Stewart Robert B Jr 4
4 · ACACIA RESEARCH CORP · Filed Sep 7, 2018
Insider Transaction Report
Form 4
Stewart Robert B Jr
President
Transactions
- Sale
Common Stock
2018-09-05$3.75/sh−66,115$248,037→ 98,643 total - Exercise/Conversion
Common Stock
2018-09-05$3.12/sh+66,115$206,279→ 164,758 total - Exercise/Conversion
Stock Option (Right to Buy)
2018-09-05−66,115→ 13,223 totalExercise: $3.12Exp: 2023-03-01→ Acacia Research Corporation Common Stock (66,115 underlying)
Footnotes (2)
- [F1]The option shares are exercisable in six equal installments over a three year period from March 1, 2016.
- [F2]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.75 to $3.80, inclusive. Mr. Stewart 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 purchased at each separate price within the range set forth in footnote (2) to this Form 4.