Filing Details
- Accession Number:
- 0001628280-24-002919
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-01 16:28:10
- Reporting Period:
- 2024-01-30
- Accepted Time:
- 2024-02-01 16:28:10
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1529377 | Ares Commercial Real Estate Corp | ACRE | Real Estate Investment Trusts (6798) | 453148087 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1796172 | Patrick Bryan Donohoe | C/O Ares Commercial Real Estate Corp. 245 Park Avenue, 42Nd Floor New York NY 10167 | Chief Executive Officer | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2024-01-30 | 18,868 | $10.32 | 197,414 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Footnotes
- Represents the number of shares of common stock sold by the reporting person to cover tax withholding obligations in connection with the vesting of the common stock.
- The price reported in Column 4 is a weighted average price. These shares were sold on January 30, 2024 in multiple transactions at prices ranging from $10.20 to $10.42, inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation (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 footnote.
- Includes 119,166 restricted stock units granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan. The restricted stock units vest in installments with the applicable restricted stock unit award agreement. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting.
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