Jeffrey Brian Armbrister - 16 Sep 2024 Form 4 Insider Report for Hamilton Lane INC (HLNE)

Role: Chief Financial Officer
Signature: /s/ Lauren Platko, attorney-in-fact
Issuer symbol: HLNE
Transactions as of: 16 Sep 2024
Net transactions value: $0
Form type: 4
Filing time: 18 Sep 2024, 16:50:50 UTC
Previous filing: 18 Mar 2024
Next filing: 18 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HLNE	Class A Common Stock	Award	$0	+3,342	+48%	$0.000000	10,376	16 Sep 2024	Direct	F1

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	Award	$0	+4,348		$0.000000	4,348	16 Sep 2024	Class A Common Stock	4,348		Direct	F2
holding	HLNE	Performance Stock						13,044	16 Sep 2024	Class A Common Stock	13,044		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's Amended and Restated 2017 Equity Incentive Plan. The shares vest in four equal annual installments.
F2	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, 2031.
F3	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.