SEC Form 4 · accession 0001104659-15-083882
Ares Dynamic Credit Allocation Fund, Inc. · ARDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
David A Sachs
Director
Period of report
Dec 7, 2015
Accepted (ET)
Dec 9, 2015 · 7:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001515324
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Dec 7, 2015 | P | 7,500 | $13.52 | A | 64,648 | D | |
| Common StockF1 | holding | — | — | — | 20,994 | I | By Richards Sachs Investment Partners LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares are held by Richards Sachs Investment Partners LLC, a limited liability company, of which David A. Sachs is the sole manager and a beneficiary.
- F2The price reported in Column 4 is a weighted average price. These shares were purchased in two separate transactions at $13.519 and $13.52, respectively.
- F3These shares are held directly by David A. Sachs, by David A. Sachs' IRA, by the David & Karen Sachs TTEES FBO Sachs Revocable Trust dated 3-12-97 and by the David & Karen R. Sachs TTEES Karen Richards Sachs Sole & Separate Property dated 3-12-97.