Form 4 for HLNE Hamilton Lane INC
Accepted 2021-09-14 00:00:00 ET · period of report 2021-09-10 · accession 0001433642-21-000125 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-09-14 | 2021-09-10 | HLNE | HRHLA, LLC | 10% | J - Other | $0.00 | -488.4K | 7.30M | -6% | $0 |
| D | 2021-09-14 | 2021-09-10 | HLNE | HRHLA, LLC | 10% | J - Other | $0.00 | -593.4K | 9.33M | -6% | $0 |
| DI | 2021-09-14 | 2021-09-10 | HLNE | HRHLA, LLC | 10% | J - Other | $84.15 | -488.4K | 7.30M | -6% | -$41.10M |
| D | 2021-09-14 | 2021-09-10 | HLNE | HRHLA, LLC | 10% | J - Other | $84.15 | -593.4K | 9.33M | -6% | -$49.93M |
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 | 488,400 | $0.00 | 7,300,667 | I | — | — | |
| 2 | Common | Class B Common Stock | 2021-09-10 | J | D | 593,400 | $0.00 | 9,328,657 | D See footnote | — | — | (F2) The Class B common stock is owned directly by the HLAI member that beneficially owns the corresponding Class B Units. (F4) This row reports securities beneficially owned indirectly by HRHLA through its ownership of HLAI. |
| 3 | Derivative | Class B Units | 2021-09-10 | J | D | 488,400 | $84.15 | 7,300,667 | I | — · — to — | 488,400 Class A Common Stock | (F5) Pursuant to the Exchange Agreement, the Class B Units of 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 do not have an expiration date. |
| 4 | Derivative | Class B Units | 2021-09-10 | J | D | 593,400 | $84.15 | 9,328,657 | D See footnote | — · — to — | 593,400 Class A Common Stock | (F2) The Class B common stock is owned directly by the HLAI member that beneficially owns the corresponding Class B Units. (F4) This row reports securities beneficially owned indirectly by HRHLA through its ownership of HLAI. (F5) Pursuant to the Exchange Agreement, the Class B Units of 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 do not have an expiration date. |