Form 4 for ARES Ares Management
Accepted 2022-02-02 00:00:00 ET · period of report 2022-01-31 · accession 0001628280-22-001722 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-02-02 | 2022-01-31 | ARES | deVeer R. Kipp | Head of Credit Group, Dir | A - Grant | $0.00 | +200.0K | 942.9K | +27% | $0 | |
| 2022-02-02 | 2022-01-31 | ARES | deVeer R. Kipp | Head of Credit Group, Dir | F - Tax | $79.72 | -27.6K | 915.2K | -3% | -$2.20M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-01-31 | A | A | 200,000 | $0.00 | 942,865 | D | — | — | (F1) Granted under the Ares Management Corporation Third Amended and Restated 2014 Equity Incentive Plan (the "Equity Incentive Plan"). Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restrictions on such units are scheduled to lapse in four equal installments on January 31, 2024, 2025, 2026 and 2027. (F2) Includes 575,557 restricted units granted under the Equity Incentive Plan. These restricted units vest in installments in accordance with the applicable restricted unit award agreement. |
| 2 | Common | Class A Common Stock | 2022-01-31 | F | D | 27,650 | $79.72 | 915,215 | D | — | — | (F3) Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock under the Equity Incentive Plan. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. (F4) Includes 525,557 restricted units granted under the Equity Incentive Plan. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement. |