|
||
SECURITIES AND EXCHANGE COMMISSION
|
||
Washington, D.C. 20549
|
||
|
|
|
SCHEDULE 13D/A
|
||
|
|
|
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
|
||
|
||
Drive Shack Inc.
|
||
(Name of Issuer)
|
||
|
||
Common Stock
(Title of Class of Securities)
|
||
|
||
262077100
(CUSIP Number)
|
||
|
||
Wesley R. Edens
c/o Fortress Investment Group LLC
1345 Avenue of the Americas, 45th Floor
New York, NY 10105
(212) 798-6100
|
||
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
|
||
|
||
March 12, 2020
|
||
(Date of Event which Requires Filing of this Statement)
|
||
|
|
|
|
||
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: ☐
|
||
|
||
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
|
||
|
||
* The
remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures
provided in a prior cover page.
|
||
|
||
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of
1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
|
CUSIP No.: 262077100
|
Page 2 of 4
|
1
|
NAMES OF REPORTING PERSONS
Wesley R. Edens
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
|
(a)
|
☐
|
|
||
|
(b)
|
☐
|
|
||
3
|
SEC USE ONLY
|
||||
4
|
SOURCE OF FUNDS
PF
|
||||
5
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐
|
||||
6
|
CITIZEN SHIP OR PLACE OF ORGANIZATION
United States of America
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
8,562,319
|
|||
8
|
SHARED VOTING POWER
17,441
|
||||
9
|
SOLE DISPOSITIVE POWER
8,562,319
|
||||
10
|
SHARED DISPOSITIVE POWER
17,441
|
||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,579,760
|
||||
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☒
|
||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.8%*
|
||||
14
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
* |
All percentages of Common Shares (as defined below) outstanding contained herein are based on 67,070,513 Common Shares outstanding as of February 21, 2020, as reported on
the Issuer’s Form 10-K filed on March 6, 2020.
|
CUSIP No.: 262077100
|
Page 3 of 4
|
Item 1. |
Security and the Issuer
|
Item 5. |
Interest in Securities of the Issuer.
|
Date of Transaction
|
Quantity of
Common Shares
|
Weighted Average Price
per Common Share
|
3/11/2020
|
465,000
|
$1.4145
|
3/12/2020
|
535,000
|
$1.4218
|
3/13/2020 | 751,955 | $1.623 |
CUSIP No.: 262077100
|
Page 4 of 4
|
Dated: March 13, 2020
|
By:
|
/s/ Wesley R. Edens
|
|
Name:
|
Wesley R. Edens
|