ACACIA RESEARCH CORP — Director's Dealing 2016

May 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACACIA RESEARCH CORP (ACTG)
CIK: 0000934549
Period of Report: 2016-05-05

Reporting Person: GRAZIADIO G LOUIS III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-05	Common Stock	P	9362	$4.5772	Acquired	242233	Direct
2016-05-05	Common Stock	P	9362	$4.5772	Acquired	9362	Indirect

Footnotes

F1: These shares are owned by the Graziadio Family Trust u/d/t 11/13/75 ("GFT"), an irrevocable trust established by Mr. Graziadio for the benefit of his children. Mr. Graziadio is neither a trustee nor a beneficiary of GFT and disclaims beneficial ownership of the shares owned by GFT.