Home > Insider Trading > Filing (0001433642-20-000119)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1433642	Hamilton Lane Inc	HLNE	Investment Advice (6282)	262482738

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1699245	Trust 2 Number Oakville	C/O Hamilton Lane Incorporated One Presidential Blvd., 4Th Floor Bala Cynwyd PA 19004		No	No	Yes	No
1699649	Rysaffe Trustee Co (Ci) Ltd	C/O Hamilton Lane Incorporated One Presidential Blvd., 4Th Floor Bala Cynwyd PA 19004		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2020-09-04	75,000	$70.18	710,015	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class B Common Stock	7	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Units	$0.00			7	7	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	7	7	Indirect

Footnotes

Sold by the reporting person in a registered underwritten offering pursuant to an underwriting agreement dated September 1, 2020.
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.
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 of Hamilton Lane Advisors, L.L.C. 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 do not have an expiration date.
The securities reported are owned indirectly by the Trust through HLA Investments, LLC.