Filing Details

Accession Number:
0001209191-14-062371
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-10-07 19:49:21
Reporting Period:
2014-10-03
Filing Date:
2014-10-07
Accepted Time:
2014-10-07 19:49:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1566897 Diamond Resorts International Inc. DRII Hotels & Motels (7011) 461750895
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1423055 D Lowell Kraff 10600 W. Charleston Blvd
Las Vegas NV 89135
Yes No Yes No
1581688 Ldk Holdco, Llc 10600 W. Charleston Blvd
Las Vegas NV 89135
No No No Yes
1581692 Diamond Oursurance, Llc 10600 W. Charleston Blvd
Las Vegas NV 89135
No No No Yes
1581694 Best Amigos Partners, Llc 10600 W. Charleston Blvd
Las Vegas NV 89135
No No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-10-03 5,500 $22.12 309,259 No 4 S Indirect See Footnote
Common Stock Disposition 2014-10-06 6,560 $22.07 302,699 No 4 S Indirect See Footnote
Common Stock Disposition 2014-10-07 11,050 $22.09 291,649 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,407,157 Indirect See Footnote
Common Stock 490,687 Indirect See Footnote
Common Stock 102,765 Indirect See Footnote
Common Stock 32,093 Indirect See Footnote
Footnotes
  1. Represents open market sale of common stock pursuant to a previously disclosed "Rule 10b5-1 plan" established by the reporting person.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on October 3, 2014 at prices ranging from $21.91 to $22.26. The reporting person undertakes to provide to Diamond Resorts International, Inc., any securityholder of Diamond Resorts International, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth footnotes (2),(4)and (5).
  3. Directly by Diamond Oursurance, LLC ("Oursurance") and indirectly by Lowell D. Kraff as the sole manager of Oursurance. Mr. Kraff disclaims beneficial ownership of any of the reported securities except to the extent of his pecuniary interest therein.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on October 6, 2014 at prices ranging from $21.98 to $22.22.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on October 7, 2014 at prices ranging from $21.82 to $22.28.
  6. Directly by Best Amigos Partners, LLC ("BAP") and indirectly by Lowell D. Kraff as the sole manager of BAP. Mr. Kraff disclaims beneficial ownership of any of the reported securities except to the extent of his pecuniary interest therein.
  7. By Trivergance Diamond Sub, LLC ("TDS"). Lowell D. Kraff is the co-manager of an entity which is the sole manager of the sole member of TDS. In addition, pursuant to the terms of a nominee agreement, BAP has the right to control, and has the sole pecuniary interest in, 24,546 of such shares of Common Stock, and Mr. Kraff is the sole manager of BAP. Each of BAP and Mr. Kraff disclaims beneficial ownership of any of the reported securities except to the extent of its or his pecuniary interest therein.
  8. Directly by LDK Holdco, LLC ("LDK") and indirectly by Lowell D. Kraff as the sole manager of LDK. Mr. Kraff disclaims beneficial ownership of any of the reported securities except to the extent of his pecuniary interest therein.
  9. By Praesumo Partners, LLC ("Praesumo"). Lowell D. Kraff is the managing member of Praesumo. Mr. Kraff disclaims beneficial ownership of any of the reported securities except to the extent of his pecuniary interest therein.