Filing Details

Accession Number:
0001209191-22-029888
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-17 20:41:25
Reporting Period:
2022-05-13
Accepted Time:
2022-05-17 20:41:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1175483 Drive Shack Inc. DS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1124460 R Wesley Edens 111 W. 19Th Street, 8Th Floor
New York NY 10011
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share Acquisiton 2022-05-13 697,726 $1.41 5,200,094 No 4 P Direct
Common Stock, Par Value $0.01 Per Share Acquisiton 2022-05-13 697,725 $1.41 5,545,453 No 4 P Indirect WRE 2021 Trust LLC
Common Stock, Par Value $0.01 Per Share Acquisiton 2022-05-16 302,274 $1.67 5,502,368 No 4 P Direct
Common Stock, Par Value $0.01 Per Share Acquisiton 2022-05-16 302,275 $1.67 5,847,728 No 4 P Indirect WRE 2021 Trust LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect WRE 2021 Trust LLC
No 4 P Direct
No 4 P Indirect WRE 2021 Trust LLC
Footnotes
  1. The shares were purchased in multiple transactions and the price reported is a weighted average. The purchase price ranged from $1.31 to $1.50. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  2. Reflects shares held by WRE 2021 Trust LLC, which is owned by The Wesley R. Edens 2021 Family Trust (formerly the The Wesley R. Edens 2011 GRAT Family Trust). The reporting person may be deemed to be the beneficial owner of these shares but disclaims beneficial ownership except to the extent of his pecuniary interest therein.
  3. The shares were purchased in multiple transactions and the price reported is a weighted average. The purchase price ranged from $1.515 to $1.75 The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.