Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Stephenson Bradley J
 2. Date of Event Requiring Statement (Month/Day/Year)
04/23/2009		 3. Issuer Name and Ticker or Trading Symbol
DIEBOLD INC [DBD]
(Last)
(First)
(Middle)
C/O DIEBOLD, INCORPORATED, 5995 MAYFAIR ROAD		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP, Security Division
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NORTH CANTON, OH 44720		 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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 3,996
I
401(k) (1)
Common Stock 3,524 (2)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified Stock Option 01/27/2001 01/26/2010 Common Stock 1,000 $ 22.88 D  
Non-qualified Stock Option 02/07/2002 02/06/2011 Common Stock 1,000 $ 28.69 D  
Non-qualified Stock Option 02/06/2003 02/05/2012 Common Stock 1,500 $ 36.59 D  
Non-qualified Stock Option 02/05/2004 02/04/2013 Common Stock 1,500 $ 36.31 D  
Non-qualified Stock Option 02/11/2005 02/10/2014 Common Stock 900 $ 53.1 D  
Non-qualified Stock Option 02/10/2006 02/09/2015 Common Stock 1,400 $ 55.23 D  
Non-qualified Stock Option 02/20/2007 02/19/2016 Common Stock 2,500 $ 39.43 D  
Non-qualified Stock Option 02/14/2008 02/13/2017 Common Stock 3,500 $ 47.27 D  
Non-qualified Stock Option 02/13/2009 02/12/2018 Common Stock 3,500 $ 25.53 D  
Non-qualified Stock Option 02/11/2010 02/10/2019 Common Stock 5,000 $ 24.79 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Stephenson Bradley J
C/O DIEBOLD, INCORPORATED
5995 MAYFAIR ROAD
NORTH CANTON, OH 44720		       VP, Security Division  

Signatures

Chad F. Hesse, Att'y.in-fact for Bradley J. Stephenson 05/01/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) Number of 401(k) shares owned as of most current statement; fractional shares omitted.
(2) Number includes restricted stock units

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