SEC Form 4 · accession 0001209191-18-049713
Drive Shack Inc. · DS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Clifford
Director
Period of report
Sep 3, 2018
Accepted (ET)
Sep 5, 2018 · 8:26 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 3, 2018 | A | 41,667 | $6.20 | A | 41,667 | D | |
| Common StockF2 | Sep 3, 2018 | A | 8,333 | $0.00 | A | 50,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Based on the closing stock price on August 31, 2018.
- F2Number of shares awarded represents 20% of the aggregate fair market value of the shares purchased pursuant to the Drive Shack Inc. 2018 Omnibus Incentive Plan.