September 4, 2025 · Form 4 insider transaction
HLA INVESTMENTS LLC sold 320,005 shares of HAMILTON LANE INC at $0.00 per share, a transaction worth $320.01. The trade was recorded as j and disclosed on an SEC Form 4, filed 4 days after the transaction.
The following individuals, who are members of HLA Investments, LLC ("HLAI") and beneficially own Class A common stock of the Issuer through HLAI, exchanged Class B Units of Hamilton Lane Advisors, L.L.C. ("HLA") and corresponding shares of Class B common stock with the Issuer pursuant to an exchange agreement entered into at the time of and in connection with a reorganization incident to the Issuer's initial public offering (the "Exchange Agreement"): Hartley Rogers, (through HRHLA, LLC ("HRHLA")), Edward Whittemore, Laurence Whittemore and Michael Schmertzler. At the Issuer's election, the exchanges were settled in cash.; 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.; The Class B common stock is owned directly by the HLAI member that beneficially owns the corresponding Class B Units.