Filing Details

Accession Number:
0001628280-22-001721
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-02-02 21:27:39
Reporting Period:
2022-01-31
Accepted Time:
2022-02-02 21:27:39
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 And President Yes 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 2022-01-31 300,000 $0.00 1,342,775 No 4 A Direct
Class A Common Stock Disposition 2022-01-31 49,168 $77.98 1,293,607 No 4 S Direct
Class A Common Stock Disposition 2022-01-31 40,774 $78.98 1,252,833 No 4 S Direct
Class A Common Stock Disposition 2022-01-31 24,483 $79.61 1,228,350 No 4 S Direct
Class A Common Stock Disposition 2022-02-01 129,068 $77.99 1,099,282 No 4 S Direct
Class A Common Stock Disposition 2022-02-01 35,375 $79.14 1,063,907 No 4 S Direct
Class A Common Stock Disposition 2022-02-01 4,662 $79.73 1,059,245 No 4 S Direct
Class A Common Stock Disposition 2022-02-02 21,386 $77.84 1,037,859 No 4 S Direct
Class A Common Stock Disposition 2022-02-02 32,716 $80.43 1,005,143 No 4 S Direct
Class A Common Stock Disposition 2022-02-01 100 $80.00 952,550 No 4 S Indirect By Atticus Enterprises LLC
Class A Common Stock Disposition 2022-02-02 97,992 $80.43 854,558 No 4 S Indirect By Atticus Enterprises LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Indirect By Atticus Enterprises LLC
No 4 S Indirect By Atticus Enterprises LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 150,258 Indirect By Ares Owners Holdings L.P.
Footnotes
  1. Granted under the Ares Management Corporation Third Amended and Restated 2014 Equity Incentive Plan (the "Equity Incentive Plan"). Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restrictions on such units are scheduled to lapse in four equal installments on January 31, 2024, 2025, 2026 and 2027.
  2. Includes 766,666 restricted units granted under the Equity Incentive Plan. These restricted units vest in installments in accordance with the applicable restricted unit award agreement.
  3. This transaction was effected pursuant to a 10b5-1 trading plan previously adopted by the reporting person or a vehicle controlled by him.
  4. The price reported in Column 4 is a weighted average price. These shares were sold on January 31, 2022 in multiple transactions at prices ranging from $77.50 to $78.48. 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 and footnotes 5, 6, 7, 8, 9, 10 and 11.
  5. The price reported in Column 4 is a weighted average price. These shares were sold on January 31, 2022 in multiple transactions at prices ranging from $78.50 to $79.46.
  6. The price reported in Column 4 is a weighted average price. These shares were sold on January 31, 2022 in multiple transactions at prices ranging from $79.50 to $79.74.
  7. The price reported in Column 4 is a weighted average price. These shares were sold on February 1, 2022 in multiple transactions at prices ranging from $77.60 to $78.59.
  8. The price reported in Column 4 is a weighted average price. These shares were sold on February 1, 2022 in multiple transactions at prices ranging from $78.60 to $79.58.
  9. The price reported in Column 4 is a weighted average price. These shares were sold on February 1, 2022 in multiple transactions at prices ranging from $79.61 to $80.00.
  10. The price reported in Column 4 is a weighted average price. These shares were sold on February 2, 2022 in multiple transactions at prices ranging from $77.55 to $78.27.
  11. The price reported in Column 4 is a weighted average price. These shares were sold on February 2, 2022 in multiple transactions at prices ranging from $80.00 to $80.89.
  12. The reporting person or a vehicle controlled by him is a limited partner in Ares Owners Holdings L.P. ("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.