SEC Form 4 · accession 0001104659-15-053049
Ares Multi-Strategy Credit Fund, Inc. · ARMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Sachs
Director
Period of report
Jul 22, 2015
Accepted (ET)
Jul 24, 2015 · 2:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001572280
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Jul 22, 2015 | P | 290 | $18.4966 | A | 8,390 | D | |
| Common StockF4,F5 | Jul 23, 2015 | P | 4,710 | $18.5846 | A | 13,100 | D | |
| Common StockF1 | holding | — | — | — | 11,000 | I | By Richards Sachs Investment Partners LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 11,000 shares are held by Richards Sachs Investment Partners LLC, a limited liability company, of which the reporting person is the sole manager and a beneficiary.
- F2The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.45 to $18.50, inclusive. The Reporting Person undertakes to provide to Ares Multi-Strategy Credit Fund, Inc., any security holder of Ares Multi-Strategy Credit Fund, Inc., 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.
- F3Of these shares, 645 shares are held directly by a David A. Sachs IRA, 123 shares are held by David A. Sachs in his spouse's IRA account, 5,000 shares are held by David A. Sachs in a joint account, 2,500 shares are held by a David A. Sachs IRA and 122 shares are held by the Sachs Revocable Trust dated 3-12-97.
- F4The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.48 to $18.59, inclusive. The Reporting Person undertakes to provide to Ares Multi-Strategy Credit Fund, Inc., any security holder of Ares Multi-Strategy Credit Fund, Inc., 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 (4) to this Form 4.
- F5Of these shares, 3,000 shares are held directly by a David A. Sachs IRA, 500 shares are held by David A. Sachs in his spouse's IRA account, 5,000 shares are held by David A. Sachs in a joint account, 2,500 shares are held by a David A. Sachs IRA and 2,100 shares are held by the Sachs Revocable Trust dated 3-12-97.