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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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 WEST CHARLESTON BOULEVARD (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) 03/10/2015
	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	03/10/2015		S		235,000	D	(1)	1,196,537	I	See footnote(2)
Common Stock								287,686	I	See footnote(3)
Common Stock								102,765	I	See footnote(4)
Common Stock								28,129	I	See footnote(5)

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 WEST CHARLESTON BOULEVARD (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* Best Amigos Partners, LLC (Last) (First) (Middle) 10600 WEST CHARLESTON BOULEVARD (Street) LAS VEGAS NV (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* Diamond Oursurance, LLC (Last) (First) (Middle) 10600 WEST CHARLESTON BOULEVARD (Street) LAS VEGAS NV (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 WEST CHARLESTON BOULEVARD (Street) LAS VEGAS NV (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. The shares of common stock were sold in an underwritten public offering in which selling stockholders sold an aggregate of 6,700,000 shares of common stock to the underwriter at a price per share of $32.99, of which 5,184,418 shares were sold to the public at a price of $33.75 per share and 1,515,582 shares were repurchased by the Issuer at the price per share at which the underwriter purchased shares from the selling stockholders.

2. Directly by Best Amigos Partners, LLC ("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.

3. Directly by Diamond Oursurance, LLC ("Oursurance") and indirectly by Mr. 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 Mr. 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.

Remarks:

	/s/ Jared T. Finkelstein, attorney-in-fact for Lowell D. Kraff	03/10/2015
	/s/ Jared T. Finkelstein, attorney-in-fact for Best Amigos Partners, LLC	03/10/2015
	/s/ Jared T. Finkelstein, attorney-in-fact for Diamond Oursurance, LLC	03/10/2015
	/s/ Jared T. Finkelstein, attorney-in-fact for LDK Holdco, LLC	03/10/2015
	** Signature of Reporting Person	Date
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