0001345478-19-000014.txt : 20190909
0001345478-19-000014.hdr.sgml : 20190909
20190909172001
ACCESSION NUMBER: 0001345478-19-000014
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190903
FILED AS OF DATE: 20190909
DATE AS OF CHANGE: 20190909
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Press Clifford
CENTRAL INDEX KEY: 0001345478
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37721
FILM NUMBER: 191083777
MAIL ADDRESS:
STREET 1: 152 WEST 57TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10019
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ACACIA RESEARCH CORP
CENTRAL INDEX KEY: 0000934549
STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794]
IRS NUMBER: 954405754
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 520 NEWPORT CENTER DRIVE
STREET 2: 12TH FLOOR
CITY: NEWPORT BEACH
STATE: CA
ZIP: 92660
BUSINESS PHONE: 9494808300
MAIL ADDRESS:
STREET 1: 520 NEWPORT CENTER DRIVE
STREET 2: 12TH FLOOR
CITY: NEWPORT BEACH
STATE: CA
ZIP: 92660
4
1
wf-form4_156806398478348.xml
FORM 4
X0306
4
2019-09-03
0
0000934549
ACACIA RESEARCH CORP
ACTG
0001345478
Press Clifford
4 PARK PLAZA, SUITE 550
IRVINE
CA
92614
1
1
0
0
Chief Executive Officer
ACTG Common Stock
2019-09-03
4
A
0
450000
0
A
531940
D
ACTG Common Stock
2019-09-03
4
J
0
43478
0
A
488462
D
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. The RSUs vest with respect to all or a portion of the shares on September 3, 2022 if Acacia Research Corporation (the "Company") achieves a compounded annual growth rate ("CAGR") in the Company's common stock of between 8% (17.8% of the shares) and 16% (100% of the shares) during the period. Each earned RSU converts into one share of common stock on the vesting date.
On September 3, 2019, the Reporting Person returned his shares of common stock to the issuer for cancellation, as provided under the terms of the Employment Agreement entered into between the Reporting Person and the Company dated as of September 3, 2019, given that the Reporting Person received such shares as a non-employee member of the Company's Board of Directors.
/s/Jennifer Graff as Attorney-in-Fact
2019-09-09