McFerran Michael R 4
4 · Ares Management Corp · Filed Mar 24, 2021
Insider Transaction Report
Form 4
McFerran Michael R
EVP, CFO & Treasurer
Transactions
- Tax Payment
Class A Common Stock
2021-03-23$54.41/sh−16,720$909,735→ 905,818 total
Footnotes (2)
- [F1]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 restricted units representing the right to receive one share of Class A Common Stock under the Ares Management Corporation Second Amended and Restated 2014 Equity Incentive Plan (the "Equity Incentive Plan"). Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting.
- [F2]Includes 817,421 restricted units granted under the Equity Incentive Plan. These restricted units vest in installments in accordance with the applicable restricted unit award agreement.