Richard Jay Rosenstein - Jun 7, 2021 Form 4 Insider Report for ACACIA RESEARCH CORP (ACTG)

Role: Chief Financial Officer
Signature: /s/ Jennifer Graff, Attorney-in-fact
Stock symbol: ACTG
Transactions as of: Jun 7, 2021
Transactions value $: -$52,896
Form type: 4
Date filed: 6/8/2021, 12:52 PM
Previous filing: Nov 9, 2021
Next filing: Nov 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACTG	ACTG Common Stock	Sale	-$52.9K	-9.6K	-11.1%	$5.51	76.9K	Jun 7, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares required to be sold by the Reporting Person to satisfy tax withholding obligations related to the vesting of 28,834 shares of restricted stock on June 4, 2021.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.48 to $5.54, inclusive. The Reporting Person undertakes to provide to Acacia Research Corporation ("Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form.

Content

Represents the number of shares required to be sold by the Reporting Person to satisfy tax withholding obligations related to the vesting of 28,834 shares of restricted stock on June 4, 2021.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.48 to $5.54, inclusive. The Reporting Person undertakes to provide to Acacia Research Corporation ("Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form.