Form 4 for HLNE Hamilton Lane INC
Accepted 2024-03-11 00:00:00 ET · period of report 2024-03-07 · accession 0001433642-24-000040 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2024-03-11 | 2024-03-07 | HLNE | 2008 Sexton Des. Trust FBO Matthew Sexton | 10% | J - Other | $0.00 | -100.0K | 316.2K | -24% | $0 |
| DMI | 2024-03-11 | 2024-03-07 | HLNE | 2008 Sexton Des. Trust FBO Matthew Sexton | 10% | J - Other | $108.00 | -100.0K | 316.2K | -24% | -$10.80M |
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 | 2024-03-07 | J | D | 50,000 | $0.00 | 316,233 | I See footnote | — | — | (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. (F3) The securities reported in this row are owned by the Laura Sexton Trust. Mr. Sexton serves as trustee of this trust. |
| 2 | Common | Class B Common Stock | 2024-03-07 | J | D | 50,000 | $0.00 | 316,233 | I See footnote | — | — | (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 serves as trustee of this trust. |
| 3 | Derivative | Class B Units | 2024-03-07 | J | D | 50,000 | $108.00 | 316,233 | I By the 2008 Sexton Des. Trust FBO Matthew Sexton | — · — to — | 50,000 Class A Common Stock | (F7) The securities reported in this row are owned indirectly by the Matthew Sexton Trust through HLA Investments, LLC. (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 of HLA do not have an expiration date. |
| 4 | Derivative | Class B Units | 2024-03-07 | J | D | 50,000 | $108.00 | 316,233 | I By the 2008 Sexton DES. Trust FBO Laura Sexton | — · — to — | 50,000 Class A Common Stock | (F6) The securities reported in this row are owned indirectly by the Laura Sexton Trust through HLA Investments, LLC. (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 of HLA do not have an expiration date. |