Eileen Naughton - 27 Jul 2023 Form 4 Insider Report for Ares Management Corp (ARES)

Role
Director
Signature
/s/ Naseem Sagati Aghili, by power of attorney
Issuer symbol
ARES
Transactions as of
27 Jul 2023
Net transactions value
$0
Form type
4
Filing time
31 Jul 2023, 19:36:59 UTC
Previous filing
17 Jan 2023
Next filing
05 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARES Class A Common Stock Award $0 +1,732 +62% $0.000000 4,519 27 Jul 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted under the Ares Management Corporation 2023 Equity Incentive Plan (the "Equity Incentive Plan"). Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restrictions on such units are scheduled to lapse on the first anniversary of the grant date.
F2 Includes 1,732 restricted units granted under the Equity Incentive Plan. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement.