Key facts
- This page summarizes Erik R. Hirsch's Form 4 filing for Hamilton Lane INC (HLNE).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 18 Mar 2025, 16:58.
Erik R. Hirsch - 14 Mar 2025 Form 4 Insider Report for Hamilton Lane INC (HLNE)
- Reporting relationship
- Co-Chief Executive Officer, Director, 10%+ Owner
- Issuer ticker
- HLNE
- Reported as of
- 14 Mar 2025
- Net transaction value
- -$470,688
- SEC form
- 4
- Accepted by SEC
- 18 Mar 2025, 16:58:27 UTC
- Prior SEC filing
- 18 Sep 2024
- Next SEC filing
- 24 Feb 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Lauren Platko, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Erik R. Hirsch filed Form 4 for Hamilton Lane INC (HLNE) on 18 Mar 2025.
Change
- Previous filing in this sequence was filed on 18 Sep 2024.
- Current net transaction value: -$470,688.
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
Award
- Transaction value
- $0
- Shares
- +36,001
- Change %
- +41%
- Price
- $0.000000
- Shares after
- 123,661
- Date
- 14 Mar 2025
- Ownership
- Direct
- Footnotes
- F1
HLNE
transaction
Class A Common Stock
Tax liability
- Transaction value
- $470,688
- Shares
- -3,386
- Change %
- -2.7%
- Price
- $139.01
- Shares after
- 120,275
- Date
- 14 Mar 2025
- Ownership
- Direct
- Footnotes
- F2
HLNE
holding
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,109,781
- Date
- 14 Mar 2025
- Ownership
- Direct
- Footnotes
- F3
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
- 544,000
- Date
- 14 Mar 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 544,000
- Exercise price
- Footnotes
- F4
HLNE
holding
Derivative
Class B Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,109,781
- Date
- 14 Mar 2025
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,109,781
- Exercise price
- Footnotes
- F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Shares issued to the reporting person pursuant to awards of restricted stock under the Issuer's 2017 Equity Incentive Plan. The awards included 6,001 shares as part of the Issuer's 2025 annual bonus program and 30,000 shares as part of a previously announced annual share award to the reporting person. The shares vest in four equal annual installments.
Footnote F2
Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.
Footnote F3
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 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, 2031.
Footnote F5
Pursuant to an Exchange Agreement entered into at the time of and in connection with a reorganization incident to the Issuer's initial public offering, the Class B 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 of HLA do not have an expiration date.
Footnote F6
Held on behalf of the reporting person by HL Management Investors, LLC.
SEC remarks
In addition to serving as an officer and director 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.