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ACACIA RESEARCH CORP Director's Dealing 2017

Apr 27, 2017

33272_dirs_2017-04-27_0a716fe2-922b-4391-88eb-d2440d872b96.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ACACIA RESEARCH CORP (ACTG)
CIK: 0000934549
Period of Report: 2017-04-19

Reporting Person: Stewart Robert B Jr (President)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 95687 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $3.12 2023-03-01 Acacia Research Corporation Common Stock (79338) Direct
Stock Option (Right to Buy) $3.90 2023-03-01 Acacia Research Corporation Common Stock (187938) Direct
Stock Option (Right to Buy) $5.75 2023-08-01 Acacia Research Corporation Common Stock (750000) Direct
Stock Option (Right to Buy) $5.40 2024-03-15 Acacia Research Corporation Common Stock (96153) Direct
Stock Option (Right to Buy) $6.75 2024-03-15 Acacia Research Corporation Common Stock (113032) Direct

Footnotes

F1: The shares underlying the options shall vest in installments of 25% upon the company's achievement of certain stock price targets.

F2: The option shares are exercisable in six equal installments over a three-year term with vesting aligned to the officer vesting schedule per a Board of Director's prior resolution on officer vesting.