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Item 5.07.
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Submission of Matters to a Vote of Security Holders.
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On May 21, 2024, Acacia Research Corporation (the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting") virtually via live webcast atwww.virtualshareholdermeeting.com/ACTG2024. As of April 1, 2024, the record date for the Annual Meeting, there were 100,021,951 shares of the Company's common stock (the "Common Stock"), issued, outstanding and entitled to vote.
At the Annual Meeting, 90,483,259 shares of the Common Stock were present virtually or represented by proxy, constituting a quorum for the conduct of business at the Annual Meeting.
Set forth below are brief descriptions of the proposals voted upon at the Annual Meeting, and the final results of the stockholder vote on each proposal, as certified by Broadridge Financial Solutions Inspector of Election Services, the inspector of election for the Annual Meeting. These proposals are described in more detail in the Company's definitive proxy statement, filed with the Securities and Exchange Commission on April 19, 2024.
Proposal No. 1:To elect seven directors to serve on the Company's Board of Directors until the 2025 Annual Meeting of Stockholders or until their respective successors are duly elected and qualified.
| Directors | For | Against | Abstain |
Broker Non-Votes |
| Gavin Molinelli | 82,304,881 | 417,574 | 1,609 | 7,759,195 |
| Michelle Felman | 82,284,863 | 419,345 | 19,856 | 7,759,195 |
| Isaac T. Kohlberg | 79,910,528 | 2,802,077 | 11,459 | 7,759,195 |
| Martin D. McNulty, Jr. | 82,309,327 | 403,123 | 11,614 | 7,759,195 |
| Maureen O'Connell | 82,273,131 | 449,470 | 1,463 | 7,759,195 |
| Geoff Ribar | 78,764,597 | 3,939,605 | 19,862 | 7,759,195 |
| Ajay Sundar | 82,294,086 | 410,117 | 19,861 | 7,759,195 |
Proposal No. 2:To ratify the appointment of Grant Thornton, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024.
| Votes For | Votes Against | Votes Abstaining | Broker Non-Votes |
| 89,921,255 | 558,564 | 3,440 |
Proposal No. 3:To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers.
| Votes For | Votes Against | Votes Abstaining | Broker Non-Votes |
| 79,763,086 | 930,578 | 2,030,400 | 7,759,195 |
Proposal No. 4: To approve, the 2024 Acacia Research Corporation Stock Incentive Plan, which authorizes the issuance of a variety of equity awards, including stock options, restricted stock units, performance stock units, and stock awards.
| Votes For | Votes Against | Votes Abstaining | Broker Non-Votes |
| 80,415,963 | 922,062 | 1,386,039 | 7,759,195 |
No other matters were presented for consideration or stockholder action at the Annual Meeting.
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Acacia Research Corporation published this content on 22 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 May 2024 20:22:04 UTC.