Jason W. Soncini - Mar 21, 2023 Form 4 Insider Report for ACACIA RESEARCH CORP (ACTG)

Role
General Counsel
Signature
Jennifer Graff, Attorney-in-fact
Stock symbol
ACTG
Transactions as of
Mar 21, 2023
Transactions value $
$0
Form type
4
Date filed
3/23/2023, 05:10 PM
Previous filing
Mar 20, 2023
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACTG ACTG Common Stock Award $0 +45.8K +45.39% $0.00 147K Mar 21, 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 Stock Option (Right to Buy ACTG) Award $0 +75.8K +44.94% $0.00 245K Mar 21, 2023 ACTG Common Stock 75.8K $4.27 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 the first, second and third anniversaries of the grant date, respectively.
F2 One third of the options shares will vest and be exercisable on the first, second and third anniversaries of the grant date, respectively.