Ryan Berry - 01 Nov 2022 Form 4 Insider Report for Ares Management Corp (ARES)

Role
Chief Mktg. & Strategy Officer
Signature
/s/ Anton Feingold, by power of attorney
Issuer symbol
ARES
Transactions as of
01 Nov 2022
Net transactions value
-$4,839,706
Form type
4
Filing time
03 Nov 2022, 21:01:26 UTC
Previous filing
02 Feb 2022
Next filing
24 Jan 2023
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 Tax liability $4,839,706 -61,976 -14% $78.09 392,544 01 Nov 2022 Direct F1, F2
holding ARES Class A Common Stock 2,700 01 Nov 2022 By Retirement Savings Plan
holding ARES Class A Common Stock 7,387 01 Nov 2022 By Spouse's SEP IRA
holding ARES Class A Common Stock 345,968 01 Nov 2022 By Reporting Person and Spouse as joint tenants with right of survivorship
holding ARES Class A Common Stock 5,003 01 Nov 2022 By IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 329,520 restricted units granted under the 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.

Remarks:

Exhibit 24 - Power of Attorney