Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARES | Class A Common Stock | Award | $0 | +300K | +33.05% | $0.00 | 1.21M | Jan 31, 2023 | Direct | F1, F2 |
transaction | ARES | Class A Common Stock | Tax liability | -$3.18M | -38.3K | -3.17% | $82.99 | 1.17M | Jan 31, 2023 | Direct | F3, F4 |
holding | ARES | Class A Common Stock | 461K | Jan 31, 2023 | By Atticus Enterprises LLC | ||||||
holding | ARES | Class A Common Stock | 150K | Jan 31, 2023 | By Ares Owners Holdings L.P. | F5 |
Id | Content |
---|---|
F1 | Granted 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. The restrictions on such units are scheduled to lapse in four equal installments on January 31, 2025, 2026, 2027 and 2028. |
F2 | Includes 900,000 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. |
F3 | 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 Equity Incentive Plan. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. |
F4 | Includes 825,000 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. |
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. |