4//SEC Filing
HAMMARLEY DAVID 4
Accession 0001209191-19-024656
CIK 0001175483other
Filed
Apr 14, 8:00 PM ET
Accepted
Apr 15, 7:41 PM ET
Size
6.2 KB
Accession
0001209191-19-024656
Insider Transaction Report
Form 4
HAMMARLEY DAVID
Chief Financial Officer
Transactions
- Award
Stock Option (right to buy)
2019-04-11+695,652→ 695,652 totalExercise: $4.66→ Common Stock, par value $0.01 per share (695,652 underlying)
Footnotes (2)
- [F1]The options vest in equal installments on April 11, 2020, 2021 and 2022, provided that Mr. Hammarley remains in continuous employment with the Company through the applicable vesting date.
- [F2]Once vested, the options may be exercised prior to the earliest to occur of: (a) April 11, 2029, (b) the first anniversary of the date of Mr. Hammarley's termination of employment by the Company without cause, by Mr. Hammarley for good reason or due to his death or disability, (c) 90 days following the date of Mr. Hammarley's voluntary termination of employment other than for good reason, 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.
Documents
Issuer
Drive Shack Inc.
CIK 0001175483
Entity typeother
Related Parties
1- filerCIK 0001759444
Filing Metadata
- Form type
- 4
- Filed
- Apr 14, 8:00 PM ET
- Accepted
- Apr 15, 7:41 PM ET
- Size
- 6.2 KB