Home > Insider Trading > Filing (0001104659-19-039971)

Filing Details

Accession Number:: 0001104659-19-039971
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-07-11 18:16:36
Reporting Period:: 2019-07-09

Accepted Time:: 2019-07-11 18:16:36
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1176948	Ares Management Corp	ARES	Investment Advice (6282)	954656677

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1304471	J Michael Arougheti	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	Co-Founder, Ceo & President	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Disposition	2019-07-09	107,101	$27.22	1,086,677	No	4	S	Direct
Class A Common Stock	Disposition	2019-07-10	79,019	$27.87	1,007,658	No	4	S	Direct
Class A Common Stock	Disposition	2019-07-11	88,592	$28.04	919,066	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	2,355,052	Indirect	By Ares Owners Holdings L.P.

Footnotes

This transaction was effected pursuant to a 10b5-1 trading plan previously adopted by the reporting person.
The price reported in Column 4 is a weighted average price. These shares were sold on July 9, 2019 in multiple transactions at prices ranging from $26.94 to $27.47, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Includes a grant of 666,666 restricted units granted on July 31, 2018 pursuant to the Ares Management Corporation 2014 Equity Incentive Plan, each of which represents the right to receive one share of Class A Common Stock upon vesting. The restricted units will vest in four equal installments on January 1, 2020, 2021, 2022 and 2023, generally subject to the reporting person's continued service through each vesting date. The amount additionally includes 1,000,000 shares of Class A Common Stock held by Ares Owners Holdings L.P. ("AOH") on behalf of the reporting person, which were transferred to the reporting person.
This transaction was effected pursuant to a 10b5-1 trading plan previously adopted by the reporting person.
The price reported in Column 4 is a weighted average price. These shares were sold on July 10, 2019 in multiple transactions at prices ranging from $27.38 to $28.03, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
This transaction was effected pursuant to a 10b5-1 trading plan previously adopted by the reporting person.
The price reported in Column 4 is a weighted average price. These shares were sold on July 11, 2019 in multiple transactions at prices ranging from $28.00 to $28.15, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reporting person or a vehicle controlled by him is a limited partner in AOH, the direct holder of the shares of Class A Common Stock. The shares of Class A Common Stock indirectly held by the reporting person or the vehicle are the number of shares of Class A Common Stock that he or the vehicle has a right to receive as a limited partner in AOH.