Wesley R. Edens - 13 May 2022 Form 4 Insider Report for Drive Shack Inc. (DSHK)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 May 2022, 20:41:25 UTC
Prior SEC filing
13 May 2022
Next SEC filing
03 Oct 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Wesley R. Edens

Key filing fact

Wesley R. Edens filed Form 4 for Drive Shack Inc. (DSHK) on 17 May 2022.

Key facts

  • This page summarizes Wesley R. Edens's Form 4 filing for Drive Shack Inc. (DSHK).
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 17 May 2022, 20:41.

Change

  • Previous filing in this sequence was filed on 13 May 2022.
  • Current net transaction value: +$2,977,183.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DSHK transaction

Common Stock, par value $0.01 per share

Purchase

Transaction value
$983,794
Shares
+697,726
Change %
+15%
Price
$1.41*
Shares after
5,200,094
Date
13 May 2022
Ownership
Direct
Footnotes
F1
DSHK transaction

Common Stock, par value $0.01 per share

Purchase

Transaction value
$983,792
Shares
+697,725
Change %
+14%
Price
$1.41*
Shares after
5,545,453
Date
13 May 2022
Ownership
WRE 2021 Trust LLC
Footnotes
F1, F2
DSHK transaction

Common Stock, par value $0.01 per share

Purchase

Transaction value
$504,798
Shares
+302,274
Change %
+5.8%
Price
$1.67*
Shares after
5,502,368
Date
16 May 2022
Ownership
Direct
Footnotes
F3
DSHK transaction

Common Stock, par value $0.01 per share

Purchase

Transaction value
$504,799
Shares
+302,275
Change %
+5.5%
Price
$1.67*
Shares after
5,847,728
Date
16 May 2022
Ownership
WRE 2021 Trust LLC
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

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.

Footnote F2

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.

Footnote F3

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.

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