0001433642-24-000030.txt : 20240311
0001433642-24-000030.hdr.sgml : 20240311
20240311172940
ACCESSION NUMBER: 0001433642-24-000030
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240307
FILED AS OF DATE: 20240311
DATE AS OF CHANGE: 20240311
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Whittemore Edward B.
CENTRAL INDEX KEY: 0001698930
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38021
FILM NUMBER: 24739279
MAIL ADDRESS:
STREET 1: 110 WASHINGTON STREET
STREET 2: SUITE 1300
CITY: CONSHOHOCKEN
STATE: PA
ZIP: 19428
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Hamilton Lane INC
CENTRAL INDEX KEY: 0001433642
STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 262482738
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 110 WASHINGTON STREET
STREET 2: SUITE 1300
CITY: CONSHOHOCKEN
STATE: PA
ZIP: 19428
BUSINESS PHONE: (610) 934-2222
MAIL ADDRESS:
STREET 1: 110 WASHINGTON STREET
STREET 2: SUITE 1300
CITY: CONSHOHOCKEN
STATE: PA
ZIP: 19428
4
1
wk-form4_1710192566.xml
FORM 4
X0508
4
2024-03-07
0
0001433642
Hamilton Lane INC
HLNE
0001698930
Whittemore Edward B.
C/O HAMILTON LANE INCORPORATED
110 WASHINGTON STREET, SUITE 1300
CONSHOHOCKEN
PA
19428
0
0
1
0
0
Class B Common Stock
2024-03-07
4
J
0
10000
0.001
D
120000
D
Class B Units
2024-03-07
4
J
0
10000
108
D
Class A Common Stock
10000
120000
I
See footnote
The reporting person 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, the exchange was settled in cash.
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.
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.
Held on behalf of the reporting person by HLA Investments, LLC.
The reporting person is a member of a group that beneficially owns more than 10% of the Issuer's Class A common stock.
/s/ Lauren Platko, attorney-in-fact
2024-03-11