Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARES | Class A Common Stock | Tax liability | -$6.77M | -83.3K | -6.31% | $81.27 | 1.24M | Jan 1, 2022 | Direct | F1, F2 |
holding | ARES | Class A Common Stock | 953K | Jan 1, 2022 | By Atticus Enterprises LLC | F3 | |||||
holding | ARES | Class A Common Stock | 150K | Jan 1, 2022 | By Ares Owners Holdings L.P. | F4 |
Id | Content |
---|---|
F1 | Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock under the Ares Management Corporation Third Amended and Restated 2014 Equity Incentive Plan (the "Equity Incentive Plan"). Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. |
F2 | Includes 466,666 restricted units granted under the Equity Incentive Plan. These restricted units vest in installments in accordance with the applicable restricted unit award agreement. |
F3 | Includes 952,650 shares of Class A Common Stock previously held by Ares Owners Holdings L.P. ("AOH") on behalf of the reporting person or a vehicle controlled by him, which were transferred to the reporting person or the vehicle. |
F4 | The reporting person or a vehicle controlled by him is a limited partner in AOH, the direct holder of the shares of Class A Common Stock. The shares of Class A Common Stock indirectly held by the reporting person or the vehicle are the number of shares of Class A Common Stock that he or the vehicle has a right to receive as a limited partner in AOH. |