Form 4 for ARES Ares Management
Accepted 2023-08-24 00:00:00 ET · period of report 2023-08-22 · accession 0001628280-23-030566 · 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 | 2023-08-24 | 2023-08-22 | ARES | deVeer R. Kipp | Head of Credit Group, Dir | F - Tax | $98.50 | -54.0K | 891.8K | -6% | -$5.32M |
| D | 2023-08-24 | 2023-08-22 | ARES | deVeer R. Kipp | Head of Credit Group, Dir | M - OptEx | $19.00 | +84.5K | 945.9K | +10% | +$1.61M |
| D | 2023-08-24 | 2023-08-22 | ARES | deVeer R. Kipp | Head of Credit Group, Dir | M - OptEx | $0.00 | -84.5K | 0 | -100% | $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 | 2023-08-22 | F | D | 54,044 | $98.50 | 891,813 | D | — | — | (F1) Includes 625,000 restricted units granted pursuant to an equity incentive plan of Ares Management Corporation. 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 | 2023-08-22 | M | A | 84,546 | $19.00 | 945,857 | D | — | — | (F1) Includes 625,000 restricted units granted pursuant to an equity incentive plan of Ares Management Corporation. 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 | Derivative | Options (Right to Buy) | 2023-08-22 | M | D | 84,546 | $0.00 | 0 | D | $19.00 · — to 2024-04-30 | 84,546 Class A Common Stock | (F2) The options are fully vested as of May 1, 2019. |