Michael J. Arougheti - 03 Feb 2022 Form 4 Insider Report for Ares Management Corp (ARES)

Role
Co-Founder, CEO and President, Director
Signature
/s/ Naseem Sagati Aghili, by power of attorney
Issuer symbol
ARES
Transactions as of
03 Feb 2022
Transactions value $
-$360,278
Form type
4
Filing time
04 Feb 2022, 19:50:16 UTC
Previous filing
02 Feb 2022
Next filing
11 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARES Class A Common Stock Sale -$88K -1.1K -0.11% $80.02 1M 03 Feb 2022 Direct F1, F2, F3
transaction ARES Class A Common Stock Sale -$8K -100 -0.01% $80.00 1M 04 Feb 2022 Direct F1, F3
transaction ARES Class A Common Stock Sale -$256K -3.2K -0.37% $80.03 851K 03 Feb 2022 By Atticus Enterprises LLC F1, F4
transaction ARES Class A Common Stock Sale -$8K -100 -0.01% $80.00 851K 04 Feb 2022 By Atticus Enterprises LLC F1
holding ARES Class A Common Stock 150K 03 Feb 2022 By Ares Owners Holdings L.P. F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a 10b5-1 trading plan previously adopted by the reporting person or a vehicle controlled by him.
F2 The price reported in Column 4 is a weighted average price. These shares were sold on February 3, 2022 in multiple transactions at prices ranging from $80.00 to $80.07. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote and footnote 4.
F3 Includes 766,666 restricted units granted under the Ares Management Corporation Third Amended and Restated 2014 Equity Incentive Plan. These restricted units vest in installments in accordance with the applicable restricted unit award agreement.
F4 The price reported in Column 4 is a weighted average price. These shares were sold on February 3, 2022 in multiple transactions at prices ranging from $80.00 to $80.13.
F5 The reporting person or a vehicle controlled by him is a limited partner in Ares Owners Holdings L.P. ("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.