Rogers Hartley R. 4
4 · Hamilton Lane INC · Filed Mar 16, 2022
Insider Transaction Report
Form 4
Rogers Hartley R.
DirectorExecutive Co-Chairman10% Owner
Transactions
- Tax Payment
Class A Common Stock
2022-03-14$75.78/sh−2,801$212,260→ 11,971 total
Holdings
- 7,300,667(indirect: See footnote)
Class B Common Stock
- 7,300,667(indirect: See footnote)
Class B Units
→ Class A Common Stock (7,300,667 underlying)
Footnotes (4)
- [F1]Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.
- [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. 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.
- [F3]These securities are owned directly by HLAI. Mr. Rogers is the manager of HRHLA, the managing member of HLAI.
- [F4]Pursuant to 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.