Jason W. Soncini - 16 Mar 2021 Form 4/A - Amendment Insider Report for ACACIA RESEARCH CORP (ACTG)

Role: General Counsel
Signature: /s/Jennifer Graff, Attorney in fact
Issuer symbol: ACTG
Transactions as of: 16 Mar 2021
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 09 Nov 2021, 19:28:24 UTC
Date Of Original Report: 18 Mar 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	Award	$0	+45,000		$0.000000	45,000	16 Mar 2021	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	This line item is being re-reported solely to correct an error to a footnote, which previously stated in error that the award was made pursuant to the 2013 Acacia Research Corporation Stock Incentive Plan instead of the 2016 Acacia Research Corporation Stock Incentive Plan.
F2	This award of restricted stock units ("RSUs") is made pursuant to the 2016 Acacia Research Corporation Stock Incentive Plan. Each RSU represents a contingent right to receive one share of common stock. One third of the RSUs will vest on an annual basis over a three-year period, provided, that in the event Mr. Soncini is terminated without Cause or resigns for Good Reason within the first twelve months of his employment with the Company, an additional number of RSUs shall immediately vest such that an aggregate of 20,000 RSUs shall be vested as of such termination date.

Content

This line item is being re-reported solely to correct an error to a footnote, which previously stated in error that the award was made pursuant to the 2013 Acacia Research Corporation Stock Incentive Plan instead of the 2016 Acacia Research Corporation Stock Incentive Plan.

This award of restricted stock units ("RSUs") is made pursuant to the 2016 Acacia Research Corporation Stock Incentive Plan. Each RSU represents a contingent right to receive one share of common stock. One third of the RSUs will vest on an annual basis over a three-year period, provided, that in the event Mr. Soncini is terminated without Cause or resigns for Good Reason within the first twelve months of his employment with the Company, an additional number of RSUs shall immediately vest such that an aggregate of 20,000 RSUs shall be vested as of such termination date.