Form 4 for HLNE Hamilton Lane INC
Accepted 2025-02-14 00:00:00 ET · period of report 2025-02-12 · accession 0001628280-25-005805 · 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 | Rogers Hartley R. | Executive Co-COB, Dir, 10% | J - Other | $0.00 | -139.7K | 6.76M | -2% | $0 |
| D | 2025-02-14 | 2025-02-12 | HLNE | Rogers Hartley R. | Executive Co-COB, Dir, 10% | S - Sale | $159.00 | -10.3K | 0 | -100% | -$1.63M |
| DI | 2025-02-14 | 2025-02-12 | HLNE | Rogers Hartley R. | Executive Co-COB, Dir, 10% | J - Other | $159.00 | -139.7K | 6.76M | -2% | -$22.22M |
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 | 2025-02-12 | J | D | 139,745 | $0.00 | 6,760,922 | I | — | — | (F3) 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. These securities are owned directly by HLA Investments, LLC ("HLAI"). The reporting person is the manager of HRHLA, LLC ("HRHLA"), the managing member of HLAI. |
| 2 | Common | Class A Common Stock | 2025-02-12 | S | D | 10,255 | $159.00 | 0 | D See footnote | — | — | (F4) These securities are owned directly by HLAI. Mr. Rogers is the manager of HRHLA, the managing member of HLAI. |
| 3 | Derivative | Class B Units | 2025-02-12 | J | D | 139,745 | $159.00 | 6,760,922 | I See footnote | — · — to — | 139,745 Class A Common Stock | (F4) These securities are owned directly by HLAI. Mr. Rogers is the manager of HRHLA, the managing member 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. |