4/A//SEC Filing
Hamilton Lane INC 4/A
Accession 0001433642-17-000069
$HLNECIK 0001433642operating
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 4:56 PM ET
Size
10.7 KB
Accession
0001433642-17-000069
Insider Transaction Report
Form 4/AAmended
HELGERSON DAVID
10% Owner
Transactions
- Tax Payment
Class A Common Stock
2017-03-28$18.79/sh−4,491$84,386→ 7,102 total
Holdings
- 16,839
Restricted Class A Common Stock
- 154,049(indirect: See footnote)
Class B Units
→ Class A Common Stock (154,049 underlying) - 154,049(indirect: See footnotes)
Class B Common Stock
- 74,997(indirect: See footnote)
Class C Units
→ Class A Common Stock (74,997 underlying)
Footnotes (5)
- [F1]Shares delivered to the issuer for the payment of witholding taxes due upon the vesting of restricted stock previously granted.
- [F2]Due to an administrative error, the number of shares of Class A common stock reported as delivered to the issuer for payment of witholding taxes in the original Form 4 filing on March 30, 2017 was underreported. This amendment is being filed solely to correct the affected line in Table I.
- [F3]In the reorganization(the "Reorganization") of Hamilton Lane Advisors, L.L.C. ("HLA") in connection with the Issuer's initial public offering (the "IPO"), shares of the Class B common stock of the Issuer, par value $0.001 per share, were issued and sold at par value to certain persons who held voting interests in HLA prior to the Reorganization. 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]Held on behalf of the reporting person by HL Management Investors, LLC.
- [F5]Pursuant to an Exchange Agreement entered into in connection with the Reorganization, the Class B Units and Class C 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 and Class C Units of HLA do not have an expiration date.
Documents
Issuer
Hamilton Lane INC
CIK 0001433642
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001433642
Filing Metadata
- Form type
- 4/A
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 4:56 PM ET
- Size
- 10.7 KB