FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Kraff Lowell D
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)
(Last)          (First)          (Middle)

10600 W. CHARLESTON BLVD
3. Date of Earliest Transaction (MM/DD/YYYY)

10/29/2014
(Street)

LAS VEGAS, NV 89135
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)    490687   D $0.00   0   I   See Footnote   (2)
Common Stock   10/29/2014     J (3)    24380   A $0.00   1431537   I   See Footnote   (4)
Common Stock                  287686   I   See Footnote   (5)
Common Stock                  102765   I   See Footnote   (6)
Common Stock                  28129   I   See Footnote   (7)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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

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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Kraff Lowell D
10600 W. CHARLESTON BLVD
LAS VEGAS, NV 89135
X X

Diamond Oursurance, LLC
10600 W. CHARLESTON BLVD
LAS VEGAS, NV 89135



Member of 10% Group
Best Amigos Partners, LLC
10600 W. CHARLESTON BLVD
LAS VEGAS, NV 89135



Member of 10% Group
LDK Holdco, LLC
10600 W. CHARLESTON BLVD
LAS VEGAS, NV 89135



Member of 10% Group

Signatures
/s/ Jared T. Finkelstein, attorney in fact for Lowell D. Kraff 10/31/2014
** Signature of Reporting Person Date

Jared T. Finkelstein, as attorney in fact for Diamond Oursurance, LLC 10/31/2014
** Signature of Reporting Person Date

Jared T. Finkelstein, attorney in fact for Best Amigos Partners, LLC 10/31/2014
** Signature of Reporting Person Date

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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
DIAMOND RESORTS INTERNATIONAL, I (NYSE:DRII)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more DIAMOND RESORTS INTERNATIONAL, I Charts.
DIAMOND RESORTS INTERNATIONAL, I (NYSE:DRII)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more DIAMOND RESORTS INTERNATIONAL, I Charts.