Rand Scott April - 21 Apr 2023 Form 4 Insider Report for Ares Commercial Real Estate Corp (ACRE)

Role
Director
Signature
/s/ Anton Feingold, by power of attorney
Issuer symbol
ACRE
Transactions as of
21 Apr 2023
Net transactions value
$0
Form type
4
Filing time
21 Apr 2023, 21:18:16 UTC
Previous filing
27 Apr 2022
Next filing
06 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACRE Common Stock Award $0 +10,711 +1038% $0.000000 11,743 21 Apr 2023 Direct F1
holding ACRE Common Stock 48,967 21 Apr 2023 By April Family 2013 Living Trust F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2023.
F2 Includes 8,739 shares previously owned directly on the reporting person's prior Form 4.
F3 The common stock is held by the April Family 2013 Living Trust, of which the reporting person is a trustee.