Sec Form 4 Filing - Berry Ryan @ ARES MANAGEMENT LP - 2018-01-20

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Berry Ryan
2. Issuer Name and Ticker or Trading Symbol
ARES MANAGEMENT LP [ ARES]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Ptr, Chief Mktg. & Strat. Off.
(Last) (First) (Middle)
2000 AVENUE OF THE STARS, 12TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
01/20/2018
(Street)
LOS ANGELES, CA90067
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Units 01/20/2018 A 8,645 A $ 0 299,497 ( 1 ) ( 2 ) D
Common Units 2,700 I By Retirement Savings Plan
Common Units 7,387 I By Spouse's SEP IRA
Common Units 28,282 I By Reporting Person & Spouse as joint tenants with right of survivorship
Common Units 5,003 I By IRA
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Berry Ryan
2000 AVENUE OF THE STARS
12TH FLOOR
LOS ANGELES, CA90067
Ptr, Chief Mktg. & Strat. Off.
Signatures
/s/ Naseem Sagati, by power of attorney 01/23/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects a grant of 8,645 restricted units granted on January 20, 2018, each of which represents the right to receive one Common Unit upon vesting. The restrictions on such units are scheduled to lapse in four equal installments on January 20, 2019, 2020, 2021 and 2022. Also includes a grant of 51,754 restricted units, each of which represents the right to receive one Common Unit upon vesting. The restrictions are scheduled to lapse in two equal installments on May 1, 2018 and 2019. Also includes a grant of 13,530 restricted units, each of which represents the right to receive one Common Unit upon vesting. The restrictions are scheduled to lapse in three equal installments on January 20, 2018, 2019 and 2020. In connection with the vesting on January 20, 2018, the reporting person received 2,712 Common Units, with the remaining 1,798 Common Units withheld to cover taxes on this transaction.(Continued in Footnote 2)
( 2 )Also includes a grant of 100,000 restricted units, each of which represents the right to receive one Common Unit upon vesting. The restrictions are scheduled to lapse on August 15, 2021. Also includes a grant of 9,440 restricted units, each of which represents the right to receive one Common Unit upon vesting. The restrictions are scheduled to lapse in four equal installments on January 20, 2018, 2019, 2020 and 2021. In connection with the vesting on January 20, 2018, the reporting person received 1,541 Common Units, with the remaining 819 Common Units withheld to cover taxes on this transaction. Also includes a grant of 100,000 restricted units, each of which represents the right to receive one Common Unit upon vesting. The restrictions are scheduled to lapse on January 31, 2022.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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