Filing Details
- Accession Number:
- 0001628280-20-012459
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-08-11 20:50:01
- Reporting Period:
- 2020-08-07
- Accepted Time:
- 2020-08-11 20:50:01
- 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 |
|---|---|---|---|---|---|---|---|
| 1779014 | Naseem Aghili Sagati | 2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067 | General Counsel | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2020-08-07 | 26,420 | $19.00 | 188,042 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2020-08-07 | 17,968 | $40.81 | 170,074 | No | 4 | F | Direct | |
| Class A Common Stock | Disposition | 2020-08-10 | 8,452 | $42.16 | 161,622 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Options (Right to Buy) | Disposition | 2020-08-07 | 26,420 | $0.00 | 26,420 | $19.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 79,262 | 2024-05-01 | No | 4 | M | Direct |
Footnotes
- Includes 137,428 restricted units granted under the Ares Management Corporation Second Amended and Restated 2014 Equity Incentive Plan. 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.
- The price reported in Column 4 is a weighted average price. These shares were sold on August 10, 2020 in multiple transactions at prices ranging from $42.02 to $42.35. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The options are fully vested as of May 1, 2019.
Billionaire Hedge Funds
