SEC Form 4 · accession 0001209191-16-151825

Drive Shack Inc. · DS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO & President

Period of report

Nov 22, 2016

Accepted (ET)

Nov 23, 2016 · 7:15 am 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
Common Stock, par value $0.01 per share	Nov 22, 2016	M	10,725	$2.32	A	17,660	D
Common Stock, par value $0.01 per share	Nov 22, 2016	M	4,290	$2.95	A	21,950	D
Common Stock, par value $0.01 per share	Nov 22, 2016	M	7,507	$3.23	A	29,457	D
Common Stock, par value $0.01 per share	Nov 22, 2016	M	10,809	$3.57	A	40,266	D
Common Stock, par value $0.01 per share	Nov 22, 2016	F	22,060	$4.55	D	18,206	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Stock Option (right to buy)^F2	$2.32	Nov 22, 2016	M	10,725	D	—	Dec 31, 2016	Common Stock, par value $0.01 per share	10,725	D
Stock Option (right to buy)^F2	$2.95	Nov 22, 2016	M	4,290	D	—	Dec 31, 2016	Common Stock, par value $0.01 per share	4,290	D
Stock Option (right to buy)^F2	$3.23	Nov 22, 2016	M	7,507	D	—	Dec 31, 2016	Common Stock, par value $0.01 per share	7,507	D
Stock Option (right to buy)^F2	$3.57	Nov 22, 2016	M	10,809	D	—	Dec 31, 2016	Common Stock, par value $0.01 per share	10,809	D

F1No shares were sold. Reflects deemed surrender of shares to satisfy the exercise price due upon exercise of the associated options.
F2Options were fully vested and exercisable on or before September 26, 2016.