Jonathan Sagal - 01 Mar 2023 Form 4 Insider Report for ACACIA RESEARCH CORP (ACTG)

Role: Director
Signature: /s/ Jonathan Sagal
Issuer symbol: ACTG
Transactions as of: 01 Mar 2023
Net transactions value: +$127,759
Form type: 4
Filing time: 03 Mar 2023, 16:21:24 UTC
Previous filing: 11 May 2022
Next filing: 31 May 2023
SEC: View on sec.gov

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	$127,759	+24,335	+20%	$5.25	147,879	01 Mar 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	-24,335	-100%	$0.000000^*	0	01 Mar 2023	Common Stock, par value $0.001	24,335	$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.