4//SEC Filing
Giannini Mario L 4
Accession 0001433642-19-000130
CIK 0001433642other
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 5:50 PM ET
Size
11.0 KB
Accession
0001433642-19-000130
Insider Transaction Report
Form 4
Giannini Mario L
DirectorExecutive Co-Chairman10% Owner
Transactions
- Other
Class B Common Stock
2019-09-12$0.00/sh−500,000$500→ 1,949,595 total - Other
Class B Units
2019-09-12$60.01/sh−500,000$30,005,000→ 1,949,595 total→ Class A Common Stock (500,000 underlying)
Holdings
- 2,862,736(indirect: See footnote)
Class B Common Stock
- 2,862,736(indirect: See footnote)
Class B Units
→ Class A Common Stock (2,862,736 underlying) - 108,588
Class A Common Stock
Footnotes (4)
- [F1]The reporting person exchanged Class B Units (and corresponding shares of Class B common stock) with the Issuer pursuant to an exchange agreement (the "Exchange Agreement") entered into at the time of and in connection with a reorganization incident to the Issuer's initial public offering. At the Issuer's election, the exchange was settled in cash.
- [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: 2,579,104 securities owned directly by Hamilton Lane Advisors, Inc. and 283,632 securities owned directly by HLA Investments, LLC.
- [F4]Pursuant to an Exchange Agreement entered into in connection with a reorganization incident to the Issuer's initial public offering, the Class B Units of Hamilton Lane Advisors, L.L.C. ("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.
Documents
Issuer
Hamilton Lane INC
CIK 0001433642
Entity typeother
Related Parties
1- filerCIK 0001698053
Filing Metadata
- Form type
- 4
- Filed
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 5:50 PM ET
- Size
- 11.0 KB