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Major owner of Clayton Williams Energy just picked up 76,618 shares

Management Llc Ares, a major owner of Clayton Williams Energy and a director of the company, recently acquired 76,618 shares of the company. The buys took place at $9.39 per share, on April 05, 2016. Ares now owns 363,618 shares of the company. Ares operates out of Los Angeles, CA. Some additional info was provided as follows:

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.1850 to $9.5000, inclusive. The undersigned 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 purchased at each separate price within the ranges set forth in this footno te (1). The amounts of securities acquired reported in this Form 4 reflect an aggregate of 76,618 shares purchased in open market purchases, in the following amounts: 7,399 shares by AF IV Energy AIV A1, L.P., 1,353 shares by AF IV Energy AIV A2, L.P., 8,233 shares by AF IV Energy AIV A3, L.P., 8,069...