SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Kraff Lowell D

(Last) (First) (Middle)
10600 W. CHARLESTON BLVD

(Street)
LAS VEGAS NV 89135

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Diamond Resorts International, Inc. [ DRII ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/29/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/29/2014 J(1) 490,687 D $0.00 0 I See Footnote(2)
Common Stock 10/29/2014 J(3) 24,380 A $0.00 1,431,537 I See Footnote(4)
Common Stock 287,686 I See Footnote(5)
Common Stock 102,765 I See Footnote(6)
Common Stock 28,129 I See Footnote(7)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Kraff Lowell D

(Last) (First) (Middle)
10600 W. CHARLESTON BLVD

(Street)
LAS VEGAS NV 89135

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Diamond Oursurance, LLC

(Last) (First) (Middle)
10600 W. CHARLESTON BLVD

(Street)
LAS VEGAS NV 89135

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 10% Group
1. Name and Address of Reporting Person*
Best Amigos Partners, LLC

(Last) (First) (Middle)
10600 W. CHARLESTON BLVD

(Street)
LAS VEGAS NV 89135

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 10% Group
1. Name and Address of Reporting Person*
LDK Holdco, LLC

(Last) (First) (Middle)
10600 W. CHARLESTON BLVD

(Street)
LAS VEGAS NV 89135

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 10% Group
Explanation of Responses:
1. Distribution by Trivergance Diamond Sub, LLC ("TDS") to each of Best Amigos Partners, LLC ("BAP") and two other entities of shares of the Issuer's common stock that were previously held by TDS as nominee for such distributees (and as to which only such distributees have had any pecuniary interest).
2. By TDS. Lowell D. Kraff is the co-manager of an entity which is the sole manager of the sole member of TDS. Mr. Kraff disclaims beneficial ownership of any of the reported securities except to the extent of its or his pecuniary interest therein.
3. Distribution from TDS of shares of the Issuer's common stock that were previously held by TDS as nominee for BAP (and as to which only BAP has had any pecuniary interest).
4. Directly by BAP and indirectly by Mr. 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.
5. 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.
6. Directly by LDK Holdco, LLC ("LDK") and indirectly by Lowell D. Kraff as the sole member of LDK. Mr. Kraff disclaims beneficial ownership of any of the reported securities except to the extent of his pecuniary interest therein.
7. By Praesumo Partners, LLC ("Praesumo"). Mr. 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.
Remarks:
/s/ Jared T. Finkelstein, attorney in fact for Lowell D. Kraff 10/31/2014
Jared T. Finkelstein, as attorney in fact for Diamond Oursurance, LLC 10/31/2014
Jared T. Finkelstein, attorney in fact for Best Amigos Partners, LLC 10/31/2014
Jared T. Finkelstein, attorney in fact for LDK Holdco, LLC 10/31/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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