Form 4 for ARDC Ares Dynamic Credit Allocation Fund, Inc.

Accepted 2023-08-18 00:00:00 ET · period of report 2023-08-16 · accession 0001104659-23-093556 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
MI	2023-08-18	2023-08-16+	ARDC	Shaw John Joseph	Dir	S - Sale	$12.82	-30.0K	30.0K	-50%	-$384.5K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-08-16	S	D	9,286	$12.85	50,715.73	I By the John Shaw Living Trust	—	—	(F1) Includes shares acquired under the Dividend Reinvestment Plan of Ares Dynamic Credit Allocation Fund, Inc. (F2) The shares are held by the John Shaw Living Trust, of which the reporting person is a beneficiary.
2	Common	Common Stock	2023-08-17	S	D	20,715.73	$12.80	30,000	I By the John Shaw Living Trust	—	—	(F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.7799 to $12.85, inclusive. The Reporting Person undertakes to provide to Ares Dynamic Credit Allocation Fund, Inc., any security holder of Ares Dynamic Credit Allocation Fund, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (3) to this Form 4. (F1) Includes shares acquired under the Dividend Reinvestment Plan of Ares Dynamic Credit Allocation Fund, Inc. (F2) The shares are held by the John Shaw Living Trust, of which the reporting person is a beneficiary.