3//SEC Filing
French River 5 Ltd 3
Accession 0001433642-25-000043
CIK 0001433642other
Filed
Apr 24, 8:00 PM ET
Accepted
Apr 25, 5:05 PM ET
Size
22.8 KB
Accession
0001433642-25-000043
Insider Transaction Report
Form 3
French River 5 Ltd
10% Owner
Holdings
- 480,015
Class A Common Stock
- 7
Class B Common Stock
- (indirect: See Footnote)
Class B Units
→ Class A Common Stock (7 underlying)
Footnotes (3)
- [F1]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.
- [F2]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. 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.
- [F3]The securities reported are owned indirectly through HLA Investments, LLC.
Issuer
Hamilton Lane INC
CIK 0001433642
Entity typeother
Related Parties
1- filerCIK 0002065790
Filing Metadata
- Form type
- 3
- Filed
- Apr 24, 8:00 PM ET
- Accepted
- Apr 25, 5:05 PM ET
- Size
- 22.8 KB