SEC Form 4 · accession 0001181431-15-000785
Drive Shack Inc. · DS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart A McFarland
Director
Period of report
Jan 7, 2015
Accepted (ET)
Jan 8, 2015 · 9:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001175483
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1,F2 | Jan 7, 2015 | A | 2,203 | $0.00 | A | 8,722 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were issued to director as compensation for services provided to the issuer in accordance with the issuer's Incentive Award Plan and the additional terms established by resolution of the Board of Directors. The applicable closing stock price was $4.54 on 12/30/2014.
- F2Reflects the Issuer's 2-for-1 reverse stock split that occurred on October 22, 2014.