ACACIA RESEARCH CORP — Director's Dealing 2021

Nov 22, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ACACIA RESEARCH CORP (ACTG)
CIK: 0000934549
Period of Report: 2021-11-12

Reporting Person: Golby Lawrence Wesley (Director of Research)

Holdings (Non-Derivative)

Security	Shares	Ownership
ACTG Common Stock	80000	Direct
ACTG Common Stock	45000	Direct
ACTG Common Stock	20000	Direct
ACTG Common Stock	6700	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$5.84	2031-08-23	Acacia Research Corporation Common Stock (112500)		Direct

Footnotes

F1: This award of restricted stock awards ("RSAs") is made pursuant to the 2013 Acacia Research Corporation Stock Incentive Plan. The RSAs vest annually in equal installments over three years starting from August 1, 2020 (the "Grant Date"), such that the RSAs shall be fully vested on the date which is three years from the Grant Date.

F2: This award of restricted stock units ("RSUs") is made pursuant to the 2016 Acacia Research Corporation Stock Incentive Plan. The RSUs will vest annually in equal installments on the date of each of the Company's 2022, 2023 and 2024 Annual Meeting of Stockholders, respectively.

F3: These shares are held in two IRA accounts in the reporting person's name.

F4: These shares are held in trusts for the benefit of the minor daughters of the reporting person and for which the reporting person is an investment advisor.

F5: One third of the option shares will vest and be exercisable on the date of each of the Company's 2022, 2023 and 2024 Annual Meeting of Stockholders, respectively.