Hamilton Lane INC

Filing Date

Mar 17, 2026

Transaction Date

Mar 14, 2026

Accession Number

0001698098-26-000003

Form Type

4

Footnotes

1. (F1)Shares delivered to the Issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.
2. (F2)Includes unvested restricted stock granted under the Issuer's 2017 Equity Incentive Plan.
3. (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.
4. (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.
5. (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.
6. (F6)Held on behalf of the reporting person by HL Management Investors, LLC.