Ryan Berry - May 30, 2023 Form 4 Insider Report for Ares Management Corp (ARES)

Signature
/s/ Naseem Sagati Aghili, by power of attorney
Stock symbol
ARES
Transactions as of
May 30, 2023
Transactions value $
-$436,600
Form type
4
Date filed
5/31/2023, 08:56 PM
Previous filing
May 25, 2023
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARES Class A Common Stock Sale -$437K -5K -0.98% $87.32 505K May 30, 2023 Direct F1, F2
holding ARES Class A Common Stock 2.7K May 30, 2023 By Retirement Savings Plan
holding ARES Class A Common Stock 7.39K May 30, 2023 By Spouse's SEP IRA
holding ARES Class A Common Stock 420K May 30, 2023 By Reporting Person and Spouse as joint tenants with right of survivorship
holding ARES Class A Common Stock 5K May 30, 2023 By IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold on May 30, 2023 in multiple transactions at prices ranging from $87.29 to $87.34. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Includes 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.