4//SEC Filing
Ares Corporate Opportunities Fund IV, L.P. 4
Accession 0000899243-21-003470
CIK 0001782754other
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 4:00 PM ET
Size
23.2 KB
Accession
0000899243-21-003470
Insider Transaction Report
Form 4
AZEK Co Inc.AZEK
Ares Corporate Opportunities Fund IV, L.P.
Director10% Owner
Transactions
- Sale
Class A Common Stock
2021-01-26$40.00/sh−11,500,000$460,000,000→ 27,721,090 total
Footnotes (3)
- [F1]The manager of Ares Corporate Opportunities Fund IV, L.P. ("ACOF IV") is ACOF Operating Manager IV, LLC ("ACOF Operating Manager IV"), and the sole member of ACOF Operating Manager IV is Ares Management LLC. The sole member of Ares Management LLC is Ares Management Holdings L.P. ("Ares Management Holdings") and the general partner of Ares Management Holdings is Ares Holdco LLC ("Ares Holdco"). The sole member of Ares Holdco is Ares Holdings Inc. ("Ares Holdings"), whose sole stockholder is Ares Management Corporation ("Ares Management"). Ares Management GP LLC ("Ares Management GP") is the sole holder of the Class B common stock, $0.01 par value per share, of Ares Management (the "Ares Class B Common Stock") and Ares Voting LLC ("Ares Voting") is the sole holder of the Class C common stock, $0.01 par value per share, of Ares Management (the "Ares Class C Common Stock"). (Continued in footnote 2)
- [F2]Pursuant to Ares Management's Certificate of Incorporation, the holders of the Ares Class B Common Stock and the Ares Class C Common Stock, collectively, will generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. The sole member of both Ares Management GP and Ares Voting is Ares Partners Holdco LLC ("Ares Partners") (collectively, the "Reporting Persons"). Ares Partners is managed by a board of managers, which is composed of Michael Arougheti, Ryan Berry, R. Kipp deVeer, David Kaplan, Michael McFerran, Antony Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over Board Members' decisions. (Continued in footnote 3)
- [F3]Each of the Reporting Persons, other than ACOF IV, and the Board Members, and the other directors, officers, partners, equity holders, members and managers of the Reporting Persons, expressly disclaims beneficial ownership of the Class A Common Stock, except to the extent of any pecuniary interest therein, and this Form 4 shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes.
Documents
Issuer
AZEK Co Inc.
CIK 0001782754
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001543148
Filing Metadata
- Form type
- 4
- Filed
- Jan 26, 7:00 PM ET
- Accepted
- Jan 27, 4:00 PM ET
- Size
- 23.2 KB