SEC Form 4 · accession 0000899243-16-028524
Diamond Resorts International, Inc. · DRII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Stephen J Cloobeck
Director · 10% Owner
Period of report
Sep 2, 2016
Accepted (ET)
Sep 6, 2016 · 3:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001566897
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 28, 2016 | G | 1,000,000 | — | D | 9,522,446 | I | See Footnotes |
| Common StockF2 | Sep 2, 2016 | S | 9,522,466 | $30.25 | D | 0 | I | See Footnote |
| Common StockF3 | Sep 2, 2016 | S | 1,073,949 | $30.25 | D | 0 | I | See Footnote |
| Common Stock | Sep 2, 2016 | S | 9,560 | $30.25 | D | 0 | D | |
| Common StockF4 | Sep 2, 2016 | S | 1,025,762 | $30.25 | D | 0 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 28, 2016 CDP donated 1,000,000 shares of Common Stock to a donor advised trust. CDP did not receive any consideration for such donation.
- F2Directly by Cloobeck Diamond Parent, LLC ("CDP") and indirectly by Stephen J. Cloobeck as the sole manager of CDP. Mr. Cloobeck disclaims beneficial ownership of any of the reported securities except to the extent of his pecuniary interest therein.
- F3Directly by The Chantal Cloobeck Separate Property Trust, a trust for the benefit of Mr. Cloobeck's spouse ("CCSPT"), and indirectly by Mr. Cloobeck as co-managing trustee of CCSPT with his spouse. Mr. Cloobeck disclaims beneficial ownership of any of the reported securities except to the extent of his pecuniary interest therein.
- F4Directly by Cloobeck Companies, LLC ("CCL") and indirectly by Stephen J. Cloobeck as the sole manager of CCL. Mr. Cloobeck disclaims beneficial ownership of any of the reported securities except to the extent of his pecuniary interest therein.