| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARES | Class A Common Stock | Options Exercise | $380,000 | +20,000 | +9.2% | $19.00 | 238,082 | 02 Aug 2022 | Direct | F1 |
| transaction | ARES | Class A Common Stock | Tax liability | $911,923 | -12,554 | -5.3% | $72.64 | 225,528 | 02 Aug 2022 | Direct | F1 |
| transaction | ARES | Class A Common Stock | Sale | $544,898 | -7,446 | -3.3% | $73.18 | 218,082 | 03 Aug 2022 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARES | Options (Right to Buy) | Options Exercise | $0 | -20,000 | -25% | $0.000000 | 59,262 | 02 Aug 2022 | Class A Common Stock | 20,000 | $19.00 | Direct | F3 |
| Id | Content |
|---|---|
| F1 | Includes 132,691 restricted units granted under the Ares Management Corporation Third Amended and Restated 2014 Equity Incentive Plan. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold on August 3, 2022 in multiple transactions at prices ranging from $72.95 to $73.68. 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. |
| F3 | The options are fully vested as of May 1, 2019. |