Hamilton Lane Inc. Executive Compensation Revealed
Ticker: HLNE · Form: DEF 14A · Filed: Jul 25, 2024 · CIK: 1433642
| Field | Detail |
|---|---|
| Company | Hamilton Lane Inc (HLNE) |
| Form Type | DEF 14A |
| Filed Date | Jul 25, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, DEF-14A, governance
Related Tickers: HLNE
TL;DR
Hamilton Lane's exec pay details out for FY24, check out Giannini, Hirsch, DelgadoMoreira.
AI Summary
Hamilton Lane Inc. filed its DEF 14A on July 25, 2024, detailing executive compensation for the fiscal year ending March 31, 2024. The filing includes information on compensation for key individuals such as Mr. Giannini, Mr. Hirsch, and Mr. DelgadoMoreira, as well as equity awards. This document is crucial for understanding how the company's leadership is compensated and incentivized.
Why It Matters
This filing provides transparency into the compensation packages of Hamilton Lane's top executives, which can influence investor decisions and perceptions of company governance.
Risk Assessment
Risk Level: medium — DEF 14A filings are standard disclosures for public companies regarding executive compensation and annual meetings, carrying inherent risks related to governance and shareholder proposals.
Key Numbers
- 20240331 — Fiscal Year End (Reporting period for compensation details.)
- 20240725 — Filing Date (Date the DEF 14A was submitted to the SEC.)
Key Players & Entities
- Hamilton Lane Inc. (company) — Filer
- Mr. Giannini (person) — Executive
- Mr. Hirsch (person) — Executive
- Mr. DelgadoMoreira (person) — Executive
FAQ
What is the total compensation for the named executive officers for the fiscal year ending March 31, 2024?
The filing provides a summary compensation table, but specific total dollar amounts for each named executive officer for the fiscal year ending March 31, 2024, are not explicitly listed in the provided text snippet. Further details would be in the full document.
Who are the key individuals whose compensation is detailed in this filing?
The key individuals mentioned in relation to compensation and equity awards include Mr. Giannini, Mr. Hirsch, and Mr. DelgadoMoreira.
What type of compensation is detailed for the executives?
The filing details equity awards and compensation for individuals identified as members, including those in 'PeoMember' and 'NonPeoNeoMember' categories.
What is the fiscal year end date for the reporting period?
The fiscal year end date for the reporting period is March 31, 2024.
When was this DEF 14A filing submitted to the SEC?
This DEF 14A filing was submitted to the SEC on July 25, 2024.
Filing Stats: 4,797 words · 19 min read · ~16 pages · Grade level 12.2 · Accepted 2024-07-25 16:14:54
Filing Documents
- hlne-20240725.htm (DEF 14A) — 1241KB
- hlne-20240725_g1.jpg (GRAPHIC) — 698KB
- hlne-20240725_g2.jpg (GRAPHIC) — 40KB
- hlne-20240725_g3.jpg (GRAPHIC) — 33KB
- hlne-20240725_g4.jpg (GRAPHIC) — 438KB
- hlne-20240725_g5.jpg (GRAPHIC) — 190KB
- 0001433642-24-000075.txt ( ) — 4919KB
- hlne-20240725.xsd (EX-101.SCH) — 3KB
- hlne-20240725_def.xml (EX-101.DEF) — 3KB
- hlne-20240725_lab.xml (EX-101.LAB) — 3KB
- hlne-20240725_pre.xml (EX-101.PRE) — 2KB
- hlne-20240725_htm.xml (XML) — 196KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 27 Compensation Discussion and Analysis 27 Summary Compensation Table 34 Grants of Plan-Based Awards in Fiscal 2024 36 Outstanding Equity Awards at 2024 Fiscal Year End 37 Option Exercises and Stock Vested in Fiscal 2024 39
Executive Compensation Arrangements
Executive Compensation Arrangements 40 Potential Payments upon Termination or Change in Control 43 Pay Ratio Disclosure 45 Pay Versus Performance 47 EQUITY COMPENSATION PLAN INFORMATION 51 PROPOSAL NO. 2—ADVISORY VOTE TO APPROVE THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS 52 PROPOSAL NO. 3—APPROVAL OF THE AMENDED AND RESTATED HAMILTON LANE INCORPORATED 2017 EQUITY INCENTIVE PLAN 53 CERTAIN RELATIONSHIPS AND RELATED-PARTY AND OTHER TRANSACTIONS 61 The Reorganization 61 HLA Operating Agreement 61 Tax Receivable Agreement 63 Exchange Agreement 66 Stockholders Agreement 66 Registration Rights Agreement 66 Indemnification Agreements 67 ii Registered Offering 67 Investments in Our Funds 69 Transactions with Unaffiliated Principal Stockholders 71 AUDIT COMMITTEE REPORT 72 PROPOSAL NO. 4 —RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 73 Audit Committee Pre-Approval Policies and Procedures 74 AVAILABILITY OF ANNUAL REPORT ON FORM 10-K 75 OTHER BUSINESS 75 HOUSEHOLDING PROXY MATERIALS 75 APPENDIX A - RECONCILIATION OF NON-GAAP MEASURES A-1 APPENDIX B - AMENDED AND RESTATED HAMILTON LANE INCORPORATED 2017 EQUITY INC ENTIVE PLAN B-1 iii QUESTIONS AND ANSWERS Why am I receiving these materials? The board of directors of Hamilton Lane Incorporated ("Hamilton Lane", "HLI" or the "Company") is making these proxy materials available to you on the Internet or, upon your request, by delivering printed versions of these materials to you by mail, in connection with the solicitation of proxies for use at our 2024 Annual Meeting of Stockholders (the "Annual Meeting"), or at any adjournment or postponement of the Annual Meeting. The Annual Meeting will occur on September 5, 2024 at 9:30 a.m. (Eastern Time) online via live audio webcast at www.virtualshareholdermeeting.com/HLNE2024. There is no physical location for the Annual Meeting. What is included in thes