secwatch.observer — SEC 8-K summary
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Issuer:     Hamilton Lane INC (HLNE)
CIK:        0001433642
Form:       8-K
Filed at:   2023-07-20T23:59:59+00:00
Accession:  0001433642-23-000058
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hamilton Lane CFO Atul Varma to resign; Jeffrey Armbrister appointed CFO effective Aug 8, 2023
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- Atul Varma resigns as CFO/Treasurer effective Aug 8, 2023; will serve as senior advisor until Jan 31, 2024 or earlier if new job found.
- Jeffrey Armbrister appointed CFO/Treasurer effective Aug 8; previously Global Head of Direct Equity. Base salary $325k, FY2024 target bonus $900k, carried interest award valued at $1M.
- Additional leadership changes: Andrew Schardt Vice Chairman/Head of Direct Equity; Richard Hope Co-Head of Investments; Nayef Perry sole Head Direct Credit; Ken Binick joining as MD/Head of Execution.
- Varma receives $375k lump sum, accelerated vesting of 6,682 RSUs as of Jan 31, 2024; forfeits 6,522 unvested performance stock awards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433642/000143364223000058/0001433642-23-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433642/000143364223000058/hlne-20230714.htm
  HTML page:      https://secwatch.observer/filing/0001433642-23-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer