SEC Form 4 · accession 0001252869-16-000004
ACACIA RESEARCH CORP · ACTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank E. Walsh III
Director
Period of report
May 4, 2016
Accepted (ET)
May 6, 2016 · 12:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000934549
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 4, 2016 | P | 10,000 | $4.70 | A | 45,000 | D | |
| Common Stock | May 4, 2016 | P | 20,000 | $4.65 | A | 65,000 | D | |
| Common Stock | May 4, 2016 | P | 10,000 | $4.6499 | A | 75,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $4.01 | holding | — | — | — | Oct 1, 2016 | Apr 7, 2023 | Acacia Research Corporation Common Stock | 70,588 | 70,588 | D |
Explanation of responses
- F1The opiton shares are exercisable in six equal installments over a three-year term. The first installment vests on 10/1/16.