Antony P. Ressler - Mar 7, 2024 Form 4 Insider Report for Ares Management Corp (ARES)

Role
Co-Founder & Exec. Chairman, Director, 10%+ Owner
Signature
/s/ Naseem Sagati Aghili, by power of attorney
Stock symbol
ARES
Transactions as of
Mar 7, 2024
Transactions value $
-$390,900,000
Form type
4
Date filed
3/8/2024, 04:18 PM
Previous filing
Jun 20, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARES Class A Common Stock Sale -$391M -3M -100% $130.30 0 Mar 7, 2024 By TJ Capital Investors, LLC F1
holding ARES Class A Common Stock 7.98M Mar 7, 2024 By Ares Owners Holdings L.P. F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 3,000,000 shares of Class A Common Stock previously held by Ares Owners Holdings L.P. ("AOH") on behalf of the reporting person or a vehicle controlled by him, which were transferred to the reporting person or a vehicle controlled by him.
F2 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.