Filing Details

Accession Number:
0001628280-21-000136
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-01-05 20:57:39
Reporting Period:
2020-12-31
Accepted Time:
2021-01-05 20:57:39
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2020-12-31 65,408 $47.25 499,999 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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
  1. This transaction was effected pursuant to a 10b5-1 trading plan previously adopted by the reporting person.
  2. The price reported in Column 4 is a weighted average price. These shares were sold on December 31, 2020 in multiple transactions at prices ranging from $46.91 to $47.62. 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.
  3. 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.
  4. The reporting person or a vehicle controlled by him is a limited partner in Ares Owners Holdings L.P. ("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.