X0306 4 2017-12-27 0 0001175483 Drive Shack Inc. DS 0001335440 Finnerty Kevin J 1345 AVENUE OF THE AMERICAS, 45 FL NEW YORK NY 10105 1 0 0 0 Common Stock, par value $0.01 per share 2017-12-27 4 A 0 6769 0.00 A 159024 D Shares were issued to director as compensation for services provided to the issuer in accordance with the issuer's Incentive Award Plan and the additional terms established by resolution of the Board of Directors. The applicable closing stock price was $5.54 on December 27, 2017. /s/ Cameron MacDougall, his attorney-in-fact 2017-12-28