SEC Form 4 · accession 0001327978-17-000050
Ares Real Estate Income Trust Inc. · ZARE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Michael Lynch
Officer — President
Period of report
Mar 31, 2017
Accepted (ET)
Apr 3, 2017 · 3:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001327978
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class I Common StockF1 | Mar 31, 2017 | D | 13,295 | $7.5219 | D | 103,390 | D | |
| Class I Common StockF2 | holding | — | — | — | 14,576 | I | Lynch Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As of March 31, 2017, 45,934.432 of the shares reported in this box are Class I shares of common stock of Dividend Capital Diversified Property Fund Inc. (the "Company") and 57,455.400 are related to restricted stock units ("Advisor RSUs") previously acquired by the Reporting Person from Dividend Capital Total Advisors LLC. Each Advisor RSU will, upon vesting, be settled in one share of Class I common stock of the Company. The Advisor RSUs are subject to specified vesting and settlement provisions and, upon settlement in Class I shares of Company common stock, require offset of compensation otherwise payable from the Advisor to the Reporting Person.
- F2These shares are held directly by the Lynch Family Trust for which the Reporting Person and his spouse serve as trustees. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.