4//SEC Filing
Devlin Tara 4
Accession 0001433642-19-000147
CIK 0001433642other
Filed
Nov 25, 7:00 PM ET
Accepted
Nov 26, 4:10 PM ET
Size
16.1 KB
Accession
0001433642-19-000147
Insider Transaction Report
Form 4
Blackburn Tara
10% Owner
Transactions
- Award
Class A Common Stock
2019-09-30$48.42/sh+110$5,326→ 32,981 total - Award
Class A Common Stock
2019-03-29$37.04/sh+143$5,297→ 32,763 total - Sale
Class A Common Stock
2019-11-22$55.57/sh−10,000$555,700→ 32,620 total - Award
Class A Common Stock
2019-06-28$48.50/sh+108$5,238→ 32,871 total
Holdings
- 173,441(indirect: See footnote)
Class B Units
→ Class A Common Stock (173,441 underlying) - 250(indirect: See footnote)
Class A Common Stock
- 214,767(indirect: See footnote)
Class C Units
→ Class A Common Stock (214,767 underlying) - 173,441
Class B Common Stock
Footnotes (7)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.12 to $55.96. The reporting person undertakes to provide 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 acquired at each separate price within the ranges set forth in this footnote.
- [F2]Total number of shares includes shares of Class A common stock held through a family trust of which the reporting person is the settlor, trustee, and a beneficiary.
- [F3]These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rules 16b-3(c) and 16b-3(d).
- [F4]Consists of shares of Class A common stock held by the reporting person's son, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by her son, and this report should not be deemed an admission that she is the beneficial owner of these shares for purposes of Section 16 or any other purpose.
- [F5]The Class B common stock does not carry economic value beyond the right to receive the par value of such stock upon liquidation, dissolution or exchange of those shares. However, the Class B common stock entitles its holder to ten votes per share on every matter submitted to the Issuer's stockholders for a vote. Total number of shares of Class B common stock are held through a family trust of which the reporting person is the settlor, trustee, and a beneficiary.
- [F6]Pursuant to an Exchange Agreement entered into in connection with a reorganization incident to the Issuer's initial public offering, the Class B Units and Class C Units of Hamilton Lane Advisors, L.L.C. ("HLA") are exchangeable, on a one-for-one basis, for shares of Class A common stock or, at the Issuer's election, for cash. Upon exchange of a Class B Unit, the corresponding share of Class B common stock will be redeemed at par value and cancelled. The Class B Units and Class C Units of HLA do not have an expiration date.
- [F7]Held on behalf of the reporting person by HL Management Investors, LLC through a family trust of which the reporting person is the settlor, trustee and a beneficiary.
Documents
Issuer
Hamilton Lane INC
CIK 0001433642
Entity typeother
Related Parties
1- filerCIK 0001698396
Filing Metadata
- Form type
- 4
- Filed
- Nov 25, 7:00 PM ET
- Accepted
- Nov 26, 4:10 PM ET
- Size
- 16.1 KB