Martin D. McNulty Jr. - 10 Mar 2022 Form 4 Insider Report for ACACIA RESEARCH CORP (ACTG)

Signature
/s/ Jennifer Graff, Attorney-in-fact
Issuer symbol
ACTG
Transactions as of
10 Mar 2022
Net transactions value
$0
Form type
4
Filing time
15 Mar 2022, 07:45:55 UTC
Previous filing
02 Aug 2021
Next filing
25 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACTG ACTG Common Stock Award $0 +60,000 $0.000000 60,000 10 Mar 2022 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 ACTG Common Stock Award $0 +250,000 $0.000000 250,000 10 Mar 2022 ACTG Common Stock 250,000 $3.73 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 second, third and fourth anniversary of the grant date, respectively.
F2 One third of the option shares will vest and be exercisable on the second, third and fourth anniversary of the grant date, respectively.