Form 4 for HLNE Hamilton Lane INC

Accepted 2025-02-14 00:00:00 ET · period of report 2025-02-12 · accession 0001628280-25-005801 · 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	2025-02-14	2025-02-12	HLNE	Giannini Mario L	Executive Co-COB, Dir, 10%	J - Other	$0.00	-1.00M	1.31M	-43%	$0
DI	2025-02-14	2025-02-12	HLNE	Giannini Mario L	Executive Co-COB, Dir, 10%	J - Other	$159.00	-1.00M	1.31M	-43%	-$159.00M

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class B Common Stock	2025-02-12	J	D	1,000,000	$0.00	1,312,331	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) Represents: 1,028,699 securities owned directly by HLA Inc. and 283,632 securities owned directly by HLA Investments, LLC.
2	Derivative	Class B Units	2025-02-12	J	D	1,000,000	$159.00	1,312,331	I See footnote	— · — to —	1,000,000 Class A Common Stock	(F3) Represents: 1,028,699 securities owned directly by HLA Inc. and 283,632 securities owned directly by HLA Investments, LLC. (F4) 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.