Ryan Berry - Nov 1, 2022 Form 4 Insider Report for Ares Management Corp (ARES)

Role
Chief Mktg. & Strategy Officer
Signature
/s/ Anton Feingold, by power of attorney
Stock symbol
ARES
Transactions as of
Nov 1, 2022
Transactions value $
-$4,839,706
Form type
4
Date filed
11/3/2022, 09:01 PM
Previous filing
Feb 2, 2022
Next filing
Jan 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARES Class A Common Stock Tax liability -$4.84M -62K -13.64% $78.09 393K Nov 1, 2022 Direct F1, F2
holding ARES Class A Common Stock 2.7K Nov 1, 2022 By Retirement Savings Plan
holding ARES Class A Common Stock 7.39K Nov 1, 2022 By Spouse's SEP IRA
holding ARES Class A Common Stock 346K Nov 1, 2022 By Reporting Person and Spouse as joint tenants with right of survivorship
holding ARES Class A Common Stock 5K Nov 1, 2022 By IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock under the Ares Management Corporation Third Amended and Restated 2014 Equity Incentive Plan (the "Equity Incentive Plan"). Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting.
F2 Includes 329,520 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.

Remarks:

Exhibit 24 - Power of Attorney