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Rysaffe Trustee Co (CI) Ltd 4

Accession 0001433642-20-000081

CIK 0001433642other

Filed

Jun 8, 8:00 PM ET

Accepted

Jun 9, 4:49 PM ET

Size

9.8 KB

Accession

0001433642-20-000081

Insider Transaction Report

Form 4
Period: 2020-06-05
Transactions
  • Sale

    Class A Common Stock

    2020-06-05$70.09/sh65,000$4,555,850785,015 total
Holdings
  • Class B Common Stock

    7
  • Class B Units

    (indirect: See footnote)
    Class A Common Stock (7 underlying)
    7
Transactions
  • Sale

    Class A Common Stock

    2020-06-05$70.09/sh65,000$4,555,850785,015 total
Holdings
  • Class B Units

    (indirect: See footnote)
    Class A Common Stock (7 underlying)
    7
  • Class B Common Stock

    7
Footnotes (4)
  • [F1]Sold by the reporting person in a registered underwritten offering pursuant to an underwriting agreement dated June 2, 2020.
  • [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]Pursuant to an Exchange Agreement entered into in connection with a reorganization incident to the Issuer's initial public offering (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.
  • [F4]The securities reported are owned indirectly by the Trust through HLA Investments, LLC.

Issuer

Hamilton Lane INC

CIK 0001433642

Entity typeother
IncorporatedCayman Islands

Related Parties

1
  • filerCIK 0001699649

Filing Metadata

Form type
4
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 4:49 PM ET
Size
9.8 KB