Filing Details
- Accession Number:
- 0001104659-23-062347
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-05-18 19:04:27
- Reporting Period:
- 2023-05-16
- Accepted Time:
- 2023-05-18 19:04:27
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1782754 | Azek Co Inc. | AZEK | Investment Advice (6282) | DE |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1176948 | Ares Management Corp | 2000 Avenue Of The Stars, 12Th Floor Los Angeles CA 90067 | Yes | No | No | No | |
1259313 | Ares Management Llc | 2000 Avenue Of The Stars, 12Th Floor Los Angeles CA 90067 | Yes | No | No | No | |
1536937 | L.p. Holdings Management Ares | 2000 Avenue Of The Stars, 12Th Floor Los Angeles CA 90067 | Yes | No | No | No | |
1543148 | Ares Corporate Opportunities Fund Iv, L.p. | 2000 Avenue Of The Stars, 12Th Floor Los Angeles CA 90067 | Yes | No | No | No | |
1620263 | Ares Partners Holdco Llc | 2000 Avenue Of The Stars, 12Th Floor Los Angeles CA 90067 | Yes | No | No | No | |
1620264 | Ares Management Gp Llc | 2000 Avenue Of The Stars, 12Th Floor Los Angeles CA 90067 | Yes | No | No | No | |
1620272 | Acof Operating Manager Iv, Llc | 2000 Avenue Of The Stars, 12Th Floor Los Angeles CA 90067 | Yes | No | No | No | |
1669983 | Ares Holdco Llc | 2000 Avenue Of The Stars, 12Th Floor Los Angeles CA 90067 | Yes | No | No | No | |
1761656 | Ares Voting Llc | 2000 Avenue Of The Stars, 12Th Floor Los Angeles CA 90067 | Yes | No | 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 | Disposition | 2023-05-16 | 7,000,000 | $24.36 | 7,326,090 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Footnotes
- This statement is being filed by (i) Ares Corporate Opportunities Fund IV, L.P. ("ACOF IV"), (ii) ACOF Operating Manager IV, LLC ("ACOF Operating Manager IV"), (iii) Ares Management LLC, (iv) Ares Management Holdings L.P. ("Ares Management Holdings"), (v) Ares Holdco LLC ("Ares Holdco"), (vi) Ares Management Corporation ("Ares Management"), (vii) Ares Voting LLC ("Ares Voting"), (viii) Ares Management GP LLC ("Ares Management GP") and (ix) Ares Partners Holdco LLC ("Ares Partners") (collectively, the "Reporting Persons").
- Ares Partners in the sole member of each of Ares Voting and Ares Management GP, which are respectively the holders of the Class B and Class C common stock of Ares Management, which common stock allows them, collectively, to generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. Ares Management is the sole member of Ares Holdco, which is the general partner of Ares Management Holdings, which is the sole member of Ares Management LLC, which is the sole member of ACOF Operating Manager IV, LLC, which is the manager of ACOF IV.
- Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, Ryan Berry, R. Kipp de Veer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over Board Members' decisions.
- Disposition pursuant to an underwriting agreement, dated May 16, 2023 (the "Underwriting Agreement"), and in connection with the registered public offering of shares of Common Stock pursuant to the final prospectus dated May 16, 2023 and filed with the U.S. Securities and Exchange Commission on May 18, 2023 pursuant to Rule 424(b)(7) under the Securities Act of 1933, as amended, which offering was consummated on May 16, 2023 (the "Offering"). In connection with the Offering, ACOF IV also granted the underwriter an option to purchase an additional 1,050,000 shares of Class A Common Stock (the "Option") at the price listed in Table I above, which Option is exercisable for 30 days from the date of Underwriting Agreement. The Reporting Persons will report any further sales pursuant to the Option on Form 4.
- Each of the Reporting Persons, other than ACOF IV, and the Board Members, and the other directors, officers, partners, equity holders, members and managers of the Reporting Persons, expressly disclaims beneficial ownership of the Class A Common Stock, except to the extent of any pecuniary interest therein, and this Form 4 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.