SEC Form 4/A · accession 0001104659-16-102354
Ares Dynamic Credit Allocation Fund, Inc. · ARDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
David A Sachs
Director
Period of report
Dec 7, 2015
Accepted (ET)
Mar 3, 2016 · 7:44 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 StockF3,F4,F5 | Dec 7, 2015 | P | 7,500 | $13.52 | A | 67,193 | D | |
| Common StockF1,F2 | holding | — | — | — | 18,446 | I | By Richards Sachs Investment Partners LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The original Form 4 filed on December 9, 2015 mistakenly reported the amount of securities beneficially owned indirectly following the reported transaction to be 20,994.47.
- F2The 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.
- F3The 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.
- F4The original Form 4 filed on December 9, 2015 mistakenly reported the amount of securities beneficially owned directly following the reported transaction to be 64,618.18.
- F5These shares are held directly by David A. Sachs Sep IRA, by David A Sachs Individual Brokerage, by David & Karen R Sachs TTEES Sachs Rev TR DTD 3/12/97, by David & Karen R Sachs TTEES KRS Sep EST Sachs TR DTD 3/12/97, by David & Karen Sachs TTEES FBO Sachs Rev TR DTD 3/12/97, by Custodian for Mr. David Sachs, and by Custodian for Mrs. Karen Richards Sachs.