<SEC-DOCUMENT>0000902664-19-004379.txt : 20191118
<SEC-HEADER>0000902664-19-004379.hdr.sgml : 20191118
<ACCEPTANCE-DATETIME>20191118204418
ACCESSION NUMBER:		0000902664-19-004379
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20191114
FILED AS OF DATE:		20191118
DATE AS OF CHANGE:		20191118

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ACACIA RESEARCH CORP
		CENTRAL INDEX KEY:			0000934549
		STANDARD INDUSTRIAL CLASSIFICATION:	PATENT OWNERS & LESSORS [6794]
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31458
		FILM NUMBER:		191228860

	BUSINESS ADDRESS:	
		STREET 1:		520 NEWPORT CENTER DRIVE
		STREET 2:		12TH FLOOR
		CITY:			NEWPORT BEACH
		STATE:			CA
		ZIP:			92660
		BUSINESS PHONE:		9494808300

	MAIL ADDRESS:	
		STREET 1:		520 NEWPORT CENTER DRIVE
		STREET 2:		12TH FLOOR
		CITY:			NEWPORT BEACH
		STATE:			CA
		ZIP:			92660

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Drive Shack Inc.
		CENTRAL INDEX KEY:			0001175483
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING & DRINKING PLACES [5810]
		IRS NUMBER:				810559116
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		218 WEST 18TH STREET
		STREET 2:		3RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10011
		BUSINESS PHONE:		2022466287

	MAIL ADDRESS:	
		STREET 1:		218 WEST 18TH STREET
		STREET 2:		3RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10011

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEWCASTLE INVESTMENT CORP
		DATE OF NAME CHANGE:	20020613
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>ownership.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2019-11-14</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001175483</issuerCik>
        <issuerName>Drive Shack Inc.</issuerName>
        <issuerTradingSymbol>DS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000934549</rptOwnerCik>
            <rptOwnerName>ACACIA RESEARCH CORP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>520 NEWPORT CENTER DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2>12TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEWPORT BEACH</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92660</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>This Form 3 is filed by Acacia Research Corporation (the &quot;Reporting Person&quot;). Clifford Press (&quot;Mr. Press&quot;) is the Chief Executive Officer and a director of the Reporting Person and serves as a director of Drive Shack, Inc. (the &quot;Issuer&quot;). While the Reporting Person does not concede that it is a director by deputization, the Reporting Person may be deemed to be a director by deputization for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, by virtue of the fact that Mr. Press currently serves on the board of directors of the Issuer.</remarks>

    <ownerSignature>
        <signatureName>Acacia Research Corporation By: /s/ Marc W. Booth, Title: Chief Intellectual Property Officer</signatureName>
        <signatureDate>2019-11-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
