| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HLNE | Class A Common Stock | Award | $0 | +3.53K | +6.68% | $0.00 | 56.4K | Mar 14, 2024 | Direct | F1 |
| transaction | HLNE | Class A Common Stock | Tax liability | -$120K | -1.12K | -1.98% | $107.80 | 55.3K | Mar 14, 2024 | Direct | F2 |
| holding | HLNE | Class A Common Stock | 17.9K | Mar 14, 2024 | See footnote. | F3 | |||||
| holding | HLNE | Class B Common Stock | 136K | Mar 14, 2024 | Direct | F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | HLNE | Class B Units | 136K | Mar 14, 2024 | Class A Common Stock | 136K | See footnote | F5, F6 | ||||||
| holding | HLNE | Class C Units | 195K | Mar 14, 2024 | Class A Common Stock | 195K | See footnote | F5, F6 | ||||||
| holding | HLNE | Performance Stock | 13K | Mar 14, 2024 | Class A Common Stock | 13K | Direct | F7 |
| Id | Content |
|---|---|
| F1 | Shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan. The shares vest in four equal annual installments. |
| F2 | Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards. |
| F3 | The securities reported in this row are owned by The Andrea Anigati IRA Equity Trust Company, d.b.a. Sterling Trust, Custodian FBO Andrea Anigati IRA. Ms. Anigati Kramer serves as the trustee of this trust. |
| F4 | 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. |
| F5 | 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 Class B Units and Class C Units of Hamilton Lane Advisors, L.L.C. ("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 and Class C Units of HLA do not have an expiration date. |
| F6 | Held on behalf of the reporting person by HL Management Investors, LLC. |
| F7 | Each share of performance stock represents a contingent right to receive one share of Class A common stock. The performance stock vests upon the Issuer's Class A common stock achieving a specified price per share. The performance period of the performance stock ends on September 16, 2029. |
In addition to serving as an officer of the Issuer, the reporting person is a member of a group that beneficially owns more than 10% of the Issuer's Class A common stock.