SEC Form 4 · accession 0001662427-16-000012
ACACIA RESEARCH CORP · ACTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marvin E Key
Officer — Interim Chief Executive Office
Period of report
Aug 1, 2016
Accepted (ET)
Aug 3, 2016 · 5:45 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 StockF1 | holding | — | — | — | 234,328 | 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)F2 | $5.75 | Aug 1, 2016 | A | 250,000 | A | — | Aug 1, 2023 | Acacia Research Corporation Common Stock | 250,000 | 250,000 | D |
Explanation of responses
- F1Due to an administrative error the prior filings had an incorrect total.
- F2The option shares are exercisable in six equal installments over a three-year term with vesting aligned with prior equity grants per a Board of Director's prior resolution on officer vesting.