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Filing Details

Accession Number:: 0001628280-20-017849
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-12-30 17:56:20
Reporting Period:: 2020-12-28

Accepted Time:: 2020-12-30 17:56:20
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Disposition	2020-12-28	108,054	$48.66	716,945	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-28	200	$49.64	716,745	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-29	92,470	$47.91	624,275	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-29	321	$48.82	623,954	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-30	58,547	$47.74	565,407	No	4	S	Direct

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

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	1,102,908	Indirect	By Ares Owners Holdings L.P.

Footnotes

This transaction was effected pursuant to a 10b5-1 trading plan previously adopted by the reporting person or a vehicle controlled by him.
The price reported in Column 4 is a weighted average price. These shares were sold on December 28, 2020 in multiple transactions at prices ranging from $48.42 to $49.41. 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 4, 5 and 6.
Includes 499,999 restricted units granted under the Ares Management Corporation Second Amended and Restated 2014 Equity Incentive Plan. These restricted units vest in installments in accordance with the applicable restricted unit award agreement. The amount additionally includes 325,000 shares of Class A Common Stock held by Ares Owners Holdings L.P. ("AOH") on behalf of the reporting person, which were transferred to the reporting person.
The price reported in Column 4 is a weighted average price. These shares were sold on December 29, 2020 in multiple transactions at prices ranging from $47.70 to $48.66.
The price reported in Column 4 is a weighted average price. These shares were sold on December 29, 2020 in multiple transactions at prices ranging from $48.80 to $48.85.
The price reported in Column 4 is a weighted average price. These shares were sold on December 30, 2020 in multiple transactions at prices ranging from $47.51 to $48.26.
The reporting person or a vehicle controlled by him is a limited partner in 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.