Hamilton Lane INC — Director's Dealing 2017

May 25, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Hamilton Lane INC (HLNE)
CIK: 0001433642
Period of Report: 2017-05-23

Reporting Person: Delgado-Moreira Juan (Managing Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-23	Class A Common Stock	M	233495	$1.34	Acquired	1821310	Direct
2017-05-23	Class A Common Stock	F	33251	$19.97	Disposed	1788059	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-23	Employee Stock Option (right to buy)	$1.34	M	233495	Disposed	2017-06-01	Class A Common Stock (233495.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Restricted Class A Common Stock	1614363	Direct

Footnotes

F1: Represents the number of shares delivered to the Issuer in addition to cash for the payment of withholding taxes and the option exercise price in connection with the option exercise.