Tae Sik Yoon - Dec 9, 2021 Form 4 Insider Report for Ares Commercial Real Estate Corp (ACRE)

Role
Chief Financial Officer
Signature
/s/ Anton Feingold, by power of attorney
Stock symbol
ACRE
Transactions as of
Dec 9, 2021
Transactions value $
$0
Form type
4
Date filed
12/13/2021, 07:23 PM
Next filing
Dec 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACRE Common Stock Award $0 +30K +27.46% $0.00 139K Dec 9, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted under the Ares Commercial Real Estate Corporation Second Amended and Restated 2012 Equity Incentive Plan (the "Equity Incentive Plan"). Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting. The restrictions on such restricted stock units are scheduled to lapse in three equal installments on January 1, 2023, 2024 and 2025.
F2 Reported amount includes 60,243 restricted stock units granted under the Equity Incentive Plan. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting. The restricted stock units vest in installments in accordance with the applicable restricted stock unit award agreement.