4//SEC Filing
Tobia Alfred Victor Jr. 4
Accession 0001712316-19-000012
CIK 0000934549other
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 5:22 PM ET
Size
12.3 KB
Accession
0001712316-19-000012
Insider Transaction Report
Form 4
Tobia Alfred Victor Jr.
Director
Transactions
- Award
ACTG Common Stock
2019-09-03+450,000→ 531,940 total - Other
ACTG Common Stock
2019-09-03+43,478→ 488,462 total
Holdings
- 245,631(indirect: By LLC)
ACTG Common Stock
- 242,080(indirect: Sidus Double Alpha Fund, Ltd.)
ACTG Common Stock
- 183,303(indirect: Sidus Investment Partners, L.P.)
ACTG Common Stock
- 528,986(indirect: Sidus Double Alpha Fund, L.P.)
ACTG Common Stock
Footnotes (6)
- [F1]This award of restricted stock units ("RSUs") is made pursuant to the 2016 Acacia Research Corporation Stock Incentive Plan. 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.
- [F2]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.
- [F3]Shares of common stock owned directly by Sidus Double Alpha, Ltd. ("Sidus Double Alpha Offshore"). The Reporting Person.solely by virtue of his position as a managing member of Sidus Management, the investment manager of Sidus Double Alpha Offshore, may be deemed to beneficially own the shares of common stock directly held by Sidus Double Alpha Offshore for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
- [F4]Shares of common stock owned directly by Sidus Investment Partners, LP.("Sidus Partners'). The Reporting Person, solely by virtue of his position as a managing member of Sidus Management, the investment manager of Sidus Partners, may be deemed to beneficially own the shares of common stock directly held by Sidus Partners for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
- [F5]Shares of common stock held in an account for which Sidus Investment Management, LLC ("Sidus Management") serves as a sub-advisor (the 'Managed Account"). The Reporting Person, solely by virtue of his position as a managing member of Sidus Management, the sub-advisor to the Managed Account may be deemed to beneficially own the shares of common stock directly held in the Managed Account for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"). The Reporting Person expressly disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
- [F6]Shares of common stock owned directly by Sidus Double Alpha Fund, L.P. ("Sidus Double Alpha"). The Reporting Person, solely by virtue of his position as a managing member of Sidus Management, the investmentmanager of Sidus Double Alpha, may be deemed to beneficially own the shares of common stock directly held by Sidus Double Alpha for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.
Documents
Issuer
ACACIA RESEARCH CORP
CIK 0000934549
Entity typeother
Related Parties
1- filerCIK 0001712316
Filing Metadata
- Form type
- 4
- Filed
- Sep 8, 8:00 PM ET
- Accepted
- Sep 9, 5:22 PM ET
- Size
- 12.3 KB