0001628280-24-012787.txt : 20240322 0001628280-24-012787.hdr.sgml : 20240322 20240322212016 ACCESSION NUMBER: 0001628280-24-012787 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240320 FILED AS OF DATE: 20240322 DATE AS OF CHANGE: 20240322 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: 24776721 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_1711156807.xml FORM 4 X0508 4 2024-03-20 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 1 Class A Common Stock 2024-03-20 4 S 0 2300 131.81 D 93844 I By Atticus Enterprises LLC Class A Common Stock 2024-03-20 4 S 0 9349 132.70 D 84495 I By Atticus Enterprises LLC Class A Common Stock 2024-03-20 4 S 0 8100 133.48 D 76395 I By Atticus Enterprises LLC Class A Common Stock 2024-03-21 4 S 0 1071 134.84 D 75324 I By Atticus Enterprises LLC Class A Common Stock 2024-03-21 4 S 0 1800 135.83 D 73524 I By Atticus Enterprises LLC Class A Common Stock 2024-03-21 4 S 0 34567 136.75 D 38957 I By Atticus Enterprises LLC Class A Common Stock 2024-03-21 4 S 0 19119 137.45 D 19838 I By Atticus Enterprises LLC Class A Common Stock 2024-03-22 4 S 0 8413 134.05 D 11425 I By Atticus Enterprises LLC Class A Common Stock 2024-03-22 4 S 0 6837 135.22 D 4588 I By Atticus Enterprises LLC Class A Common Stock 2024-03-22 4 S 0 100 136.17 D 4488 I By Atticus Enterprises LLC Class A Common Stock 1375000 D This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him. The price reported in Column 4 is a weighted average price. These shares were sold on March 20, 2024 in multiple transactions at prices ranging from $131.10 to $132.08. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote and footnotes 3, 4, 5, 6, 7, 8, 9, 10 and 11. The price reported in Column 4 is a weighted average price. These shares were sold on March 20, 2024 in multiple transactions at prices ranging from $132.13 to $133.11. The price reported in Column 4 is a weighted average price. These shares were sold on March 20, 2024 in multiple transactions at prices ranging from $133.17 to $133.64. The price reported in Column 4 is a weighted average price. These shares were sold on March 21, 2024 in multiple transactions at prices ranging from $134.20 to $135.19. The price reported in Column 4 is a weighted average price. These shares were sold on March 21, 2024 in multiple transactions at prices ranging from $135.25 to $136.22. The price reported in Column 4 is a weighted average price. These shares were sold on March 21, 2024 in multiple transactions at prices ranging from $136.26 to $137.25. The price reported in Column 4 is a weighted average price. These shares were sold on March 21, 2024 in multiple transactions at prices ranging from $137.26 to $137.81. The price reported in Column 4 is a weighted average price. These shares were sold on March 22, 2024 in multiple transactions at prices ranging from $133.77 to $134.76. The price reported in Column 4 is a weighted average price. These shares were sold on March 22, 2024 in multiple transactions at prices ranging from $134.77 to $135.75. The price reported in Column 4 is a weighted average price. These shares were sold on March 22, 2024 in multiple transactions at prices ranging from $136.17 to $136.17. Represents 1,375,000 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 2024-03-22