X0306 4 2014-06-24 0 0001529377 Ares Commercial Real Estate Corp ACRE 0001542949 Diamond Michael ONE NORTH WACKER DRIVE 48TH FLOOR CHICAGO IL 60606 1 0 0 0 Common Stock 2014-06-24 4 A 0 2943 0 A 12891 D Represents a grant of restricted shares of common stock pursuant to the Issuer's 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter commencing with the fiscal quarter beginning July 1, 2014. Monica J. Shilling, by power of attorney 2014-06-25