Sec Form 4 Filing - Rutt Sheila M @ DIEBOLD INC - 2014-08-26

Insider filing report for Changes in Beneficial Ownership
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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
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 Investment Company Act of 1940
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1. Name and Address of Reporting Person
Rutt Sheila M
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)
VP, Chief HR Officer
(Last) (First) (Middle)
C/O DIEBOLD, INCORPORATED, 5995 MAYFAIR ROAD
3. Date of Earliest Transaction (MM/DD/YY)
08/26/2014
(Street)
NORTH CANTON, OH44720
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 11,683 I Revocable Trust ( 1 )
Common Stock 510 I 401(k) ( 2 )
Common Stock 08/26/2014 M 3,000 A $ 24.79 31,898 ( 3 ) D
Common Stock 08/26/2014 M 6,000 A $ 27.88 37,898 ( 3 ) D
Common Stock 08/26/2014 M 4,188 A $ 29.87 42,086 ( 3 ) D
Common Stock 08/26/2014 S 13,188 D $ 38 28,898 ( 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Non-Qualified Stock Option $ 55.23 02/10/2006 02/09/2015 Common Stock 6,000 6,000 D
Non-Qualified Stock Option $ 39.43 02/20/2007 02/19/2016 Common Stock 8,000 8,000 D
Non-Qualified Stock Option $ 47.27 02/14/2008 02/13/2017 Common Stock 7,500 7,500 D
Non-Qualified Stock Option $ 24.79 08/26/2014 M 3,000 02/11/2010 02/10/2019 Common Stock 3,000 $ 24.79 0 D
Non-Qualified Stock Option $ 27.88 08/26/2014 M 6,000 02/11/2011 02/10/2020 Common Stock 6,000 $ 27.88 0 D
Non-Qualified Stock Option $ 32.67 02/10/2012 02/09/2021 Common Stock 12,000 12,000 D
Non-Qualified Stock Option $ 34.89 02/08/2013 02/07/2022 Common Stock 16,500 16,500 D
Non-Qualified Stock Option $ 29.87 08/26/2014 M 4,188 02/06/2014 02/05/2023 Common Stock 4,188 $ 29.87 8,505 D
Non-Qualified Stock Option $ 34.13 02/12/2015 02/12/2024 Common Stock 15,376 15,376 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Rutt Sheila M
C/O DIEBOLD, INCORPORATED
5995 MAYFAIR ROAD
NORTH CANTON, OH44720
VP, Chief HR Officer
Signatures
Chad F. Hesse, Att'y.-in-fact for Sheila M. Rutt 08/28/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Number of shares held by filer in a revocable trust over which filer has control.
( 2 )Number of 401(k) shares owned as of most current statement; fractional shares omitted.
( 3 )Number includes restricted stock units.

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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