The estimated Net Worth of William J Clifford is at least $5.4 Million dollars as of 12 February 2018. Mr. Clifford owns over 85,000 units of Drive Shack Inc stock worth over $59,682 and over the last 21 years he sold DS stock worth over $5,214,990. In addition, he makes $130,000 as Independent Director at Drive Shack Inc.
William has made over 49 trades of the Drive Shack Inc stock since 2003, according to the Form 4 filled with the SEC. Most recently he bought 85,000 units of DS stock worth $2,805,000 on 12 February 2018.
The largest trade he's ever made was exercising 200,000 units of Drive Shack Inc stock on 3 March 2016 worth over $3,694,000. On average, William trades about 28,909 units every 57 days since 2003. As of 12 February 2018 he still owns at least 351,068 units of Drive Shack Inc stock.
You can see the complete history of Mr. Clifford stock trades at the bottom of the page.
William J. Clifford serves as Independent Director of the Company. Mr. Clifford has been a member of our Board of Directors and a member of the Audit Committee of our Board of Directors since June 2018 and the chairman of the Nominating and Corporate Governance Committee of our Board of Directors since May 2019. Mr. Clifford was the Senior Vice President, CFO and Treasurer for Gaming and Leisure Properties Inc. (NASDAQ: GLPI) from 2013 to 2018, which was a spin-off from Penn National Gaming, Inc. (NASDAQ: PENN) where he was Senior Vice President of Finance and CFO from 2001 to 2013. He was also a member of the board of directors and Audit Committee Chairman for Intrawest Holdings, Inc. (NASDAQ: SNOW) from 2014 to 2017. Mr. Clifford previously held operational finance roles for casinos in Las Vegas and the Bahamas. Mr. Clifford’s knowledge, skill, expertise and experience as described above, in particular his financial acumen from an operational and capital planning perspective, led our Board of Directors to conclude that Mr. Clifford should be elected to serve as a director of the Company.
As the Independent Director of Drive Shack Inc, the total compensation of William Clifford at Drive Shack Inc is $130,000. There are 6 executives at Drive Shack Inc getting paid more, with Hana Khouri having the highest compensation of $900,720.
William Clifford is 62, he's been the Independent Director of Drive Shack Inc since 2018. There are 3 older and 11 younger executives at Drive Shack Inc. The oldest executive at Drive Shack Inc is Virgis Colbert, 81, who is the Independent Director.
William's mailing address filed with the SEC is C/O DRIVE SHACK INC., 218 W. 18TH STREET, 3RD FLOOR, NEW YORK, NY, 10011.
Over the last 8 years, insiders at Drive Shack Inc have traded over $149,933 worth of Drive Shack Inc stock and bought 9,690,719 units worth $25,544,970 . The most active insiders traders include Wesley R Edens, Research Corp Acacia, and William J Clifford. On average, Drive Shack Inc executives and independent directors trade stock every 79 days with the average trade being worth of $69,010. The most recent stock trade was executed by Hana Khouri on 16 May 2022, trading 14,500 units of DS stock currently worth $25,085.
Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses.
Drive Shack Inc executives and other stock owners filed with the SEC include: