Hamilton Lane INC — Director's Dealing 2018

Dec 14, 2018

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Hamilton Lane INC (HLNE)
CIK: 0001433642
Period of Report: 2018-12-13

Reporting Person: Giannini Kyera (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	363648	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Units	$		Class A Common Stock (363648.0)		Direct

Footnotes

F1: 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.

F2: Upon termination of the 2008 Grantor Retained Annuity Trust of Mario Giannini, half of the trust's holdings were transferred to the reporting person as beneficiary, including 363,648 shares of Class B common stock and 363,648 Class B Units. On December 13, 2018, the reporting person became a member of a group that beneficially owns more than 10% of the Issuer's Class A common stock.

F3: Pursuant to an Exchange Agreement entered into 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.