Marc W. Booth - 18 Jun 2021 Form 4 Insider Report for ACACIA RESEARCH CORP (ACTG)

Role: Chief IP Officer
Signature: /s/ Jennifer Graff, Attorney-in-fact
Issuer symbol: ACTG
Transactions as of: 18 Jun 2021
Net transactions value: -$36,060
Form type: 4
Filing time: 21 Jun 2021, 12:54:53 UTC
Previous filing: 12 May 2021
Next filing: 09 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACTG	ACTG Common Stock	Sale	$36,060	-5,909	-3.1%	$6.10	185,368	18 Jun 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 16,667 shares of restricted stock on June 18, 2021.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.25, 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 16,667 shares of restricted stock on June 18, 2021.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.25, 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.