Hamilton Lane grants Co-CEOs performance-based equity awards tied to stock price targets

Hamilton Lane INC

Each Co-CEO granted 544,000 performance-based RSUs; vesting at avg closing price of $150, $190, $230 per share over 20 consecutive trading days within 7 years.
Vesting requires continued employment for minimum 5 years; one-third eligible at each price target.
Board intends to consider five annual awards of 30,000 restricted shares each to Co-CEOs starting March 2025, subject to performance conditions.
Erik Hirsch also receives incentive award based on realized gains from strategic technology investments.

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