HLNE

SEC source: 0001433642-22-000050 · wf-form4_166370529438979.xml · nonDerivative · entry 1

SEXTON O GRIFFITH · CIK 0001338580 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,414

F1 · shares: Represents the number of shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's Amended and Restated 2017 Equity Incentive Plan in consideration of the reporting person's service on the board of directors of the Issuer. The shares vest one year from the transaction date.

F1 · price: Represents the number of shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's Amended and Restated 2017 Equity Incentive Plan in consideration of the reporting person's service on the board of directors of the Issuer. The shares vest one year from the transaction date.

SEC source: 0001433642-22-000049 · wf-form4_166370527328563.xml · nonDerivative · entry 1

VARON LESLIE F · CIK 0001207403 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,849

F1 · shares: Represents the number of shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's Amended and Restated 2017 Equity Incentive Plan in consideration of the reporting person's service on the board of directors of the Issuer. The shares vest one year from the transaction date.

F1 · price: Represents the number of shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's Amended and Restated 2017 Equity Incentive Plan in consideration of the reporting person's service on the board of directors of the Issuer. The shares vest one year from the transaction date.

SEC source: 0001433642-22-000040 · wf-form4_166214928069297.xml · nonDerivative · entry 2

Delgado-Moreira Juan · CIK 0001698040 · Vice Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,250,167

F2 · price: The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $68.58 to $69.50, inclusive.

SEC source: 0001433642-22-000040 · wf-form4_166214928069297.xml · nonDerivative · entry 1

Delgado-Moreira Juan · CIK 0001698040 · Vice Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,247,518

F1 · price: The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $69.06 to $69.50, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.

SEC source: 0001433642-22-000052 · wf-form4_166370532578296.xml · nonDerivative · entry 2

Varma Atul · CIK 0001502623 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,328

F1 · kind: These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).

SEC source: 0001433642-23-000029 · wf-form4_167899733686148.xml · nonDerivative · entry 2

Donohue Michael T. · CIK 0001698304 · Managing Director & Controller · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,358

F1 · kind: These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).

SEC source: 0001433642-22-000020 · wf-form4_164968348627591.xml · nonDerivative · entry 1

Delgado-Moreira Juan · CIK 0001698040 · Vice Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,235,167

F1 · kind: Shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan. The shares vest in equal installments over the next four years.

SEC source: 0001433642-22-000052 · wf-form4_166370532578296.xml · nonDerivative · entry 1

Varma Atul · CIK 0001502623 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,236

F1 · kind: These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).

SEC source: 0001433642-23-000029 · wf-form4_167899733686148.xml · nonDerivative · entry 1

Donohue Michael T. · CIK 0001698304 · Managing Director & Controller · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,266

F1 · kind: These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).

SEC source: 0001433642-22-000013 · wf-form4_164746190843286.xml · nonDerivative · entry 2

Gavalis Lydia · CIK 0001698058 · General Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,931

F2 · kind: Shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan. The shares vest in four equal annual installments.

SEC source: 0001433642-22-000013 · wf-form4_164746190843286.xml · nonDerivative · entry 1

Gavalis Lydia · CIK 0001698058 · General Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,753

F1 · kind: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.

SEC source: 0001433642-22-000012 · wf-form4_164746188599163.xml · nonDerivative · entry 2

Hirsch Erik R. · CIK 0001698098 · Director · Vice Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,007

F2 · kind: Shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan. The shares vest in four equal annual installments.

SEC source: 0001433642-22-000012 · wf-form4_164746188599163.xml · nonDerivative · entry 1

Hirsch Erik R. · CIK 0001698098 · Director · Vice Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,037

F1 · kind: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.

SEC source: 0001433642-22-000016 · wf-form4_164746197086355.xml · nonDerivative · entry 4

Donohue Michael T. · CIK 0001698304 · Managing Director & Controller · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,186

F3 · kind: Shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan. The shares vest in four equal annual installments.

SEC source: 0001433642-22-000016 · wf-form4_164746197086355.xml · nonDerivative · entry 3

Donohue Michael T. · CIK 0001698304 · Managing Director & Controller · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,948

F2 · kind: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.

SEC source: 0001433642-22-000014 · wf-form4_164746192767139.xml · nonDerivative · entry 1

Rogers Hartley R. · CIK 0001577084 · Director · Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,971

F1 · kind: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.

SEC source: 0001433642-22-000018 · wf-form4_164754948463970.xml · nonDerivative · entry 6

Varma Atul · CIK 0001502623 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,157

F3 · kind: Shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan. The shares vest in four equal annual installments.

F3 · price: Shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan. The shares vest in four equal annual installments.

SEC source: 0001433642-22-000018 · wf-form4_164754948463970.xml · nonDerivative · entry 5

Varma Atul · CIK 0001502623 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,187

F2 · kind: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock award.

SEC source: 0001433642-22-000016 · wf-form4_164746197086355.xml · nonDerivative · entry 2

Donohue Michael T. · CIK 0001698304 · Managing Director & Controller · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,389

F1 · kind: These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).

SEC source: 0001433642-22-000018 · wf-form4_164754948463970.xml · nonDerivative · entry 4

Varma Atul · CIK 0001502623 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,450

F1 · kind: These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).

SEC source: 0001433642-22-000016 · wf-form4_164746197086355.xml · nonDerivative · entry 1

Donohue Michael T. · CIK 0001698304 · Managing Director & Controller · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,328

F1 · kind: These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).

SEC source: 0001433642-22-000018 · wf-form4_164754948463970.xml · nonDerivative · entry 3

Varma Atul · CIK 0001502623 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,389

F1 · kind: These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).

SEC source: 0001433642-21-000135 · wf-form4_163190966151866.xml · nonDerivative · entry 1

Graves Reynoldo Vann · CIK 0001851033 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 511

F1 · shares: Represents the number of shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan, as amended, in consideration of the reporting person's service on the board of directors of the Issuer. The shares vest one year from the transaction date.

F1 · price: Represents the number of shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan, as amended, in consideration of the reporting person's service on the board of directors of the Issuer. The shares vest one year from the transaction date.

SEC source: 0001433642-21-000134 · wf-form4_163190962220982.xml · nonDerivative · entry 1

VARON LESLIE F · CIK 0001207403 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,593

F1 · shares: Represents the number of shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan, as amended, in consideration of the reporting person's service on the board of directors of the Issuer. The shares vest one year from the transaction date.

F1 · price: Represents the number of shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan, as amended, in consideration of the reporting person's service on the board of directors of the Issuer. The shares vest one year from the transaction date.

SEC source: 0001433642-21-000133 · wf-form4_163190958499665.xml · nonDerivative · entry 1

SEXTON O GRIFFITH · CIK 0001338580 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,902

F1 · shares: Represents the number of shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan, as amended, in consideration of the reporting person's service on the board of directors of the Issuer. The shares vest one year from the transaction date.

F1 · price: Represents the number of shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan, as amended, in consideration of the reporting person's service on the board of directors of the Issuer. The shares vest one year from the transaction date.

SEC source: 0001433642-21-000125 · wf-form4_163165140930827.xml · derivative · entry 4

HLA INVESTMENTS LLC · CIK 0001273303 · 10% owner

HRHLA, LLC · CIK 0001698063 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 7,300,667

Underlying: Class A Common Stock · 488,400 shares

Expires not disclosed

F5 · derivative.exercise_price: Pursuant to the Exchange Agreement, the Class B Units of 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 do not have an expiration date.

F3 · kind: Hartley Rogers is the manager of HRHLA, which in turn is the managing member of HLAI. Mr. Rogers and a charitable entity that received a gift of Class B Units from Mr. Rogers each exchanged Class B Units (and corresponding shares of Class B common stock) with the Issuer pursuant to the Exchange Agreement. At the Issuer's election, the exchange was settled in cash.

F5 · derivative.exercise_date: Pursuant to the Exchange Agreement, the Class B Units of 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 do not have an expiration date.

F5 · derivative.expiration_date: Pursuant to the Exchange Agreement, the Class B Units of 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 do not have an expiration date.

F4 · ownership.nature: This row reports securities beneficially owned indirectly by HRHLA through its ownership of HLAI.

SEC source: 0001433642-21-000125 · wf-form4_163165140930827.xml · derivative · entry 3

HLA INVESTMENTS LLC · CIK 0001273303 · 10% owner

HRHLA, LLC · CIK 0001698063 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,328,657

Underlying: Class A Common Stock · 593,400 shares

Expires not disclosed

F5 · derivative.exercise_price: Pursuant to the Exchange Agreement, the Class B Units of 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 do not have an expiration date.

F1 · kind: The following individuals, who are members of HLA Investments, LLC ("HLAI") and beneficially own Class A common stock of the Issuer through HLAI, exchanged Class B Units of Hamilton Lane Advisors, L.L.C. ("HLA") and corresponding shares of Class B common stock with the Issuer 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 "Exchange Agreement"): Hartley Rogers (through HRHLA, LLC ("HRHLA")), the 2008 Sexton Des. Trust FBO Laura Sexton, the 2008 Sexton Des. Trust FBO Matthew Sexton and Edward Whittemore. At the Issuer's election, the exchanges were settled in cash.

F5 · derivative.exercise_date: Pursuant to the Exchange Agreement, the Class B Units of 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 do not have an expiration date.

F5 · derivative.expiration_date: Pursuant to the Exchange Agreement, the Class B Units of 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 do not have an expiration date.

F2 · ownership.direct: The Class B common stock is owned directly by the HLAI member that beneficially owns the corresponding Class B Units.

SEC source: 0001433642-21-000125 · wf-form4_163165140930827.xml · nonDerivative · entry 2

HLA INVESTMENTS LLC · CIK 0001273303 · 10% owner

HRHLA, LLC · CIK 0001698063 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 7,300,667

F3 · kind: Hartley Rogers is the manager of HRHLA, which in turn is the managing member of HLAI. Mr. Rogers and a charitable entity that received a gift of Class B Units from Mr. Rogers each exchanged Class B Units (and corresponding shares of Class B common stock) with the Issuer pursuant to the Exchange Agreement. At the Issuer's election, the exchange was settled in cash.

F4 · ownership.nature: This row reports securities beneficially owned indirectly by HRHLA through its ownership of HLAI.

SEC source: 0001433642-21-000125 · wf-form4_163165140930827.xml · nonDerivative · entry 1

HLA INVESTMENTS LLC · CIK 0001273303 · 10% owner

HRHLA, LLC · CIK 0001698063 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,328,657

F1 · kind: The following individuals, who are members of HLA Investments, LLC ("HLAI") and beneficially own Class A common stock of the Issuer through HLAI, exchanged Class B Units of Hamilton Lane Advisors, L.L.C. ("HLA") and corresponding shares of Class B common stock with the Issuer 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 "Exchange Agreement"): Hartley Rogers (through HRHLA, LLC ("HRHLA")), the 2008 Sexton Des. Trust FBO Laura Sexton, the 2008 Sexton Des. Trust FBO Matthew Sexton and Edward Whittemore. At the Issuer's election, the exchanges were settled in cash.

F2 · ownership.direct: The Class B common stock is owned directly by the HLAI member that beneficially owns the corresponding Class B Units.

SEC source: 0001433642-21-000126 · wf-form4_163165147240435.xml · nonDerivative · entry 1

Delgado-Moreira Juan · CIK 0001698040 · Vice Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,227,919

F1 · kind: Sold by the reporting person in a registered underwritten offering pursuant to an underwriting agreement dated September 7, 2021.

SEC source: 0001433642-21-000129 · wf-form4_163165152443280.xml · derivative · entry 5

Rogers Hartley R. · CIK 0001577084 · Director · Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 7,300,667

Underlying: Class A Common Stock · 238,400 shares

Expires not disclosed

F6 · derivative.exercise_price: 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.

F4 · kind: The reporting person exchanged Class B Units (and corresponding shares of Class B common stock) with the Issuer pursuant to the Exchange Agreement. At the Issuer's election, the exchange was settled in cash.

F6 · derivative.exercise_date: 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.

F6 · derivative.expiration_date: 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.

F3 · ownership.nature: These securities are owned directly by HLAI. Mr. Rogers is the manager of HRHLA, the managing member of HLAI.

SEC source: 0001433642-21-000129 · wf-form4_163165152443280.xml · nonDerivative · entry 3

Rogers Hartley R. · CIK 0001577084 · Director · Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,772

F5 · kind: Sold by the reporting person in a registered underwritten offering pursuant to an underwriting agreement dated September 7, 2021.

SEC source: 0001433642-21-000129 · wf-form4_163165152443280.xml · nonDerivative · entry 2

Rogers Hartley R. · CIK 0001577084 · Director · Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 7,300,667

F4 · kind: The reporting person exchanged Class B Units (and corresponding shares of Class B common stock) with the Issuer pursuant to the Exchange Agreement. At the Issuer's election, the exchange was settled in cash.

F2 · balance_after: 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. These securities are owned directly by HLA Investments, LLC ("HLAI"). The reporting person is the manager of HRHLA, LLC ("HRHLA"), the managing member of HLAI.

F3 · ownership.nature: These securities are owned directly by HLAI. Mr. Rogers is the manager of HRHLA, the managing member of HLAI.

SEC source: 0001433642-21-000128 · wf-form4_163165150743017.xml · derivative · entry 4

Donohue Michael T. · CIK 0001698304 · Managing Director & Controller · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 3,204

Underlying: Class A Common Stock · 5,000 shares

Expires not disclosed

F3 · derivative.exercise_price: Pursuant to an Exchange Agreement entered into in connection with a reorganization incident to the Issuer's initial public offering (the "Exchange Agreement"), the Class B Units and Class C 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 and Class C Units of HLA do not have an expiration date.

F4 · kind: The reporting person exchanged Class C Units with the Issuer pursuant to the Exchange Agreement. At the Issuer's election, the exchange was settled in cash.

F3 · derivative.exercise_date: Pursuant to an Exchange Agreement entered into in connection with a reorganization incident to the Issuer's initial public offering (the "Exchange Agreement"), the Class B Units and Class C 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 and Class C Units of HLA do not have an expiration date.

F3 · derivative.expiration_date: Pursuant to an Exchange Agreement entered into in connection with a reorganization incident to the Issuer's initial public offering (the "Exchange Agreement"), the Class B Units and Class C 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 and Class C Units of HLA do not have an expiration date.

F5 · ownership.nature: Held on behalf of the reporting person by HL Management Investors, LLC.

SEC source: 0001433642-21-000127 · wf-form4_163165149277077.xml · derivative · entry 2

Whittemore Edward B. · CIK 0001698930 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 130,000

Underlying: Class A Common Stock · 5,000 shares

Expires not disclosed

F3 · derivative.exercise_price: 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.

F1 · kind: 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.

F3 · derivative.exercise_date: 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.

F3 · derivative.expiration_date: 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.

F4 · ownership.nature: Held on behalf of the reporting person by HLA Investments, LLC.

SEC source: 0001433642-21-000127 · wf-form4_163165149277077.xml · nonDerivative · entry 1

Whittemore Edward B. · CIK 0001698930 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 130,000

F1 · kind: 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.

F2 · balance_after: 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.

SEC source: 0001433642-21-000124 · wf-form4_163165138969153.xml · derivative · entry 5

Sexton Barbara · CIK 0001699159 · 10% owner

SEXTON O GRIFFITH · CIK 0001338580 · Director · 10% owner

2008 Sexton Des. Trust FBO Matthew Sexton · CIK 0001698728 · 10% owner

2008 Sexton Des. Trust FBO Laura Sexton · CIK 0001698725 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By the 2008 Sexton Des. Trust FBO Matthew Sexton

Disclosed balance after: 366,233

Underlying: Class A Common Stock · 50,000 shares

Expires not disclosed

F6 · derivative.exercise_price: 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.

F1 · kind: The 2008 Sexton Des. Trust FBO Laura Sexton (the "Laura Sexton Trust") and The 2008 Sexton Des. Trust FBO Matthew Sexton (the "Matthew Sexton Trust") each 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, each exchange was settled in cash.

F6 · derivative.exercise_date: 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.

F6 · derivative.expiration_date: 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.

F8 · ownership.nature: The securities reported in this row are owned indirectly by the Matthew Sexton Trust through HLA Investments, LLC. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust.

SEC source: 0001433642-21-000124 · wf-form4_163165138969153.xml · derivative · entry 4

Sexton Barbara · CIK 0001699159 · 10% owner

SEXTON O GRIFFITH · CIK 0001338580 · Director · 10% owner

2008 Sexton Des. Trust FBO Matthew Sexton · CIK 0001698728 · 10% owner

2008 Sexton Des. Trust FBO Laura Sexton · CIK 0001698725 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By the 2008 Sexton Des. Trust FBO Laura Sexton

Disclosed balance after: 366,233

Underlying: Class A Common Stock · 50,000 shares

Expires not disclosed

F6 · derivative.exercise_price: 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.

F1 · kind: The 2008 Sexton Des. Trust FBO Laura Sexton (the "Laura Sexton Trust") and The 2008 Sexton Des. Trust FBO Matthew Sexton (the "Matthew Sexton Trust") each 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, each exchange was settled in cash.

F6 · derivative.exercise_date: 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.

F6 · derivative.expiration_date: 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.

F7 · ownership.nature: The securities reported in this row are owned indirectly by the Laura Sexton Trust through HLA Investments, LLC. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust.

SEC source: 0001433642-21-000124 · wf-form4_163165138969153.xml · nonDerivative · entry 2

Sexton Barbara · CIK 0001699159 · 10% owner

SEXTON O GRIFFITH · CIK 0001338580 · Director · 10% owner

2008 Sexton Des. Trust FBO Matthew Sexton · CIK 0001698728 · 10% owner

2008 Sexton Des. Trust FBO Laura Sexton · CIK 0001698725 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 366,233

F1 · kind: The 2008 Sexton Des. Trust FBO Laura Sexton (the "Laura Sexton Trust") and The 2008 Sexton Des. Trust FBO Matthew Sexton (the "Matthew Sexton Trust") each 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, each exchange was settled in cash.

F2 · balance_after: 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.

F4 · balance_after: The securities reported in this row are owned by the Matthew Sexton Trust. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust.

SEC source: 0001433642-21-000124 · wf-form4_163165138969153.xml · nonDerivative · entry 1

Sexton Barbara · CIK 0001699159 · 10% owner

SEXTON O GRIFFITH · CIK 0001338580 · Director · 10% owner

2008 Sexton Des. Trust FBO Matthew Sexton · CIK 0001698728 · 10% owner

2008 Sexton Des. Trust FBO Laura Sexton · CIK 0001698725 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 366,233

F1 · kind: The 2008 Sexton Des. Trust FBO Laura Sexton (the "Laura Sexton Trust") and The 2008 Sexton Des. Trust FBO Matthew Sexton (the "Matthew Sexton Trust") each 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, each exchange was settled in cash.

F2 · balance_after: 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.

F3 · balance_after: The securities reported in this row are owned by the Laura Sexton Trust. Mr. Sexton and Mrs. Barbara Sexton serve as trustees of this trust.

SEC source: 0001433642-21-000129 · wf-form4_163165152443280.xml · derivative · entry 4

Rogers Hartley R. · CIK 0001577084 · Director · Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 7,539,067

Underlying: Class A Common Stock · 250,000 shares

Expires not disclosed

F6 · derivative.exercise_price: 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.

F1 · kind: Mr. Rogers gifted Class B Units to a charitable entity on September 6, 2021, which subsequently exchanged such 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.

F6 · derivative.exercise_date: 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.

F6 · derivative.expiration_date: 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.

F3 · ownership.nature: These securities are owned directly by HLAI. Mr. Rogers is the manager of HRHLA, the managing member of HLAI.

SEC source: 0001433642-21-000129 · wf-form4_163165152443280.xml · nonDerivative · entry 1

Rogers Hartley R. · CIK 0001577084 · Director · Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 7,539,067

F1 · kind: Mr. Rogers gifted Class B Units to a charitable entity on September 6, 2021, which subsequently exchanged such 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.

F2 · balance_after: 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. These securities are owned directly by HLA Investments, LLC ("HLAI"). The reporting person is the manager of HRHLA, LLC ("HRHLA"), the managing member of HLAI.

F3 · ownership.nature: These securities are owned directly by HLAI. Mr. Rogers is the manager of HRHLA, the managing member of HLAI.

SEC source: 0001433642-21-000128 · wf-form4_163165150743017.xml · nonDerivative · entry 2

Donohue Michael T. · CIK 0001698304 · Managing Director & Controller · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,255

F1 · kind: These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).

SEC source: 0001433642-22-000018 · wf-form4_164754948463970.xml · nonDerivative · entry 2

Varma Atul · CIK 0001502623 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,316

F1 · kind: These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).

SEC source: 0001433642-21-000087 · wf-form4_162436516871169.xml · nonDerivative · entry 1

Lucey Kevin J. · CIK 0001698398 · Chief Operating Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,039

F1 · kind: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.

SEC source: 0001433642-21-000128 · wf-form4_163165150743017.xml · nonDerivative · entry 1

Donohue Michael T. · CIK 0001698304 · Managing Director & Controller · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,187

F1 · kind: These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).

SEC source: 0001433642-22-000018 · wf-form4_164754948463970.xml · nonDerivative · entry 1

Varma Atul · CIK 0001502623 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,248

F1 · kind: These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).

SEC source: 0001433642-21-000055 · wf-form4_161592813177165.xml · nonDerivative · entry 1

Delgado-Moreira Juan · CIK 0001698040 · Vice Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,289,783

F1 · kind: Shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan. The shares vest in four equal annual installments.

F1 · price: Shares issued to the reporting person pursuant to an award of restricted stock under the Issuer's 2017 Equity Incentive Plan. The shares vest in four equal annual installments.

SEC source: 0001433642-21-000059 · wf-form4_161592825627535.xml · nonDerivative · entry 1

Giannini Mario L · CIK 0001698053 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 96,498

F1 · kind: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.

SEC source: 0001433642-21-000058 · wf-form4_161592820133694.xml · nonDerivative · entry 2

Gavalis Lydia · CIK 0001698058 · General Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,390

F2 · kind: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.