SEC Form 4 · accession 0001104659-16-139835
Ares Management Corp · ARES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R McFerran
Officer — EVP, CFO & Treasurer
Period of report
Aug 15, 2016
Accepted (ET)
Aug 15, 2016 · 8:19 pm EDT
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 | Aug 15, 2016 | A | 100,000 | $0.00 | A | 188,813 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects a grant of 100,000 restricted units, each of which represents the right to receive one Common Unit upon vesting. The restrictions on such units are scheduled to lapse on August 15, 2021. Also includes 36,497 restricted units granted on March 23, 2016, each of which represents the right to receive one Common Unit upon vesting. The restrictions on such units are scheduled to lapse in three equal installments on March 23, 2019, 2020 and 2021. Also includes 15,068 restricted units granted on January 20, 2016, each of which represents the right to receive one Common Unit upon vesting. The restrictions on such units are scheduled to lapse in four equal installments on January 20, 2017, 2018, 2019 and 2020. Also includes 27,248 restricted units granted on March 23, 2015, each of which represents the right to receive one Common Unit upon vesting. The restrictions on such units are scheduled to lapse in three equal installments on March 23, 2018, 2019 and 2020.