FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Bynum David   2. Issuer Name and Ticker or Trading Symbol Acacia Diversified Holdings, Inc. [ACCA] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) __X__ Other (specify below) None (Last) (First) (Middle) ACACIA AUTOMOTIVE, INC., 3512 E. SILVER SPRINGS BLVD - #243 3. Date of Earliest Transaction (Month/Day/Year) 02/28/2012 (Street) OCALA, FL 34470 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common stock 02/28/2012   J(1)   15,000 (1) D $ 0 0 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Common stock purchase options

$ 0.44 (2)

02/28/2012

J(3)

190,000

11/16/2009(2)

02/28/2012

Common stock

190,000

$ 0.48 (2)

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Bynum David ACACIA AUTOMOTIVE, INC. 3512 E. SILVER SPRINGS BLVD - #243 OCALA, FL 34470				None

Signatures

/s/ John David Bynum by /s/ Steven L. Sample, PoA		02/22/2013
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares returned to giftor pursuant to to terms of Settlement Agreement and Release of even date herewith.
(2)	10,000 common stock purchase options were exercisable after May 16, 2007 at $0.875 per share;, 15,000 options were exercisable after November 2, 2007 at $0.80 per share; 15,000 options were exercisable after December 31, 2008 at $0.50 per share; 100,000 options were exercisable after December 31, 2008 at $0.50 per share; and, 50,000 options were exercisable after November 6, 2009 at $0.10 per share, the average exercise price for all options being $0.48, all of which options are now cancelled by the Issuer pursuant to the terms of the Settlement Agreement and Release of February 28, 2012.
(3)	Common stock purchase options cancelled by Issuer pursuant to the terms of Settlement Agreement and Release of February 28, 2012

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