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4//SEC Filing

Diamond Resorts International, Inc. 4

Accession 0000899243-16-028444

CIK 0001566897operating

Filed

Sep 1, 8:00 PM ET

Accepted

Sep 2, 1:13 PM ET

Size

15.6 KB

Accession

0000899243-16-028444

Insider Transaction Report

Form 4
Period: 2016-09-02
Lanznar Howard S
EVP and CAOOther
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2016-09-02$11.65/sh500,000$5,825,0000 total
    Exercise: $18.60Exp: 2024-02-27Common Stock (500,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2016-09-02$16.25/sh543,630$8,833,9880 total
    Exercise: $14.00Exp: 2023-07-18Common Stock (543,630 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2016-09-02100,0000 total
    Exercise: $32.69Exp: 2025-05-19Common Stock (100,000 underlying)
  • Gift

    Common Stock

    2016-08-0150,00067,231 total
  • Disposition from Tender

    Common Stock

    2016-09-02$30.25/sh67,231$2,033,7380 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2016-09-02$16.25/sh200,000$3,250,0000 total
    Exercise: $14.00Exp: 2023-07-18Common Stock (200,000 underlying)
Footnotes (1)
  • [F1]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.

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, 1:13 PM ET
Size
15.6 KB