William Stephen Benjamin - Feb 23, 2022 Form 4 Insider Report for Ares Commercial Real Estate Corp (ACRE)

Role: Director
Signature: /s/ Anton Feingold, by power of attorney
Stock symbol: ACRE
Transactions as of: Feb 23, 2022
Transactions value $: $252,920
Form type: 4
Date filed: 2/25/2022, 05:49 PM
Next filing: Feb 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACRE	Common Stock	Purchase	$253K	+18K	+96.8%	$14.05	36.6K	Feb 23, 2022	By William S. Benjamin 2017 No. 1 Trust	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 on February 23, 2022 in multiple transactions at prices ranging from $13.905 to $14.17, inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation (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 purchased at each separate price within the range set forth in this footnote.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased on February 23, 2022 in multiple transactions at prices ranging from $13.905 to $14.17, inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation (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 purchased at each separate price within the range set forth in this footnote.