Whittemore Laurence sold HLNE
September 4, 2025 · Form 4 insider transaction
Whittemore Laurence sold 35,000 shares of Hamilton Lane Incorporated at $0.00 per share, a transaction worth $35.00. The trade was recorded as j and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
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.; 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.