John J. Shaw - 16 Aug 2023 Form 4 Insider Report for Ares Dynamic Credit Allocation Fund, Inc. (ARDC)

Role
Director
Signature
/s/ John J. Shaw
Issuer symbol
ARDC
Transactions as of
16 Aug 2023
Net transactions value
-$384,507
Form type
4
Filing time
18 Aug 2023, 17:16:14 UTC
Previous filing
27 Jan 2022
Next filing
28 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARDC Common Stock Sale $119,325 -9,286 -15% $12.85 50,716 16 Aug 2023 By the John Shaw Living Trust F1, F2
transaction ARDC Common Stock Sale $265,182 -20,716 -41% $12.80 30,000 17 Aug 2023 By the John Shaw Living Trust F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired under the Dividend Reinvestment Plan of Ares Dynamic Credit Allocation Fund, Inc.
F2 The shares are held by the John Shaw Living Trust, of which the reporting person is a beneficiary.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.7799 to $12.85, 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 (3) to this Form 4.