Jonathan Sagal - Mar 1, 2023 Form 4 Insider Report for ACACIA RESEARCH CORP (ACTG)

Role
Director
Signature
/s/ Jonathan Sagal
Stock symbol
ACTG
Transactions as of
Mar 1, 2023
Transactions value $
$127,759
Form type
4
Date filed
3/3/2023, 04:21 PM
Previous filing
May 11, 2022
Next filing
May 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACTG Common Stock, $0.001 par value Options Exercise $128K +24.3K +19.7% $5.25 148K Mar 1, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ACTG Subscription Rights (right to buy) Options Exercise $0 -24.3K -100% $0.00* 0 Mar 1, 2023 Common Stock, par value $0.001 24.3K $5.25 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the public rights offering commenced by the Issuer on February 15, 2023, the Reporting Person exercised subscription rights to purchase shares of the Issuer's Common Stock at an exercise price of $5.25 per share.