John S. Hagestad - Aug 1, 2024 Form 4 Insider Report for ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc. (NONE)

Role: Director
Signature: /s/ Joshua J. Widoff, Attorney-in-Fact
Stock symbol: NONE
Transactions as of: Aug 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 8/5/2024, 08:06 PM
Previous filing: Aug 11, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NONE	Common Stock	Award	$0	+7.14K	+15.62%	$0.00	52.9K	Aug 1, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted shares of common stock pursuant to the Issuer's Third Amended and Restated Equity Incentive Plan that will vest upon the earlier to occur of (i) one year after the date of grant, (ii) the day immediately before the first annual meeting of stockholders of the Issuer at which members of the Issuer's board of directors are to be elected that occurs after the date of grant, (iii) the date of termination of service due to death or permanent and total disability or (iv) immediately before and contingent upon a change of control.
F2	Includes 6,473.687 of shares issued pursuant to our distribution reinvestment plan.

Content

Represents a grant of restricted shares of common stock pursuant to the Issuer's Third Amended and Restated Equity Incentive Plan that will vest upon the earlier to occur of (i) one year after the date of grant, (ii) the day immediately before the first annual meeting of stockholders of the Issuer at which members of the Issuer's board of directors are to be elected that occurs after the date of grant, (iii) the date of termination of service due to death or permanent and total disability or (iv) immediately before and contingent upon a change of control.

Includes 6,473.687 of shares issued pursuant to our distribution reinvestment plan.