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 2,331 638,712 SH   SOLE   638,712 0 0
ALLY FINL INC COM 02005N100 53,200 2,192,910 SH   SOLE   2,192,910 0 0
ALTABA INC COM 021346101 17,620 266,000 SH   SOLE   266,000 0 0
AMBAC FINL GROUP INC COM NEW 023139884 10,383 601,585 SH   SOLE   601,585 0 0
APTEVO THERAPEUTICS INC COM 03835L108 4,398 1,920,368 SH   SOLE   1,920,368 0 0
ASHFORD HOSPITALITY PRIME IN COM 044102101 20,999 2,210,427 SH   SOLE   2,210,427 0 0
BRIGHTHOUSE FINL INC COM 10922N103 63,840 1,050,000 SH   SOLE   1,050,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 12,748 200,000 SH   SOLE   200,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 288,710 4,529,500 SH Call SOLE   4,529,500 0 0
CARS COM INC COM 14575E105 47,632 1,790,000 SH   SOLE   1,790,000 0 0
CEDAR REALTY TRUST INC COM NEW 150602209 2,931 521,474 SH   SOLE   521,474 0 0
CHIMERIX INC COM 16934W106 4,937 940,291 SH   SOLE   940,291 0 0
CITIZENS FINL GROUP INC COM 174610105 11,361 300,000 SH   SOLE   300,000 0 0
COMPX INTERNATIONAL INC CL A 20563P101 6,584 431,732 SH   SOLE   431,732 0 0
CONDUENT INC COM 206787103 8,605 549,159 SH   SOLE   549,159 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 44,867 581,100 SH   SOLE   581,100 0 0
DEXCOM INC COM 252131107 14,678 300,000 SH   SOLE   300,000 0 0
EXPEDIA INC DEL COM NEW 30212P303 8,917 61,950 SH   SOLE   61,950 0 0
GNC HLDGS INC COM CL A 36191G107 4,420 500,000 SH   SOLE   500,000 0 0
GREENHILL & CO INC COM 395259104 1,529 92,134 SH   SOLE   92,134 0 0
JBG SMITH PPTYS COM 46590V100 49,376 1,443,330 SH   SOLE   1,443,330 0 0
LSC COMMUNICATIONS INC COM 50218P107 4,248 257,309 SH   SOLE   257,309 0 0
NEWS CORP NEW CL B 65249B208 4,267 312,620 SH   SOLE   312,620 0 0
NEWS CORP NEW CL A 65249B109 3,631 273,795 SH   SOLE   273,795 0 0
OTELCO INC CL A NEW 688823301 1,172 124,055 SH   SOLE   124,055 0 0
PJT PARTNERS INC COM CL A 69343T107 56,272 1,468,849 SH   SOLE   1,468,849 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 43,635 300,000 SH Put SOLE   300,000 0 0
QUALITY CARE PPTYS INC COM 747545101 6,308 406,960 SH   SOLE   406,960 0 0
RUBICON PROJ INC COM 78112V102 8,802 2,262,748 SH   SOLE   2,262,748 0 0
SEARS HOMETOWN & OUTLET STOR COM 812362101 1,445 566,529 SH   SOLE   566,529 0 0
SECUREWORKS CORP CL A 81374A105 2,431 196,851 SH   SOLE   196,851 0 0
TRIBUNE MEDIA CO CL A 896047503 4,086 100,000 SH   SOLE   100,000 0 0
TWITTER INC COM 90184L102 844 50,000 SH   SOLE   50,000 0 0
TWITTER INC COM 90184L102 20,266 1,201,300 SH Call SOLE   1,201,300 0 0
VECTRUS INC COM 92242T101 7,620 247,091 SH   SOLE   247,091 0 0
VERSUM MATLS INC COM 92532W103 53,371 1,374,833 SH   SOLE   1,374,833 0 0
WELLS FARGO CO NEW COM 949746101 2,758 50,000 SH   SOLE   50,000 0 0
WESCO AIRCRAFT HLDGS INC COM 950814103 6,940 738,318 SH   SOLE   738,318 0 0