Home > Insider Trading > Filing (0001104659-16-102354)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1515324	Ares Dynamic Credit Allocation Fund Inc.	ARDC	()	4/A

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1140113	A David Sachs	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
Common Stock	Acquisiton	2015-12-07	7,500	$13.52	67,193	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	18,446	Indirect	By Richards Sachs Investment Partners LLC

Footnotes

The original Form 4 filed on December 9, 2015 mistakenly reported the amount of securities beneficially owned indirectly following the reported transaction to be 20,994.47.
The shares are held by Richards Sachs Investment Partners LLC, a limited liability company, of which David A. Sachs is the sole manager and a beneficiary.
The price reported in Column 4 is a weighted average price. These shares were purchased in two separate transactions at $13.519 and $13.52, respectively.
The original Form 4 filed on December 9, 2015 mistakenly reported the amount of securities beneficially owned directly following the reported transaction to be 64,618.18.
These shares are held directly by David A. Sachs Sep IRA, by David A Sachs Individual Brokerage, by David & Karen R Sachs TTEES Sachs Rev TR DTD 3/12/97, by David & Karen R Sachs TTEES KRS Sep EST Sachs TR DTD 3/12/97, by David & Karen Sachs TTEES FBO Sachs Rev TR DTD 3/12/97, by Custodian for Mr. David Sachs, and by Custodian for Mrs. Karen Richards Sachs.