Home > Insider Trading > Filing (0001104659-22-069428)

Filing Details

Accession Number:: 0001104659-22-069428
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-06-08 20:22:22
Reporting Period:: 2022-05-31

Accepted Time:: 2022-06-08 20:22:22
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1820872	Global Business Travel Group Inc.	GBTG	Investment Advice (6282)	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1176948	Ares Management Corp	C/O Ares Management Llc 2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1259313	Ares Management Llc	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1536937	L.p. Holdings Management Ares	C/O Ares Management Llc 2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1620263	Ares Partners Holdco Llc	C/O Ares Management Llc 2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1620264	Ares Management Gp Llc	C/O Ares Management Llc 2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1669983	Ares Holdco Llc	C/O Ares Management Llc 2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	No
1761656	Ares Voting Llc	C/O Ares Management Llc 2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	No	No	Yes	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	Explanation
Class A Common Stock	Acquisiton	2022-05-31	150,000	$8.47	8,400,000	No	4	P	Indirect	See footnotes
Class A Common Stock	Acquisiton	2022-06-01	123,278	$8.56	8,523,278	No	4	P	Indirect	See footnotes
Class A Common Stock	Acquisiton	2022-06-02	20,022	$8.74	8,543,300	No	4	P	Indirect	See footnotes
Class A Common Stock	Acquisiton	2022-06-03	56,700	$8.61	8,600,000	No	4	P	Indirect	See footnotes
Class A Common Stock	Acquisiton	2022-06-06	75,568	$8.47	8,675,568	No	4	P	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	P	Indirect	See footnotes

Footnotes

This statement is being filed jointly by (i) ASOF Holdings I, L.P. ("ASOF Holdings I"), (ii) ASOF II A (DE) Holdings I, L.P. ("ASOF II A (DE) Holdings I"), (iii) ASOF II Holdings I, L.P. ("ASOF II Holdings I" and, together with ASOF Holdings I and ASOF II A (DE) Holdings I, the "Ares Holders"), (iv) ASOF Investment Management LLC ("ASOF Investment Management"), (v) Ares Management LLC, (vi) Ares Management Holdings L.P. ("Ares Management Holdings"), (vii) Ares Holdco LLC ("Ares Holdco"), (viii) Ares Management Corporation ("Ares Management"), (ix) Ares Voting LLC ("Ares Voting"), (x) Ares Management GP LLC ("Ares Management GP") and (xi) Ares Partners Holdco LLC ("Ares Partners") (collectively, the "Reporting Persons").
Following the transactions reported herein, includes: (i) 4,337,784 shares of Class A common stock held of record by ASOF Holdings I; (ii) 2,168,891 shares of Class A common stock held of record by ASOF II A (DE) Holdings I; and (iii) 2,168,893 shares of Class A common stock held of record by ASOF II Holdings I.
ASOF Investment Management is the manager of each of the Ares Holders. The sole member of ASOF Investment Management is Ares Management LLC. The sole member of Ares Management LLC is Ares Management Holdings and the general partner of Ares Management Holdings is Ares Holdco. The sole member of Ares Holdco is Ares Management. Ares Management GP is the sole holder of the Class B common stock of Ares Management (the "Ares Class B Common Stock") and Ares Voting is the sole holder of the Class C common stock of Ares Management (the "Ares Class C Common Stock"). Pursuant to Ares Management's Certificate of Incorporation in effect as of the date of this filing, the holders of the Ares Class B Common Stock and the Ares Class C Common Stock, collectively, will generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. The sole member of both Ares Management GP and Ares Voting is Ares Partners.
Ares Partners is managed by a board of managers, which is composed of Michael J. Arougheti, Ryan Berry, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over the Board Members' decisions. Each of the Reporting Persons, the Board Members and the other directors, officers, partners, stockholders, members and managers of the Reporting Persons expressly disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein, and this filing shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes.