Ryan Berry - 23 May 2023 Form 4 Insider Report for Ares Management Corp (ARES)

Role
Chief Mktg. & Strategy Officer
Signature
/s/ Naseem Sagati Aghili, by power of attorney
Issuer symbol
ARES
Transactions as of
23 May 2023
Net transactions value
-$428,150
Form type
4
Filing time
25 May 2023, 21:41:57 UTC
Previous filing
18 May 2023
Next filing
31 May 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 Sale $428,150 -5,000 -1.3% $85.63 365,932 23 May 2023 Direct F1
holding ARES Class A Common Stock 2,700 23 May 2023 By Retirement Savings Plan
holding ARES Class A Common Stock 7,387 23 May 2023 By Spouse's SEP IRA
holding ARES Class A Common Stock 563,880 23 May 2023 By Reporting Person and Spouse as joint tenants with right of survivorship
holding ARES Class A Common Stock 5,003 23 May 2023 By IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 365,932 restricted units granted under the 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.