SEC Form 4 · accession 0001104659-15-037793
Ares Commercial Real Estate Corp · ACRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Schuster
Officer — Chief Executive Officer · Director
Period of report
May 11, 2015
Accepted (ET)
May 13, 2015 · 7:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001529377
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 11, 2015 | P | 5,000 | $11.5951 | A | 5,000 | I | By Lauren B. Schuster 1992 Trust |
| Common StockF1 | May 12, 2015 | P | 7,500 | $11.60 | A | 12,500 | I | By Lauren B. Schuster 1992 Trust |
| Common Stock | holding | — | — | — | 9,110 | D | ||
| Common Stock | holding | — | — | — | 5,000 | I | By Spouse | |
| Common StockF2 | holding | — | — | — | 40,000 | I | By SBHWD LLC | |
| Common StockF3 | holding | — | — | — | 2,500 | I | As custodian for child's UTMA account | |
| Common StockF4 | holding | — | — | — | 2,500 | I | As custodian for child's UTMA account |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares are held by Lauren B. Schuster 1992 Trust of which the reporting person's spouse is the trustee and the reporting person together with the reporting person's children are beneficiaries.
- F2The 40,000 shares are held by SBHWD LLC, a limited liability company, of which the reporting person is the managing member.
- F3The 2,500 shares were purchased by the reporting person as custodian of an account for the benefit of the reporting person's child under the Uniform Transfers to Minors Act.
- F4The 2,500 shares were purchased by the reporting person as custodian of an account for the benefit of the reporting person's child under the Uniform Transfers to Minors Act.