Ryan Berry - Nov 1, 2024 Form 4 Insider Report for Ares Management Corp (ARES)

Role: Chief Mktg. & Strategy Officer
Signature: /s/ Anton Feingold, by power of attorney
Stock symbol: ARES
Transactions as of: Nov 1, 2024
Transactions value $: -$5,016,028
Form type: 4
Date filed: 11/5/2024, 07:47 PM
Previous filing: Oct 21, 2024
Next filing: Nov 8, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARES	Class A Common Stock	Tax liability	-$5.02M	-31K	-10.19%	$161.87	273K	Nov 1, 2024	Direct	F1, F2
holding	ARES	Class A Common Stock						2.7K	Nov 1, 2024	By Retirement Savings Plan
holding	ARES	Class A Common Stock						7.39K	Nov 1, 2024	By Spouse's SEP IRA
holding	ARES	Class A Common Stock						293K	Nov 1, 2024	By Reporting Person and Spouse as joint tenants with right of survivorship
holding	ARES	Class A Common Stock						5K	Nov 1, 2024	By IRA

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

Explanation of Responses:

Id	Content
F1	Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock under an equity plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting.
F2	Includes 201,702 restricted units granted under an equity incentive plan of Ares Management Corporation. 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.

Content

Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock under an equity plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting.

Includes 201,702 restricted units granted under an equity incentive plan of Ares Management Corporation. 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.