SEXTON O GRIFFITH 4
4 · Hamilton Lane INC · Filed Nov 13, 2017
Insider Transaction Report
Form 4
SEXTON O GRIFFITH
Director10% Owner
Transactions
- Award
Class A Common Stock
2017-11-09+6,254→ 6,254 total
Holdings
- 1,191,233(indirect: See footnote)
Class B Common Stock
- 1,191,233(indirect: See footnote)
Class B Units
→ Class A Common Stock (1,191,233 underlying) - 1,191,233(indirect: See footnote)
Class B Common Stock
- 1,191,233(indirect: See footnote)
Class B Units
→ Class A Common Stock (1,191,233 underlying)
Footnotes (4)
- [F1]Represents the number of shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan in consideration of the reporting person's service on the board of directors of the Issuer. The shares vest one year from the transaction date.
- [F2]The securities reported in this row are owned indirectly by The 2008 Sexton Des. Trust FBO Matthew Sexton through HLA Investments, LLC. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust.
- [F3]The securities reported in this row are owned indirectly by The 2008 Sexton Des. Trust FBO Laura Sexton through HLA Investments, LLC. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust.
- [F4]In the Reorganization, the voting interests of HLA held prior to the IPO were converted into Class B Units and the non-voting interests of HLA were converted into Class C Units. 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.