Key facts
- This page summarizes Oakville Number 2 Trust's Form 4 filing for Hamilton Lane INC (HLNE).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 11 Mar 2024, 17:29.
Oakville Number 2 Trust - 07 Mar 2024 Form 4 Insider Report for Hamilton Lane INC (HLNE)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- HLNE
- Reported as of
- 07 Mar 2024
- Net transaction value
- -$5,940,000
- SEC form
- 4
- Accepted by SEC
- 11 Mar 2024, 17:29:23 UTC
- Prior SEC filing
- 09 Mar 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Lauren Platko, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Oakville Number 2 Trust filed Form 4 for Hamilton Lane INC (HLNE) on 11 Mar 2024.
Change
- Previous filing in this sequence was filed on 09 Mar 2023.
- Current net transaction value: -$5,940,000.
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 A Common Stock
Sale
- Transaction value
- $5,940,000
- Shares
- -55,000
- Change %
- -10%
- Price
- $108.00
- Shares after
- 480,015
- Date
- 07 Mar 2024
- Ownership
- Direct
- Footnotes
- F1
HLNE
holding
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 7
- Date
- 07 Mar 2024
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
HLNE
holding
Derivative
Class B Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 7
- Date
- 07 Mar 2024
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 7
- Exercise price
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Sold by the reporting person in a registered underwritten offering pursuant to an underwriting agreement dated March 4, 2024.
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
Pursuant to an Exchange Agreement entered into in connection with a reorganization incident to the Issuer's initial public offering (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 F4
The securities reported are owned indirectly by Oakville Number 2 Trust ("Trust") through HLA Investments, LLC.
SEC remarks
This Form is filed by (i) the Trust and (ii) Rysaffe Trustee Company (CI) Limited ("Trustee"). The Trustee is the trustee of the Trust, and the Trust is a member of a group that beneficially owns more than 10% of the Issuer's Class A common stock.