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*
SWIDARSKI THOMAS W

(Last) (First) (Middle)
C/O DIEBOLD, INCORPORATED
5995 MAYFAIR ROAD

(Street)
NORTH CANTON OH 44720

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DIEBOLD INC [ DBD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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 1,472 I 401(k)(1)
Common Stock 02/11/2009 A 22,800(2) A $24.79 74,577 D
Common Stock 02/11/2009 F 10,203(2) D $24.79 64,373 D
Common Stock 02/11/2009 G V 12,597 D $0 51,777(3) D
Common Stock 02/11/2009 G V 12,597 A $0 21,404 I By Wife
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
Non-qualified Stock Option $22.88 01/27/2001 01/26/2010 Common Stock 1,500 1,500 D
Non-qualified Stock Option $28.69 02/07/2002 02/06/2011 Common Stock 8,000 8,000 D
Non-qualified Stock Option $36.59 02/06/2003 02/05/2012 Common Stock 15,000 15,000 D
Non-qualified Stock Option $36.31 02/05/2004 02/04/2013 Common Stock 20,000 20,000 D
Non-qualified Stock Option $53.1 02/11/2005 02/10/2014 Common Stock 25,000 25,000 D
Non-qualified Stock Option $55.23 02/10/2006 02/09/2015 Common Stock 22,900 22,900 D
Non-qualified Stock Option $37.87 (4) 12/11/2012 Common Stock 150,000 150,000 D
Non-qualified Stock Option $25.53 02/13/2009 02/12/2018 Common Stock 120,000 120,000 D
Non-qualified Stock Option(5) $24.79 02/11/2009 A 150,000 02/11/2010 02/10/2019 Common Stock 150,000 $24.79 150,000 D
Explanation of Responses:
1. Number of 401(k) shares owned as of most current statement; fractional shares omitted.
2. Reflects delivery of performance shares earned for performance period 2006-2008 under the 1991 Equity and Performance Incentive Plan, as amended, and withholding of shares pursuant to tax withholding right.
3. Number includes restricted stock units
4. 75,000 of these options became exercisable when the stock traded at $50/share or higher for 20 consecutive trading days in July 2007, and the second 75,000 will become exercisable when the stock trades at $60/share or higher for 20 consecutive trading days. All remaining options will become exercisable on the sixth anniversary date of the award.
5. Granted under the 1991 Equity and Performance Incentive Plan; option is generally exercisable in annual increments of 25% beginning one year from date of grant.
Remarks:
Chad F. Hesse, Att'y.-in-fact for Thomas W. Swidarski 02/13/2009
** 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 Number.