Form 4 for HLNE Hamilton Lane INC
Accepted 2021-09-14 00:00:00 ET · period of report 2021-09-10 · accession 0001433642-21-000127 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-09-14 | 2021-09-10 | HLNE | Whittemore Edward B. | 10% | J - Other | $0.00 | -5,000 | 130.0K | -4% | $0 |
| DI | 2021-09-14 | 2021-09-10 | HLNE | Whittemore Edward B. | 10% | J - Other | $84.15 | -5,000 | 130.0K | -4% | -$420.8K |
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 | 5,000 | $0.00 | 130,000 | 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. |
| 2 | Derivative | Class B Units | 2021-09-10 | J | D | 5,000 | $84.15 | 130,000 | I See footnote | — · — to — | 5,000 Class A Common Stock | (F4) Held on behalf of the reporting person by HLA Investments, LLC. (F3) 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. |