SEC Form 4 · accession 0001209191-15-045615
Diamond Resorts International, Inc. · DRII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronan O'Gorman
Officer — SVP-Resort Operations
Period of report
May 19, 2015
Accepted (ET)
May 21, 2015 · 6:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001566897
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $32.69 | May 19, 2015 | A | 40,000 | A | — | May 19, 2025 | Common | 40,000 | 40,000 | D |
Explanation of responses
- F1The option vests with respect to 25% of the underlying shares of Common Stock on each of the first four anniversaries of the grant date.
Remarks
This filing does not reflect 4,589 restricted stock units granted to the reporting person on May 19, 2015, representing contingent rights to receive shares of our common stock based upon satisfaction of annual performance conditions and subject to the reporting person's continuation of service with the Company. The reporting person's acquisition of the restricted stock units will be reported if and when the applicable performance conditions are satisfied.