George S Mayes JR Form 4 DIEBOLD / George S Mayes JR ownership change

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^*

Mayes George S JR

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP & Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2015

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								5,461	I	401(k)(1)
Common Shares	03/16/2015		A		10,000(2)	A	$33.85	77,863(3)	D

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(4)	$39.43							02/20/2007	02/20/2016	Common Stock	8,000		8,000	D
Non-Qualified Stock Option(4)	$47.27							02/14/2008	02/14/2017	Common Stock	9,500		9,500	D
Non-Qualified Stock Option(4)	$24.79							02/11/2010	02/11/2019	Common Stock	3,750		3,750	D
Non-Qualified Stock Option(4)	$27.88							02/11/2011	02/11/2020	Common Stock	7,500		7,500	D
Non-Qualified Stock Option(4)	$32.67							02/10/2012	02/10/2021	Common Stock	20,000		20,000	D
Non-Qualified Stock Option(4)	$34.89							02/08/2013	02/08/2022	Common Stock	25,000		25,000	D
Non-Qualified Stock Option(5)	$29.87							02/06/2014	02/05/2023	Common Stock	44,379		44,379	D
Non-Qualified Stock Option(5)	$34.13							02/12/2015	02/12/2024	Common Stock	62,405		62,405	D
Non-Qualified Stock Option(5)	$32.33							02/05/2016	02/05/2025	Common Shares	73,553		73,553	D

Explanation of Responses:

1. Number of 401(k) shares owned as of most current statement; fractional shares omitted.

2. Award of restricted stock units; each restricted stock unit represents a contingent right to receive one share of Diebold Incorporated common stock.

3. Number includes restricted stock units.

4. 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.

5. Granted under the 1991 Equity and Performance Incentive Plan; option is generally exercisable in annual increments of 1/3, 1/3, 1/3 beginning one year from the date of grant.

Remarks:

	Chad F. Hesse, Attorney-in-fact for George S. Mayes, Jr.	03/17/2015
	** 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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