FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL

Washington, D.C. 20549

OMB Number: 3235-0287
Check this box if no
December 31,
longer subject to Section STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Expires:
2014
16. Form 4 or Form 5
Estimated average burden
obligations may continue. Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the hours per
See Instruction 1(b). 0.5
response
Investment Company Act of 1940

1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to
Kraff Lowell D Diamond Resorts International, Inc. [DRII] Issuer
(Check all applicable)
3. Date of Earliest Transaction (Month/Day/Year)
X Director X 10% Owner
(Last) (First) (Middle) 03/20/2015
Officer (give Other (specify
10600 W. CHARLESTON BLVD title below) below)

4. If Amendment, Date of Original Filed 6. Individual or Joint/Group Filing (Check

(Street) (Month/Day/Year) Applicable Line)
LAS VEGAS NV 89135 Form filed by One Reporting Person
Form filed by More than One Reporting
X
(City) (State) (Zip) Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of 2. Transaction 2A. Deemed 3. 4. Securities 5. Amount of 6. 7. Nature
Security Date Execution Date, Transaction Acquired (A) or Securities Ownership of Indirect
(Instr. 3) (Month/Day/Year) if any Code Disposed of (D) Beneficially Form: Beneficial
(Month/Day/Year) (Instr. 8) (Instr. 3, 4 and 5)
Owned Direct (D) Ownership
Following or Indirect (Instr. 4)
Reported (I)
(A) Transaction(s) (Instr. 4)
or (Instr. 3 and
Code V Amount (D) Price 4)

Common See
03/20/2015 S 28,260 D (1) 1,168,277 I Footnote
Stock (2)

Common See
287,686 I Footnote
Stock (3)

Common See
102,765 I Footnote
Stock (4)

Common See
28,129 I Footnote
Stock (5)
 Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. 3. Transaction 3A. Deemed 4. 5. 6. Date Exercisable 7. Title and 8. Price 9. Number of 10. 11. Nature
Derivative Conversion Date Execution Date, Transaction Number and Expiration Date Amount of of Derivative Ownership of Indirect
Security or Exercise (Month/Day/Year) if any Code of (Month/Day/Year) Underlying Derivative Securities Form of Beneficial
(Instr. 3) Price of (Month/Day/Year) (Instr. 8) Derivative Securities Security Beneficially Derivative Ownership
Derivative Securities (Instr. 3 and (Instr. 5) Owned Security: (Instr. 4)
Security Acquired 4) Following Direct (D)
(A) or Reported or Indirect
Disposed Transaction(s) (I)
of (D) (Instr. 4) (Instr. 4)
(Instr. 3,
4, and 5)

Amount
or
Number
Date Expiration of
Code V (A) (D) Exercisable Date Title 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)

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)

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)

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)

Explanation of Responses:
1. The shares of common stock were sold pursuant to the underwriter's exercise of its option to purchase additional shares of common stock
from selling stockholders, at a price per share of $32.99, to cover over-allotments in an underwritten public offering. The shares were sold to the
public in the offering at a price of $33.75 per share.
2. Directly by Best Amigos Partners, LLC ("BAP") and indirectly by Lowell D. 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.
3. 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.
4. 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.
5. 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.
/s/ Jared T. Finkelstein,
attorney in fact for Lowell D. 03/24/2015
Kraff
Jared T. Finkelstein, as
attorney in fact for Diamond 03/24/2015
Oursurance, LLC
Jared T. Finkelstein,
attorney in fact for Best 03/24/2015
Amigos Partners, LLC
Jared T. Finkelstein,
attorney in fact for LDK 03/24/2015
Holdco, LLC
** Signature of Reporting
Date
Person
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 Number.