0001209191-18-059372.txt : 20181119 0001209191-18-059372.hdr.sgml : 20181119 20181119213324 ACCESSION NUMBER: 0001209191-18-059372 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181112 FILED AS OF DATE: 20181119 DATE AS OF CHANGE: 20181119 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HAMMARLEY DAVID CENTRAL INDEX KEY: 0001759444 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31458 FILM NUMBER: 181194206 MAIL ADDRESS: STREET 1: 111 WEST 19TH STREET STREET 2: 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10011 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Drive Shack Inc. CENTRAL INDEX KEY: 0001175483 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 810559116 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 111 W. 19TH STREET, 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10011 BUSINESS PHONE: 5162687460 MAIL ADDRESS: STREET 1: 111 W. 19TH STREET, 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10011 FORMER COMPANY: FORMER CONFORMED NAME: NEWCASTLE INVESTMENT CORP DATE OF NAME CHANGE: 20020613 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2018-11-12 0 0001175483 Drive Shack Inc. DS 0001759444 HAMMARLEY DAVID 111 W. 19TH STREET, 8TH FLOOR NEW YORK NY 10011 0 1 0 0 Chief Financial Officer Stock Option (right to buy) 5.44 2018-11-12 4 A 0 75000 0.00 A Common Stock, par value $0.01 per share 75000 75000 D The options vest on November 12, 2021, provided that Mr. Hammarley remains in continuous employment with the Company through such date. Once vested, the options may be exercised prior to the earliest to occur of: (a) November 12, 2028, (b) the first anniversary of the date of Mr. Hammarley's termination of employment by the Company without cause or due to his death or disability, (c) 90 days following the date of Mr. Hammarley's voluntary termination of employment, and (d) the close of business on the last business day immediately prior to the date of Mr. Hammarley's (i) termination of employment by the Company for cause or (ii) breach of any restrictive covenant set forth in any agreement or arrangement between Mr. Hammarley and the Company. /s/ Nicholas M. Foley, as attorney-in-fact 2018-11-19