Oakville Number 2 Trust 4
4 · Hamilton Lane INC · Filed Sep 8, 2025
Insider Transaction Report
Form 4
French River 5 Ltd
10% Owner
Transactions
- Sale
Class A Common Stock
2025-09-04$146.51/sh−150,000$21,976,500→ 330,015 total
Holdings
- 7
Class B Common Stock
- 7(indirect: See Footnote)
Class B Units
→ Class A Common Stock (7 underlying)
Footnotes (4)
- [F1]Sold by the reporting person in a registered underwritten offering pursuant to an underwriting agreement dated September 4, 2025.
- [F2]The Issuer 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.