SEC Form 4 · accession 0001209191-16-123779
Diamond Resorts International, Inc. · DRII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Berkman
Director
Period of report
May 24, 2016
Accepted (ET)
May 26, 2016 · 6:19 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 | May 24, 2016 | A | 6,332 | $22.11 | A | 66,867 | D | |
| Common StockF3 | holding | — | — | — | 60,000 | I | see footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock issued in lieu of annual board and board committee retainer fees, the delivery to the reporting person of which has been deferred until the earlier of January 1, 2021, the 90th day following the date he ceases to be a Director and the date of a change in control (as defined).
- F2Includes 3,090 unvested shares of restricted stock and 11,471 restricted stock units previously granted to the reporting person.
- F3Directly by The 2006 Berkman Trust for David J. Berkman Family (the "Berkman Trust") and indirectly by David J. Berkman as co-trustee of the Berkman Trust. Mr. Berkman disclaims beneficial ownership of any of the reported securities except to the extent of his pecuniary interest therein.