SEC Form 4 · accession 0001209191-15-024222
Drive Shack Inc. · DS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randal A Nardone
Officer — Secretary
Period of report
Aug 16, 2007
Accepted (ET)
Mar 9, 2015 · 6:44 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|
| Series B Cumulative Redeemable Preferred StockF1 | Aug 16, 2007 | P | 72,000 | $19.50 | A | 72,000 | I | Drawbridge DSO Securities LLC |
| Series B Cumulative Redeemable Preferred StockF1 | Mar 5, 2015 | S | 10,000 | $26.25 | D | 62,000 | I | Drawbridge DSO Securities LLC |
| Series B Cumulative Redeemable Preferred StockF1 | Mar 6, 2015 | S | 7,240 | $26.1852 | D | 54,760 | I | Drawbridge DSO Securities LLC |
| Series B Cumulative Redeemable Preferred StockF1 | Mar 9, 2015 | S | 26,215 | $25.9817 | D | 28,545 | I | Drawbridge DSO Securities LLC |
| Series C Cumulative Redeemable Preferred StockF1 | Aug 16, 2007 | P | 37,000 | $16.585 | A | 37,000 | I | Drawbridge DSO Securities LLC |
| Series C Cumulative Redeemable Preferred StockF1 | Mar 6, 2015 | S | 10,000 | $25.0915 | D | 27,000 | I | Drawbridge DSO Securities LLC |
| Series C Cumulative Redeemable Preferred StockF1 | Mar 9, 2015 | S | 24,308 | $25.069 | D | 2,692 | I | Drawbridge DSO Securities LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were sold by Drawbridge DSO Securities LLC. Mr. Nardone does not personally own these shares or have any voting or investment power over these shares. However, Mr. Nardone may be deemed to be the beneficial owner of these shares of preferred stock by virtue of his relationship to Drawbridge DSO Securities LLC. Mr. Nardone disclaims beneficial ownership of any securities of the issuer held by these entities except to the extent of his pecuniary interest therein.