SEC Form 4 · accession 0001209191-16-111762
Drive Shack Inc. · DS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clifford Press
Director
Period of report
Mar 7, 2016
Accepted (ET)
Apr 1, 2016 · 5:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001175483
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $3.78 | Mar 7, 2016 | A | 333 | A | — | Mar 7, 2026 | Common Stock | 333 | 333 | D |
Explanation of responses
- F1Non-officer Director Stock Options were granted pursuant to the issuer's Nonqualified Option and Incentive Award Plan (the "Plan"). Such options are fully vested in accordance with the terms of the Plan.