Form 4 for ARES Ares Management
Accepted 2022-08-04 00:00:00 ET · period of report 2022-08-02 · accession 0001628280-22-021195 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-08-04 | 2022-08-02 | ARES | Sagati Aghili Naseem | GC | F - Tax | $72.64 | -12.6K | 225.5K | -5% | -$911.9K |
| D | 2022-08-04 | 2022-08-03 | ARES | Sagati Aghili Naseem | GC | S - Sale+OE | $73.18 | -7,446 | 218.1K | -3% | -$544.9K |
| D | 2022-08-04 | 2022-08-02 | ARES | Sagati Aghili Naseem | GC | M - OptEx | $19.00 | +20.0K | 238.1K | +9% | +$380.0K |
| D | 2022-08-04 | 2022-08-02 | ARES | Sagati Aghili Naseem | GC | M - OptEx | $0.00 | -20.0K | 59.3K | -25% | $0 |
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 | 2022-08-02 | F | D | 12,554 | $72.64 | 225,528 | D | — | — | (F1) Includes 132,691 restricted units granted under the Ares Management Corporation Third Amended and Restated 2014 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. |
| 2 | Common | Class A Common Stock | 2022-08-03 | S | D | 7,446 | $73.18 | 218,082 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold on August 3, 2022 in multiple transactions at prices ranging from $72.95 to $73.68. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F1) Includes 132,691 restricted units granted under the Ares Management Corporation Third Amended and Restated 2014 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. |
| 3 | Common | Class A Common Stock | 2022-08-02 | M | A | 20,000 | $19.00 | 238,082 | D | — | — | (F1) Includes 132,691 restricted units granted under the Ares Management Corporation Third Amended and Restated 2014 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. |
| 4 | Derivative | Options (Right to Buy) | 2022-08-02 | M | D | 20,000 | $0.00 | 59,262 | D | $19.00 · — to 2024-05-01 | 20,000 Class A Common Stock | (F3) The options are fully vested as of May 1, 2019. |