Tae Sik Yoon - Dec 13, 2024 Form 4 Insider Report for Ares Commercial Real Estate Corp (ACRE)

Signature
/s/ Anton Feingold, by power of attorney
Stock symbol
ACRE
Transactions as of
Dec 13, 2024
Transactions value $
$0
Form type
4
Date filed
12/13/2024, 05:11 PM
Previous filing
Dec 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACRE Common Stock Award $0 +32.5K +14.82% $0.00 252K Dec 13, 2024 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, 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
F2 Reported amount includes 109,166 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.