SEC Form 4 · accession 0001209191-18-024735

Drive Shack Inc. · DS

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

Reporting owner

Officer — Chief Operating Officer

Period of report

Apr 10, 2018

Accepted (ET)

Apr 12, 2018 · 4:20 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.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F1,F2	$1.00	Apr 10, 2018	J	24,948	A	—	Mar 31, 2021	Common Stock, par value $0.01 per share	24,948	49,896	D
Stock Option (right to buy)^F1,F2	$1.00	Apr 10, 2018	J	41,937	A	—	Sep 30, 2021	Common Stock, par value $0.01 per share	41,937	83,874	D
Stock Option (right to buy)^F1,F2	$1.00	Apr 10, 2018	J	27,868	A	—	Apr 30, 2022	Common Stock, par value $0.01 per share	27,868	55,736	D
Stock Option (right to buy)^F1,F2	$1.00	Apr 10, 2018	J	31,705	A	—	May 31, 2022	Common Stock, par value $0.01 per share	31,705	63,410	D
Stock Option (right to buy)^F1,F2	$1.00	Apr 10, 2018	J	35,039	A	—	Jul 31, 2022	Common Stock, par value $0.01 per share	35,039	70,078	D
Stock Option (right to buy)^F1,F2	$2.32	Apr 10, 2018	J	76,666	A	—	Jan 31, 2023	Common Stock, par value $0.01 per share	76,666	153,332	D
Stock Option (right to buy)^F1,F2	$2.95	Apr 10, 2018	J	30,666	A	—	Feb 28, 2023	Common Stock, par value $0.01 per share	30,666	61,332	D
Stock Option (right to buy)^F1,F2	$3.23	Apr 10, 2018	J	53,666	A	—	Jun 30, 2023	Common Stock, par value $0.01 per share	53,666	107,332	D
Stock Option (right to buy)^F1,F2	$3.57	Apr 10, 2018	J	77,268	A	—	Nov 30, 2023	Common Stock, par value $0.01 per share	77,268	154,536	D
Stock Option (right to buy)^F1,F2	$4.01	Apr 10, 2018	J	61,233	A	—	Aug 31, 2024	Common Stock, par value $0.01 per share	61,233	122,466	D

F1The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled.
F2Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option.