4//SEC Filing
Donohue Michael T. 4
Accession 0001433642-21-000060
CIK 0001433642other
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 4:58 PM ET
Size
14.2 KB
Accession
0001433642-21-000060
Insider Transaction Report
Form 4
Donohue Michael T.
Managing Director & Controller
Transactions
- Award
Class A Common Stock
2020-09-30$54.90/sh+96$5,270→ 30,022 total - Award
Class A Common Stock
2020-12-31$66.34/sh+80$5,307→ 30,102 total - Award
Class A Common Stock
2021-03-14+626→ 30,728 total - Tax Payment
Class A Common Stock
2021-03-14$87.10/sh−611$53,218→ 30,117 total
Holdings
- 26,819(indirect: See footnote)
Class B Units
→ Class A Common Stock (26,819 underlying) - 26,819
Class B Common Stock
- 8,204(indirect: See footnote)
Class C Units
→ Class A Common Stock (8,204 underlying)
Footnotes (6)
- [F1]These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).
- [F2]Shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan. The shares vest in four equal annual installments.
- [F3]Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.
- [F4]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.
- [F5]Pursuant to an Exchange Agreement entered into in connection with a reorganization incident to the Issuer's initial public offering (the "Exchange Agreement"), 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.
- [F6]Held on behalf of the reporting person by HL Management Investors, LLC.
Documents
Issuer
Hamilton Lane INC
CIK 0001433642
Entity typeother
Related Parties
1- filerCIK 0001698304
Filing Metadata
- Form type
- 4
- Filed
- Mar 15, 8:00 PM ET
- Accepted
- Mar 16, 4:58 PM ET
- Size
- 14.2 KB