Form 4 for ARES Ares Management
Accepted 2024-07-23 00:00:00 ET · period of report 2024-07-22 · accession 0001628280-24-032665 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-07-23 | 2024-07-22 | ARES | deVeer R. Kipp | Head of Credit Group, Dir | S - Sale | $150.21 | -41.7K | 1.07M | -4% | -$6.26M |
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 | 2024-07-22 | S | D | 41,676 | $150.21 | 1,075,000 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold on July 22, 2024 in multiple transactions at prices ranging from $150.00 to $150.54. 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. (F3) Represents 1,075,000 restricted units granted under 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. |