William Browning - 02 May 2024 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
02 May 2024
Net transactions value
$0
Form type
4
Filing time
06 May 2024, 17:38:09 UTC
Previous filing
12 Mar 2024
Next filing
25 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACRE Common Stock Award $0 +13,842 $0.000000 13,842 02 May 2024 Direct F1
holding ACRE Common Stock 46,074 02 May 2024 By The Browning Family 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, 2024.
F2 Includes 11,743 shares previously owned directly on the reporting person's prior Form 4.
F3 The common stock is held by The Browning Family Trust, of which the reporting person is a trustee.