SEC Form 4 · accession 0001104659-16-090944
Ares Management Corp · ARES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Weiner
Officer — EVP, CLO & Secretary
Period of report
Jan 20, 2016
Accepted (ET)
Jan 22, 2016 · 12:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001176948
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1 | Jan 20, 2016 | A | 15,280 | $0.00 | A | 54,227 | D | |
| Common UnitsF2 | holding | — | — | — | 154,572 | I | By Ares Owners Holdings L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects a grant of 15,280 restricted units, each of which represents the right to receive one Common Unit upon vesting. The restrictions are scheduled to lapse in four equal installments on January 20, 2017, 2018, 2019 and 2020. Also includes 28,947 restricted units granted on May 1, 2014, each of which represents the right to receive one Common Unit upon vesting. The restrictions are scheduled to lapse in three equal installments on May 1, 2017, 2018 and 2019.
- F2The reporting person or a vehicle controlled by him is a limited partner in Ares Owners Holdings L.P. ("AOH"), the direct holder of the common units representing limited partner interests (the "Common Units") of the Issuer. The Common Units indirectly held by the reporting person or the vehicle are the number of Common Units that he or the vehicle has a right to receive as a limited partner in AOH.