Form 4 for ARES Ares Management
Accepted 2023-02-02 00:00:00 ET · period of report 2023-01-31 · accession 0001628280-23-002133 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-02-02 | 2023-01-31 | ARES | Phillips Jarrod | CFO | F - Tax | $82.99 | -4,782 | 121.4K | -4% | -$396.9K | |
| M | 2023-02-02 | 2023-01-31 | ARES | Phillips Jarrod | CFO | A - Grant | $0.00 | +30.0K | 106.2K | +39% | $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 | 2023-01-31 | F | D | 4,782 | $82.99 | 121,445 | D | — | — | (F5) 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. (F6) Includes 84,914 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. |
| 2 | Common | Class A Common Stock | 2023-01-31 | A | A | 20,000 | $0.00 | 126,227 | D | — | — | (F3) Granted under 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, 2025, 2026, 2027 and 2028. (F4) Includes 97,414 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. |
| 3 | Common | Class A Common Stock | 2023-01-31 | A | A | 10,000 | $0.00 | 106,227 | 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, 2025, 2026, 2027 and 2028. (F2) Includes 77,414 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. |