Tae Sik Yoon - Dec 13, 2023 Form 4 Insider Report for Ares Commercial Real Estate Corp (ACRE)

Role: CFO and Treasurer
Signature: /s/ Anton Feingold, by power of attorney
Stock symbol: ACRE
Transactions as of: Dec 13, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/14/2023, 04:32 PM
Previous filing: Dec 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACRE	Common Stock	Award	$0	+40K	+22.31%	$0.00	219K	Dec 13, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Granted under Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan (the "Equity Incentive Plan"). Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting. The restricted stock units vest in three equal annual installments beginning on January 1, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
F2	Reported amount includes 108,333 restricted stock unit granted under the Equity Incentive Plan. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting. The restricted stock units vest in installments with the applicable restricted stock unit award agreement.

Content

Granted under Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan (the "Equity Incentive Plan"). Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting. The restricted stock units vest in three equal annual installments beginning on January 1, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

Reported amount includes 108,333 restricted stock unit granted under the Equity Incentive Plan. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting. The restricted stock units vest in installments with the applicable restricted stock unit award agreement.