4//SEC Filing
Diamond Resorts International, Inc. 4
Accession 0000899243-16-028425
CIK 0001566897operating
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 1:05 PM ET
Size
9.4 KB
Accession
0000899243-16-028425
Insider Transaction Report
Form 4
BERKMAN DAVID J
DirectorOther
Transactions
- Disposition from Tender
Common Stock
2016-09-02$30.25/sh−43,324$1,310,551→ 23,543 total - Disposition from Tender
Common Stock
2016-09-02$30.25/sh−60,000$1,815,000→ 0 total(indirect: See footnote) - Disposition to Issuer
Common Stock
2016-09-02$30.25/sh−23,543$712,176→ 0 total
Footnotes (4)
- [F1]Includes an aggregate of 10,768 shares of common stock of Diamond Resorts International, Inc. (the "Company") that were each converted, at the effective time of the merger contemplated by the Agreement and Plan of Merger, dated as of June 29, 2016, by and among Dakota Parent, Inc., Dakota Merger Sub, Inc., and the Company (the "Effective Time"), into the right to receive an amount in cash equal to the $30.25 consideration payable in the merger for each share of the Company's common stock (the "merger consideration"), without interest and less any applicable withholding tax.
- [F2]Includes an aggregate of 1,304 shares of restricted stock of the Company that were each converted, promptly after the Effective Time, into the right to receive an amount in cash equal to the merger consideration, without interest and less any applicable withholding tax.
- [F3]Includes an aggregate of 11,471 restricted stock units of the Company that were each canceled at the Effective Time and converted into the right to receive an amount in cash equal to the merger consideration, without interest and less any applicable withholding tax promptly after the Effective Time.
- [F4]Directly 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.
Documents
Issuer
Diamond Resorts International, Inc.
CIK 0001566897
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001566897
Filing Metadata
- Form type
- 4
- Filed
- Sep 1, 8:00 PM ET
- Accepted
- Sep 2, 1:05 PM ET
- Size
- 9.4 KB