The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADVERUM BIOTECHNOLOGIES INC COM 00773U108 429 171,487 SH   SOLE   171,487 0 0
ALLY FINL INC COM 02005N100 42,672 2,041,710 SH   SOLE   2,041,710 0 0
ALTABA INC COM 021346101 14,492 266,000 SH   SOLE   266,000 0 0
AMBAC FINL GROUP INC COM NEW 023139884 10,292 593,185 SH   SOLE   593,185 0 0
APTEVO THERAPEUTICS INC COM 03835L108 3,975 1,920,368 SH   SOLE   1,920,368 0 0
ASHFORD HOSPITALITY PRIME IN COM 044102101 22,745 2,210,427 SH   SOLE   2,210,427 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 19,502 350,000 SH   SOLE   350,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 252,384 4,529,500 SH Call SOLE   4,529,500 0 0
CARS COM INC COM 14575E105 46,843 1,759,035 SH   SOLE   1,759,035 0 0
CEDAR REALTY TRUST INC COM NEW 150602209 4,265 879,384 SH   SOLE   879,384 0 0
CHIMERIX INC COM 16934W106 5,125 940,291 SH   SOLE   940,291 0 0
CITIZENS FINL GROUP INC COM 174610105 18,649 522,682 SH   SOLE   522,682 0 0
COMPX INTERNATIONAL INC CL A 20563P101 6,564 431,732 SH   SOLE   431,732 0 0
CONDUENT INC COM 206787103 11,158 700,000 SH   SOLE   700,000 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 35,511 581,100 SH   SOLE   581,100 0 0
EXPEDIA INC DEL COM NEW 30212P303 9,227 61,950 SH   SOLE   61,950 0 0
GENERAL MLS INC COM 370334104 25,251 455,800 SH Call SOLE   455,800 0 0
GENERAL MTRS CO COM 37045V100 6,989 200,100 SH   SOLE   200,100 0 0
GNC HLDGS INC COM CL A 36191G107 13,488 1,600,000 SH   SOLE   1,600,000 0 0
LIBERTY GLOBAL PLC LILAC SHS CL A G5480U138 2,177 100,000 SH   SOLE   100,000 0 0
LIBERTY GLOBAL PLC LILAC SHS CL C G5480U153 2,141 100,000 SH   SOLE   100,000 0 0
LSC COMMUNICATIONS INC COM 50218P107 8,560 400,000 SH   SOLE   400,000 0 0
NEW YORK REIT INC COM 64976L109 2,163 250,312 SH   SOLE   250,312 0 0
NEWS CORP NEW CL B 65249B208 4,778 337,703 SH   SOLE   337,703 0 0
NEWS CORP NEW CL A 65249B109 3,842 280,418 SH   SOLE   280,418 0 0
NVIDIA CORP COM 67066G104 36,140 250,000 SH Put SOLE   250,000 0 0
OTELCO INC CL A NEW 688823301 930 124,055 SH   SOLE   124,055 0 0
PHARMERICA CORP COM 71714F104 13,425 511,436 SH   SOLE   511,436 0 0
PJT PARTNERS INC COM CL A 69343T107 59,077 1,468,849 SH   SOLE   1,468,849 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 20,646 150,000 SH Put SOLE   150,000 0 0
QUALITY CARE PPTYS INC COM 747545101 6,206 338,935 SH   SOLE   338,935 0 0
QUORUM HEALTH CORP COM 74909E106 274 66,102 SH   SOLE   66,102 0 0
RUBICON PROJ INC COM 78112V102 6,591 1,282,328 SH   SOLE   1,282,328 0 0
SEARS HOMETOWN & OUTLET STOR COM 812362101 1,530 566,529 SH   SOLE   566,529 0 0
SECUREWORKS CORP CL A 81374A105 1,836 197,651 SH   SOLE   197,651 0 0
TIER REIT INC COM NEW 88650V208 7,359 398,200 SH   SOLE   398,200 0 0
TRIBUNE MEDIA CO CL A 896047503 7,679 188,360 SH   SOLE   188,360 0 0
TWITTER INC COM 90184L102 894 50,000 SH   SOLE   50,000 0 0
VECTRUS INC COM 92242T101 6,464 200,000 SH   SOLE   200,000 0 0
VERSUM MATLS INC COM 92532W103 42,245 1,299,833 SH   SOLE   1,299,833 0 0
WELLS FARGO CO NEW COM 949746101 5,541 100,000 SH   SOLE   100,000 0 0
WESCO AIRCRAFT HLDGS INC COM 950814103 9,739 897,580 SH   SOLE   897,580 0 0