Bryan Patrick Donohoe - 08 Dec 2022 Form 4 Insider Report for Ares Commercial Real Estate Corp (ACRE)

Signature
/s/ Anton Feingold, by power of attorney
Issuer symbol
ACRE
Transactions as of
08 Dec 2022
Transactions value $
$0
Form type
4
Filing time
09 Dec 2022, 17:11:41 UTC
Previous filing
20 Jan 2022
Next filing
12 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACRE Common Stock Award $0 +64,000 +59.07% $0 172,354 08 Dec 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan (the "Equity Incentive Plan"). Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting. The restricted stock units vest in three equal annual installments beginning on January 1, 2024, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
F2 Reported amount includes 150,416 restricted stock units granted under the Equity Incentive Plan. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting. The restricted stock units vest in installments in accordance with the applicable restricted stock unit award agreement.