Diamond Resorts International, Inc. 4

Accession 0000899243-16-028443

CIK 0001566897operating

Filed

Sep 1, 8:00 PM ET

Accepted

Sep 2, 1:12 PM ET

Size

19.0 KB

Accession

0000899243-16-028443

Form 4

Period: 2016-09-02

DirectorPresident, CEO10% Owner

Transactions

Disposition to Issuer
Stock Option (right to buy)
2016-09-02$16.25/sh−1,073,850$17,450,063→ 0 total
Exercise: $14.00Exp: 2023-07-18→ Common Stock (1,073,850 underlying)
Disposition from Tender
Common Stock
2016-09-02$30.25/sh−3,699,560$111,911,690→ 0 total(indirect: See Footnote)
Disposition from Tender
Common Stock
2016-09-02$30.25/sh−616,647$18,653,572→ 0 total(indirect: See Footnote)
Disposition from Tender
Common Stock
2016-09-02$30.25/sh−616,647$18,653,572→ 0 total(indirect: See Footnote)
Disposition to Issuer
Stock Option (right to buy)
2016-09-02$16.25/sh−400,000$6,500,000→ 0 total
Exercise: $14.00Exp: 2023-07-18→ Common Stock (400,000 underlying)

Other

Transactions

Disposition from Tender
Common Stock
2016-09-02$30.25/sh−3,699,560$111,911,690→ 0 total(indirect: See Footnote)
Disposition from Tender
Common Stock
2016-09-02$30.25/sh−616,647$18,653,572→ 0 total(indirect: See Footnote)
Disposition from Tender
Common Stock
2016-09-02$30.25/sh−616,647$18,653,572→ 0 total(indirect: See Footnote)
Disposition to Issuer
Stock Option (right to buy)
2016-09-02$16.25/sh−400,000$6,500,000→ 0 total
Exercise: $14.00Exp: 2023-07-18→ Common Stock (400,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2016-09-02$16.25/sh−1,073,850$17,450,063→ 0 total
Exercise: $14.00Exp: 2023-07-18→ Common Stock (1,073,850 underlying)

Other

Transactions

Disposition to Issuer
Stock Option (right to buy)
2016-09-02$16.25/sh−1,073,850$17,450,063→ 0 total
Exercise: $14.00Exp: 2023-07-18→ Common Stock (1,073,850 underlying)
Disposition from Tender
Common Stock
2016-09-02$30.25/sh−616,647$18,653,572→ 0 total(indirect: See Footnote)
Disposition from Tender
Common Stock
2016-09-02$30.25/sh−616,647$18,653,572→ 0 total(indirect: See Footnote)
Disposition to Issuer
Stock Option (right to buy)
2016-09-02$16.25/sh−400,000$6,500,000→ 0 total
Exercise: $14.00Exp: 2023-07-18→ Common Stock (400,000 underlying)
Disposition from Tender
Common Stock
2016-09-02$30.25/sh−3,699,560$111,911,690→ 0 total(indirect: See Footnote)

Other

Transactions

Disposition from Tender
Common Stock
2016-09-02$30.25/sh−3,699,560$111,911,690→ 0 total(indirect: See Footnote)
Disposition from Tender
Common Stock
2016-09-02$30.25/sh−616,647$18,653,572→ 0 total(indirect: See Footnote)
Disposition from Tender
Common Stock
2016-09-02$30.25/sh−616,647$18,653,572→ 0 total(indirect: See Footnote)
Disposition to Issuer
Stock Option (right to buy)
2016-09-02$16.25/sh−400,000$6,500,000→ 0 total
Exercise: $14.00Exp: 2023-07-18→ Common Stock (400,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2016-09-02$16.25/sh−1,073,850$17,450,063→ 0 total
Exercise: $14.00Exp: 2023-07-18→ Common Stock (1,073,850 underlying)

Footnotes (4)

[F1]Directly by Chautauqua Management, LLC ("CML") and indirectly by David F. Palmer as the sole manager of CML. Mr. Palmer disclaims beneficial ownership of any of the reported securities except to the extent of his pecuniary interest therein.
[F2]Directly by Chautauqua IIA, LLC ("CIIA") and indirectly by Mr. Palmer as investment manager of CIIA. Mr. Palmer disclaims beneficial ownership of any of the reported securities except to the extent of his pecuniary interest therein.
[F3]Directly by Chautauqua IIB, LLC ("CIIB") and indirectly by Mr. Palmer's spouse, as investment manager of CIIB. Mr. Palmer disclaims beneficial ownership of any of the reported securities except to the extent of his pecuniary interest therein.
[F4]This option was canceled as of 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 Diamond Resorts International, Inc. (the "Company") (the "Effective Time"), and converted into the right to receive a lump-sum cash payment promptly after the Effective Time equal to the product of (i) the number of shares underlying such option and (ii) the excess, if any, of the $30.25 merger consideration payable in the merger for each share of the Company's common stock over the exercise price per share of such option, without interest and less any applicable withholding tax.

Documents

1 file

Diamond Resorts International, Inc.

CIK 0001566897

Entity typeoperating

IncorporatedDE