ANTONY P. RESSLER - 07 Mar 2024 Form 4 Insider Report for Ares Management Corp (ARES)

Signature
/s/ Naseem Sagati Aghili, by power of attorney
Issuer symbol
ARES
Transactions as of
07 Mar 2024
Net transactions value
-$390,900,000
Form type
4
Filing time
08 Mar 2024, 16:18:43 UTC
Previous filing
20 Jun 2023
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARES Class A Common Stock Sale $390,900,000 -3,000,000 -100% $130.30 0 07 Mar 2024 By TJ Capital Investors, LLC F1
holding ARES Class A Common Stock 7,984,625 07 Mar 2024 By Ares Owners Holdings L.P. F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 3,000,000 shares of Class A Common Stock previously held by Ares Owners Holdings L.P. ("AOH") on behalf of the reporting person or a vehicle controlled by him, which were transferred to the reporting person or a vehicle controlled by him.
F2 The reporting person or a vehicle controlled by him is a limited partner in AOH, the direct holder of the shares of Class A Common Stock. The shares of Class A Common Stock indirectly held by the reporting person or the vehicle are the number of shares of Class A Common Stock that he or the vehicle has a right to receive as a limited partner in AOH.