Bruce H. Spector - Mar 17, 2022 Form 4 Insider Report for Ares Dynamic Credit Allocation Fund, Inc. (ARDC)

Role: Director
Signature: /s/ Bruce H. Spector
Stock symbol: ARDC
Transactions as of: Mar 17, 2022
Transactions value $: $141,800
Form type: 4
Date filed: 3/18/2022, 05:02 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARDC	Common Stock	Purchase	$142K	+10K	+40%	$14.18	35K	Mar 17, 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.16 to $14.20, inclusive. The Reporting Person undertakes to provide to Ares Dynamic Credit Allocation Fund, Inc., any security holder of Ares Dynamic Credit Allocation Fund, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.16 to $14.20, inclusive. The Reporting Person undertakes to provide to Ares Dynamic Credit Allocation Fund, Inc., any security holder of Ares Dynamic Credit Allocation Fund, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.