0001628280-24-003153.txt : 20240202
0001628280-24-003153.hdr.sgml : 20240202
20240202211455
ACCESSION NUMBER: 0001628280-24-003153
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240131
FILED AS OF DATE: 20240202
DATE AS OF CHANGE: 20240202
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Arougheti Michael J
CENTRAL INDEX KEY: 0001304471
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36429
FILM NUMBER: 24593692
MAIL ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Ares Management Corp
CENTRAL INDEX KEY: 0001176948
STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 954656677
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2000 AVE OF THE STARS
STREET 2: 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
BUSINESS PHONE: 3102014100
MAIL ADDRESS:
STREET 1: 2000 AVE OF THE STARS
STREET 2: 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
FORMER COMPANY:
FORMER CONFORMED NAME: ARES MANAGEMENT LP
DATE OF NAME CHANGE: 20020701
4
1
wk-form4_1706926486.xml
FORM 4
X0508
4
2024-01-31
0
0001176948
Ares Management Corp
ARES
0001304471
Arougheti Michael J
2000 AVENUE OF THE STARS
12TH FLOOR
LOS ANGELES
CA
90067
1
1
0
0
Co-Founder, CEO and President
0
Class A Common Stock
2024-01-31
4
A
0
400000
0
A
1225000
D
Class A Common Stock
2024-01-31
4
A
0
300000
0
A
1525000
D
Class A Common Stock
2024-01-31
4
F
0
75415
121.48
D
1449585
D
Granted under an equity incentive plan of Ares Management Corporation. In exchange for such restricted units, the reporting person has agreed to reductions in certain incentive fee payments. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restrictions on such units are scheduled to lapse in four equal installments on June 30, 2026, 2027, 2028 and 2029. The shares of Class A Common Stock issued upon such vesting will be subject to certain lock-up restrictions.
Includes (i) the 400,000 restricted units reported in footnote one herein and (ii) 825,000 previously granted and reported restricted units granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement.
Granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restrictions on such units are scheduled to lapse in four equal installments on January 31, 2026, 2027, 2028 and 2029.
Includes (i) the 400,000 restricted units reported in footnote one herein, (ii) the 300,000 restricted units reported in footnote three herein and (iii) 825,000 previously granted and reported restricted units granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement.
Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of previously granted and reported restricted units representing the right to receive one share of Class A Common Stock under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting.
Includes (i) the 400,000 restricted units reported in footnote one herein, (ii) the 300,000 restricted units reported in footnote three herein and (iii) 675,000 previously granted and reported restricted units granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement.
/s/ Naseem Sagati Aghili, by power of attorney
2024-02-02