Atul Varma - Jan 31, 2024 Form 4 Insider Report for Hamilton Lane INC (HLNE)

Role
Senior Advisor
Signature
/s/ Lauren Platko, attorney-in-fact
Stock symbol
HLNE
Transactions as of
Jan 31, 2024
Transactions value $
-$222,086
Form type
4
Date filed
2/2/2024, 04:09 PM
Previous filing
Aug 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLNE Class A Common Stock Award $5.23K +68 +0.77% $76.87 8.85K Sep 29, 2023 Direct F1
transaction HLNE Class A Common Stock Award $5.3K +55 +0.62% $96.42 8.91K Dec 29, 2023 Direct F1
transaction HLNE Class A Common Stock Tax liability -$233K -1.97K -22.15% $117.90 6.94K Jan 31, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HLNE Performance Stock Disposed to Issuer $0 -6.52K -100% $0.00* 0 Jan 31, 2024 Class A Common Stock 6.52K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Atul Varma is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).
F2 Shares delivered to the Issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.
F3 Each share of performance stock represented a contingent right to receive one share of Class A common stock. The performance stock would have vested upon the Issuer's Class A common stock achieving a specified price per share. The performance period of the performance stock would have ended on September 16, 2029.
F4 The unvested performance stock was forfeited upon Mr. Varma's termination of service with the Issuer on January 31, 2024.