deVeer R. Kipp's Form 4 filing
Ares Management Corp (ARES) · filed Feb 16, 2024
- Accession no.
- 0001628280-24-005431
- Filed
- Feb 16, 2024
- Trade date
- Feb 14-16, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions. Open-market sales total $28.8M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| deVeer R. KippCIK 0001576312 | Director, Officer (Head of Credit Group) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 14, 2024 | Class A Common Stock | SSaleDisposed | −82,796 | $136.47F1 | −$11,299,170.12 | 1,245,729 | Direct | |
| Feb 15, 2024 | Class A Common Stock | SSaleDisposed | −41,073 | $135.28F3 | −$5,556,355.44 | 1,204,656 | Direct | |
| Feb 15, 2024 | Class A Common Stock | SSaleDisposed | −6,940 | $136.00F4 | −$943,840 | 1,197,716 | Direct | |
| Feb 15, 2024 | Class A Common Stock | SSaleDisposed | −403 | $136.69F5 | −$55,086.07 | 1,197,313 | Direct | |
| Feb 16, 2024 | Class A Common Stock | SSaleDisposed | −45,958 | $135.02F6 | −$6,205,249.16 | 1,151,355 | Direct | |
| Feb 16, 2024 | Class A Common Stock | SSaleDisposed | −34,679 | $135.55F7 | −$4,700,738.45 | 1,116,676 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average price. These shares were sold on February 14, 2024 in multiple transactions at prices ranging from $135.94 to $136.85. 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 and 7.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold on February 15, 2024 in multiple transactions at prices ranging from $134.65 to $135.65.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold on February 15, 2024 in multiple transactions at prices ranging from $135.65 to $136.58.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in Column 4 is a weighted average price. These shares were sold on February 15, 2024 in multiple transactions at prices ranging from $136.66 to $136.76.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported in Column 4 is a weighted average price. These shares were sold on February 16, 2024 in multiple transactions at prices ranging from $134.28 to $135.27.
Referenced by the price of 1 transaction in Table I.
- F7
The price reported in Column 4 is a weighted average price. These shares were sold on February 16, 2024 in multiple transactions at prices ranging from $135.28 to $136.10.
Referenced by the price of 1 transaction in Table I.