Ryan Berry - 31 Jan 2023 Form 4 Insider Report for Ares Management Corp (ARES)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Feb 2023, 20:51:29 UTC
Prior SEC filing
24 Jan 2023
Next SEC filing
10 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Anton Feingold, by power of attorney

Key filing fact

Ryan Berry filed Form 4 for Ares Management Corp (ARES) on 02 Feb 2023.

Key facts

  • This page summarizes Ryan Berry's Form 4 filing for Ares Management Corp (ARES).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 02 Feb 2023, 20:51.

Change

  • Previous filing in this sequence was filed on 24 Jan 2023.
  • Current net transaction value: -$436,693.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ARES transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+50,000
Change %
+15%
Price
$0.000000
Shares after
382,353
Date
31 Jan 2023
Ownership
Direct
Footnotes
F1, F2
ARES transaction

Class A Common Stock

Tax liability

Transaction value
$436,693
Shares
-5,262
Change %
-1.4%
Price
$82.99
Shares after
377,091
Date
31 Jan 2023
Ownership
Direct
Footnotes
F3, F4
ARES holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,700
Date
31 Jan 2023
Ownership
By Retirement Savings Plan
ARES holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
7,387
Date
31 Jan 2023
Ownership
By Spouse's SEP IRA
ARES holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
408,992
Date
31 Jan 2023
Ownership
By Reporting Person and Spouse as joint tenants with right of survivorship
ARES holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,003
Date
31 Jan 2023
Ownership
By IRA
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote F2

Includes 378,432 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.

Footnote 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.

Footnote F4

Includes 365,932 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.

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