4//SEC Filing
Blackburn Tara 4
Accession 0001698324-18-000018
CIK 0001433642other
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 4:32 PM ET
Size
12.3 KB
Accession
0001698324-18-000018
Insider Transaction Report
Form 4
Blackburn Tara
10% Owner
Transactions
- Tax Payment
Class A Common Stock
2018-03-14$38.07/sh−823$31,332→ 48,899 total - Award
Class A Common Stock
2018-03-14+5,911→ 49,722 total
Holdings
- 250(indirect: See footnote)
Class A Common Stock
- 173,441
Class B Common Stock
- 173,441(indirect: See footnote)
Class B Units
→ Class A Common Stock (173,441 underlying) - 228,872(indirect: See footnote)
Class C Units
→ Class A Common Stock (228,872 underlying)
Footnotes (7)
- [F1]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.
- [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]Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.
- [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.
- [F6]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.
- [F7]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 0001698396
Filing Metadata
- Form type
- 4
- Filed
- Mar 15, 8:00 PM ET
- Accepted
- Mar 16, 4:32 PM ET
- Size
- 12.3 KB