The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADVISORY BRD CO COM 00762W107 40,971 764,030 SH   SOLE 0 764,030 0 0
AKORN INC COM 009728106 27,558 830,305 SH   SOLE 0 830,305 0 0
ALERE INC COM 01449J105 60,586 1,188,200 SH   SOLE 0 1,188,200 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 29,102 168,500 SH   SOLE 0 168,500 0 0
ALLY FINL INC COM 02005N100 13,435 553,800 SH   SOLE 0 553,800 0 0
ALTABA INC COM 021346101 71,669 1,081,956 SH   SOLE 0 1,081,956 0 0
AT&T INC COM 00206R102 26,561 678,100 SH Put SOLE 0 678,100 0 0
AVISTA CORP COM 05379B107 15,862 306,400 SH   SOLE 0 306,400 0 0
BARD C R INC COM 067383109 43,944 137,110 SH   SOLE 0 137,110 0 0
BARNES & NOBLE INC COM 067774109 7,600 1,000,000 SH Call SOLE 0 1,000,000 0 0
BARNES & NOBLE INC COM 067774109 7,600 1,000,000 SH   SOLE 0 1,000,000 0 0
BROCADE COMMUNICATIONS SYS I COM NEW 111621306 35,085 2,936,000 SH   SOLE 0 2,936,000 0 0
CONAGRA BRANDS INC COM 205887102 9,214 273,100 SH   SOLE 0 273,100 0 0
CSX CORP COM 126408103 5,095 93,900 SH   SOLE 0 93,900 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 4,883 241,000 SH Put SOLE 0 241,000 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 545 68,400 SH   SOLE 0 68,400 0 0
GENERAL COMMUNICATION INC CL A 369385109 30,001 735,500 SH   SOLE 0 735,500 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 7,989 75,000 SH Put SOLE 0 75,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 4,594 31,000 SH Put SOLE 0 31,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 26,628 300,000 SH Put SOLE 0 300,000 0 0
KITE PHARMA INC COM 49803L109 23,016 128,000 SH   SOLE 0 128,000 0 0
LAMB WESTON HLDGS INC COM 513272104 4,269 91,033 SH   SOLE 0 91,033 0 0
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 9,571 179,600 SH   SOLE 0 179,600 0 0
MONEYGRAM INTL INC COM NEW 60935Y208 38,015 2,359,704 SH   SOLE 0 2,359,704 0 0
MONSANTO CO NEW COM 61166W101 24,132 201,400 SH   SOLE 0 201,400 0 0
NEURODERM LTD ORD SHS M74231107 43,916 1,128,950 SH   SOLE 0 1,128,950 0 0
NXP SEMICONDUCTORS N V COM N6596X109 44,913 397,140 SH   SOLE 0 397,140 0 0
PACIRA PHARMACEUTICALS INC COM 695127100 6,759 180,000 SH Call SOLE 0 180,000 0 0
PACIRA PHARMACEUTICALS INC COM 695127100 14,123 376,100 SH   SOLE 0 376,100 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 11,491 79,000 SH Put SOLE 0 79,000 0 0
RICE ENERGY INC COM 762760106 45,378 1,568,000 SH   SOLE 0 1,568,000 0 0
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 17,118 199,300 SH   SOLE 0 199,300 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 6,034 233,350 SH   SOLE 0 233,350 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 19,596 78,000 SH Call SOLE 0 78,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 31,404 125,000 SH Put SOLE 0 125,000 0 0
TIME WARNER INC COM NEW 887317303 48,336 471,800 SH   SOLE 0 471,800 0 0
TIVO CORP COM 88870P106 12,351 622,200 SH   SOLE 0 622,200 0 0
VIAVI SOLUTIONS INC COM 925550105 4,399 465,000 SH Call SOLE 0 465,000 0 0