SEC Form 4 · accession 0001104659-16-144906
Ares Commercial Real Estate Corp · ACRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Rosen
Officer — INTERIM CO-CEO · Director
Period of report
Sep 13, 2016
Accepted (ET)
Sep 15, 2016 · 7:16 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 | Sep 13, 2016 | P | 4,011 | $12.3797 | A | 50,013 | D | |
| Common StockF2 | Sep 14, 2016 | P | 5,989 | $12.33 | A | 56,002 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Line 1 Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.35 to $12.41, inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation, any security holder of Ares Commercial Real Estate Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
- F2The price reported in Line 2 Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.205 to $12.44, inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation, any security holder of Ares Commercial Real Estate Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4.