Jeffrey Brian Armbrister - 14 Mar 2025 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: 14 Mar 2025
Net transactions value: -$75,760
Form type: 4
Filing time: 18 Mar 2025, 16:55:28 UTC
Previous filing: 18 Sep 2024
Next filing: 18 Sep 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	+2,001	+19%	$0.000000	12,377	14 Mar 2025	Direct	F1
transaction	HLNE	Class A Common Stock	Tax liability	$75,760	-545	-4.4%	$139.01	11,832	14 Mar 2025	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
holding	HLNE	Performance Stock						4,348	14 Mar 2025	Class A Common Stock	4,348		Direct	F3
holding	HLNE	Performance Stock						13,044	14 Mar 2025	Class A Common Stock	13,044		Direct	F4

* 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 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	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.
F4	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.