SEC Form 4 · accession 0001327978-18-000035
Ares Real Estate Income Trust Inc. · ZARE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard D Kincaid
Officer — Chairman & Director · Director
Period of report
Apr 5, 2018
Accepted (ET)
Apr 9, 2018 · 5:10 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,F2 | Apr 5, 2018 | D | 13,928 | $7.18 | D | 82,957 | D | |
| Class I Common StockF1,F2 | Apr 5, 2018 | D | 6,750 | $7.41 | D | 76,207 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 5, 2018, the Reporting Person forfeited 20,677.577 restricted stock units ("Advisor RSUs") to Black Creek Diversified Property Advisors LLC (the "Advisor"). Each forfeited Advisor RSU would have, upon vesting, been settled in one share of Class I common stock of Black Creek Diversified Property Fund Inc. (the "Company"). The Advisor RSUs were subject to specified vesting and settlement provisions and, upon settlement in Class I shares of the Company common stock, required offset of compensation otherwise payable from the Advisor to the Reporting Person.
- F2As of April 9, 2018, 76,207.170 of the shares reported in this box are Class I shares of common stock of the Company.