Key facts
- This page summarizes Barbara Sexton's Form 4 filing for Hamilton Lane INC (HLNE).
- 4 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 14 Sep 2021, 16:30.
Barbara Sexton - 10 Sep 2021 Form 4 Insider Report for Hamilton Lane INC (HLNE)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- HLNE
- Reported as of
- 10 Sep 2021
- Net transaction value
- -$8,415,100
- Reporting owner signature
- /s/ Lauren Platko, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Barbara Sexton filed Form 4 for Hamilton Lane INC (HLNE) on 14 Sep 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$8,415,100.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
HLNE
transaction
Class B Common Stock
Other
- Transaction value
- $50
- Shares
- -50,000
- Change %
- -12%
- Price
- $0.001000*
- Shares after
- 366,233
- Date
- 10 Sep 2021
- Ownership
- Direct
- Footnotes
- F1, F2, F3
HLNE
transaction
Class B Common Stock
Other
- Transaction value
- $50
- Shares
- -50,000
- Change %
- -12%
- Price
- $0.001000*
- Shares after
- 366,233
- Date
- 10 Sep 2021
- Ownership
- Direct
- Footnotes
- F1, F2, F4
HLNE
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 12,858
- Date
- 10 Sep 2021
- Ownership
- Direct
- Footnotes
- F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
HLNE
transaction
Derivative
Class B Units
Other
- Transaction value
- $4,207,500
- Shares
- -50,000
- Change %
- -12%
- Price
- $84.15
- Shares after
- 366,233
- Date
- 10 Sep 2021
- Ownership
- By the 2008 Sexton Des. Trust FBO Laura Sexton
- Underlying class
- Class A Common Stock
- Underlying amount
- 50,000
- Exercise price
- Footnotes
- F1, F6, F7
HLNE
transaction
Derivative
Class B Units
Other
- Transaction value
- $4,207,500
- Shares
- -50,000
- Change %
- -12%
- Price
- $84.15
- Shares after
- 366,233
- Date
- 10 Sep 2021
- Ownership
- By the 2008 Sexton Des. Trust FBO Matthew Sexton
- Underlying class
- Class A Common Stock
- Underlying amount
- 50,000
- Exercise price
- Footnotes
- F1, F6, F8
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 8 footnotes
Footnote F1
The 2008 Sexton Des. Trust FBO Laura Sexton (the "Laura Sexton Trust") and The 2008 Sexton Des. Trust FBO Matthew Sexton (the "Matthew Sexton Trust") each 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, each exchange was settled in cash.
Footnote F2
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.
Footnote F3
The securities reported in this row are owned by the Laura Sexton Trust. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust.
Footnote F4
The securities reported in this row are owned by the Matthew Sexton Trust. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust.
Footnote F5
The securities reported in this row are owned directly by Mr. Sexton.
Footnote F6
Pursuant to the Exchange Agreement, the Class B Units of Hamilton Lane Advisors, L.L.C. 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 do not have an expiration date.
Footnote F7
The securities reported in this row are owned indirectly by the Laura Sexton Trust through HLA Investments, LLC. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust.
Footnote F8
The securities reported in this row are owned indirectly by the Matthew Sexton Trust through HLA Investments, LLC. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust.
SEC remarks
This Form is filed by (i) Mr. O. Griffith Sexton, (ii) Mrs. Barbara Sexton, (iii) the Laura Sexton Trust, and (iv) the Matthew Sexton Trust ((iii) and (iv) together, the "Trusts"). Mr. and Mrs. Sexton serve as trustees of each Trust. The Trusts are members of a group that beneficially owns more than 10% of the Issuer's Class A common stock. Mr. Sexton is also a director of the Issuer.