Martin D. McNulty Jr. - May 24, 2023 Form 4 Insider Report for ACACIA RESEARCH CORP (ACTG)

Role: Interim CEO
Signature: Jennifer Graff, Attorney-in-fact
Stock symbol: ACTG
Transactions as of: May 24, 2023
Transactions value $: $150,000
Form type: 4
Date filed: 5/25/2023, 05:38 PM
Previous filing: Mar 15, 2022
Next filing: Jun 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACTG	ACTG Common Stock	Purchase	$150K	+40K	+66.67%	$3.75	100K	May 24, 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.73 to $3.77, 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 purchased at each separate price within the range set forth in footnote (1) to this Form.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.73 to $3.77, 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 purchased at each separate price within the range set forth in footnote (1) to this Form.