Ryan Berry - Jun 1, 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
Jun 1, 2023
Transactions value $
-$1,773,300
Form type
4
Date filed
6/5/2023, 07:47 PM
Previous filing
May 31, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARES Class A Common Stock Sale -$882K -10K -1.98% $88.22 495K Jun 1, 2023 Direct F1, F2
transaction ARES Class A Common Stock Sale -$891K -10K -2.02% $89.11 485K Jun 2, 2023 Direct F2, F3
holding ARES Class A Common Stock 2.7K Jun 1, 2023 By Retirement Savings Plan
holding ARES Class A Common Stock 7.39K Jun 1, 2023 By Spouse's SEP IRA
holding ARES Class A Common Stock 420K Jun 1, 2023 By Reporting Person and Spouse as joint tenants with right of survivorship
holding ARES Class A Common Stock 5K Jun 1, 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 June 1, 2023 in multiple transactions at prices ranging from $88.20 to $88.36. 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 and footnote 3.
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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold on June 2, 2023 in multiple transactions at prices ranging from $89.00 to $89.28.