Rogers Hartley R. 4
4 · Hamilton Lane INC · Filed Feb 14, 2025
Insider Transaction Report
Form 4
Rogers Hartley R.
DirectorExecutive Co-Chairman10% Owner
Transactions
- Other
Class B Units
2025-02-12$159.00/sh−139,745$22,219,455→ 6,760,922 total(indirect: See footnote)→ Class A Common Stock (139,745 underlying) - Other
Class B Common Stock
2025-02-12$0.00/sh−139,745$140→ 6,760,922 total(indirect: See footnote) - Sale
Class A Common Stock
2025-02-12$159.00/sh−10,255$1,630,545→ 0 total
Footnotes (5)
- [F1]Sold by the reporting person in a registered underwritten offering pursuant to an underwriting agreement dated February 10, 2025.
- [F2]The reporting person exchanged Class B Units (and corresponding shares of Class B common stock) with the Issuer pursuant to an exchange agreement (the "Exchange Agreement") entered into at the time of and in connection with a reorganization incident to the Issuer's initial public offering. At the Issuer's election, the exchange was settled in cash.
- [F3]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.
- [F4]These securities are owned directly by HLAI. Mr. Rogers is the manager of HRHLA, the managing member of HLAI.
- [F5]Pursuant to the Exchange Agreement, the Class B Units of 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 do not have an expiration date.