Donohue Michael T. 4
4 · Hamilton Lane INC · Filed Mar 16, 2022
Insider Transaction Report
Form 4
Donohue Michael T.
Managing Director & Controller
Transactions
- Award
Class A Common Stock
2021-12-31$88.08/sh+61$5,373→ 30,389 total - Award
Class A Common Stock
2022-03-14+1,238→ 31,186 total - Award
Class A Common Stock
2021-09-30$72.10/sh+73$5,263→ 30,328 total - Tax Payment
Class A Common Stock
2022-03-14$75.78/sh−441$33,419→ 29,948 total
Holdings
- 26,819(indirect: See footnote)
Class B Units
→ Class A Common Stock (26,819 underlying) - 3,204(indirect: See footnote)
Class C Units
→ Class A Common Stock (3,204 underlying) - 26,819
Class B Common Stock
Footnotes (6)
- [F1]These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).
- [F2]Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.
- [F3]Shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan. The shares vest in four equal annual installments.
- [F4]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.
- [F5]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 and Class C 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 and Class C Units of HLA do not have an expiration date.
- [F6]Held on behalf of the reporting person by HL Management Investors, LLC.