Andrea Anigati Kramer - 14 Mar 2025 Form 4 Insider Report for Hamilton Lane INC (HLNE)

Reporting relationship: Chief Operating Officer, 10%+ Owner
Issuer ticker: HLNE
Reported as of: 14 Mar 2025
Net transaction value: -$146,128
SEC form: 4
Accepted by SEC: 18 Mar 2025, 16:41:49 UTC
Prior SEC filing: 18 Sep 2024
Next SEC filing: 18 Sep 2025
Source filing: View source filing
Reporting owner signature: /s/ Lauren Platko, attorney-in-fact

Key filing fact

Andrea Anigati Kramer filed Form 4 for Hamilton Lane INC (HLNE) on 18 Mar 2025.

Key facts

This page summarizes Andrea Anigati Kramer's Form 4 filing for Hamilton Lane INC (HLNE).
4 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 18 Mar 2025, 16:41.

Change

Previous filing in this sequence was filed on 18 Sep 2024.
Current net transaction value: -$146,128.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HLNE transaction

Class A Common Stock

Award

Transaction value: $3,721
Shares: +26
Change %: +0.04%
Price: $143.13
Shares after: 62,111
Date: 30 Sep 2024
Ownership: Direct
Footnotes: F1

HLNE transaction

Class A Common Stock

Award

Transaction value: $5,285
Shares: +42
Change %: +0.07%
Price: $125.84
Shares after: 62,153
Date: 31 Dec 2024
Ownership: Direct
Footnotes: F1

HLNE transaction

Class A Common Stock

Award

Transaction value: $0
Shares: +3,001
Change %: +4.8%
Price: $0.000000
Shares after: 65,154
Date: 14 Mar 2025
Ownership: Direct
Footnotes: F2

HLNE transaction

Class A Common Stock

Tax liability

Transaction value: $155,135
Shares: -1,116
Change %: -1.7%
Price: $139.01
Shares after: 64,038
Date: 14 Mar 2025
Ownership: Direct
Footnotes: F3

HLNE holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 17,913
Date: 14 Mar 2025
Ownership: See footnote.
Footnotes: F4

HLNE holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 135,970
Date: 14 Mar 2025
Ownership: Direct
Footnotes: F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HLNE holding Derivative

Performance Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,435
Date: 14 Mar 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,435
Exercise price
Footnotes: F6

HLNE holding Derivative

Performance Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,044
Date: 14 Mar 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 13,044
Exercise price
Footnotes: F7

HLNE holding Derivative

Class B Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 135,970
Date: 14 Mar 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 135,970
Exercise price
Footnotes: F8, F9

HLNE holding Derivative

Class C Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 195,317
Date: 14 Mar 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 195,317
Exercise price
Footnotes: F8, F9

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).

Footnote F2

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.

Footnote F3

Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.

Footnote F4

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.

Footnote F5

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 F6

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.

Footnote 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.

Footnote F8

Pursuant to an Exchange Agreement entered into 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.

Footnote F9

Held on behalf of the reporting person by HL Management Investors, LLC.

SEC remarks

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.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. to update or revoke optional consent for future visits. For more information, see our Privacy Policy .