Atul Varma, born in 1974, brings a solid background in finance to Hamilton Lane, where he has been the Chief Financial Officer since January 2020. He holds a B.S. in Accounting from Binghamton University and an M.B.A. from Columbia University....

Current Market Cap

$7.88B

Number of Employees

700

Total Compensation

2020 - 2023

Trending up by 200.16% last year
Showing total compensation for the last 2020 - 2023

Stock

Up by 0.00% last year

Salary

Down by -18.57% last year

Bonus

Up by 0.00% last year

Other

Up by 39.73% last year

Year

2023

Total Compensation

$1.98M

Salary

$285.00K

Board Justification

The compensation philosophy is designed to attract, motivate, reward, and retain skilled employees, aligning their interests with those of stockholders through a mix of cash and equity-based compensation.

Bonus

$472.50K

Board Justification

The bonus for fiscal 2023 service was up to 200% of his base salary, with a portion paid in restricted stock.

Other

$430.91K

Board Justification

This includes a one-time lump sum payment of $375,000 as part of his separation agreement, along with accrued but unused paid time off and contributions to the company 401(k).

Restricted Stock

$787.81K(6.68K common stock)

Board Justification

The stock that vested in 2023 was part of the time-based restricted stock awards granted in fiscal 2020, 2021, 2022, and 2023, which vested upon his separation from the company.

Performance Metrics

The performance metrics for determining the compensation include individual performance and overall company performance.

SEC Filing

From July 25, 2024