SEC Form 4 · accession 0001209191-15-024700
Diamond Resorts International, Inc. · DRII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Mar 10, 2015
Accepted (ET)
Mar 10, 2015 · 5:07 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 | Mar 10, 2015 | S | 4,778,000 | $32.99 | D | 11,093,633 | I | See Footnote |
| Common StockF3 | holding | — | — | — | 1,073,949 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were sold in an underwritten public offering. This amount represents the amount received by Cloobeck Diamond Parent, LLC after underwriting discounts.
- F2Directly by Cloobeck Diamond Parent, LLC and indirectly by Stephen J. Clooebeck as the sole manager of Cloobeck Diamond Parent, LLC. 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.