Form 4 for HLNE Hamilton Lane INC
Accepted 2021-09-14 00:00:00 ET · period of report 2021-09-10 · accession 0001433642-21-000124 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-09-14 | 2021-09-10 | HLNE | 2008 Sexton Des. Trust FBO Matthew Sexton | 10% | J - Other | $0.00 | -100.0K | 366.2K | -21% | $0 |
| DMI | 2021-09-14 | 2021-09-10 | HLNE | 2008 Sexton Des. Trust FBO Matthew Sexton | 10% | J - Other | $84.15 | -100.0K | 366.2K | -21% | -$8.41M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2021-09-10 | J | D | 50,000 | $0.00 | 366,233 | D | — | — | (F2) 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. (F4) The securities reported in this row are owned by the Matthew Sexton Trust. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust. |
| 2 | Common | Class B Common Stock | 2021-09-10 | J | D | 50,000 | $0.00 | 366,233 | D | — | — | (F3) The securities reported in this row are owned by the Laura Sexton Trust. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust. (F2) 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. |
| 3 | Derivative | Class B Units | 2021-09-10 | J | D | 50,000 | $84.15 | 366,233 | I By the 2008 Sexton Des. Trust FBO Matthew Sexton | — · — to — | 50,000 Class A Common Stock | (F8) The securities reported in this row are owned indirectly by the Matthew Sexton Trust through HLA Investments, LLC. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust. (F6) Pursuant to 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. |
| 4 | Derivative | Class B Units | 2021-09-10 | J | D | 50,000 | $84.15 | 366,233 | I By the 2008 Sexton Des. Trust FBO Laura Sexton | — · — to — | 50,000 Class A Common Stock | (F7) The securities reported in this row are owned indirectly by the Laura Sexton Trust through HLA Investments, LLC. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust. (F6) Pursuant to 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. |