SEC Form 4 · accession 0001209191-15-045606
Diamond Resorts International, Inc. · DRII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Flaskey
Officer — EVP & Chief Sales &Marketing O · Other
Period of report
May 19, 2015
Accepted (ET)
May 21, 2015 · 6:37 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 | May 19, 2015 | A | 100,000 | $32.69 | A | 131,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $32.69 | May 19, 2015 | A | 100,000 | A | — | May 19, 2015 | Common | 100,000 | 100,000 | D |
Explanation of responses
- F1Includes 100,000 shares of restricted stock granted to the reporting person, which shares of restricted stock vest in four equal installments on each of the first four anniversaries of the grant date.
- F2The option vests with respect to 25% of the underlying shares of common stock on each of the first four anniversaries of the grant date.