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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 11/9/20 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 934549 |
| Issuer Name: ACACIA RESEARCH CORP |
| Issuer Trading Symbol: ACTG |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1750000 |
| | Owner Name: Booth Marc W. |
| Reporting Owner Address: |
| | Owner Street 1: 4 PARK PLAZA, SUITE 550 |
| | Owner Street 2: |
| | Owner City: IRVINE |
| | Owner State: CA |
| | Owner ZIP Code: 92614 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief IP Officer |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: ACTG Common Stock |
| | Transaction Date: |
| | | Value: 11/9/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 4,726 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 3.6120 |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 201,415 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5(1) Trading Plan adopted by the Reporting Person on September 14, 2020. |
| Footnote - F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.55 to $3.72, 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. |
Owner Signature: |
| Signature Name: /s/ Jennifer Graff, Attorney-in-fact |
| Signature Date: 11/10/20 |