KIMBERLY K. RYAN - 05 Jun 2023 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role: President and CEO
Signature: /s/ Veronica L. McCarthy, as Attorney-in-Fact for Kimberly K. Ryan
Issuer symbol: HI
Transactions as of: 05 Jun 2023
Net transactions value: -$813,891
Form type: 4
Filing time: 07 Jun 2023, 16:15:20 UTC
Previous filing: 01 Jun 2023
Next filing: 05 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HI	COMMON STOCK	Options Exercise	$625,097	+22,202	+22%	$28.16	123,120	05 Jun 2023	Direct
transaction	HI	COMMON STOCK	Sale	$1,100,908	-22,202	-18%	$49.59	100,918	05 Jun 2023	Direct	F2
transaction	HI	COMMON STOCK	Options Exercise	$601,766	+18,428	+18%	$32.66	119,346	06 Jun 2023	Direct
transaction	HI	COMMON STOCK	Sale	$939,846	-18,428	-15%	$51.00	100,918	06 Jun 2023	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HI	Employee Stock Option (Right to Buy)	Options Exercise	$0	+22,202		$0.000000^*	0	05 Jun 2023	Common Stock	22,202	$28.16	Direct	F1
transaction	HI	Employee Stock Options (Right to Buy)	Options Exercise	$0	+18,428		$0.000000^*	0	06 Jun 2023	Common Stock	18,428	$32.66	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Options vest in three equal installments beginning on the date indicated.
F2	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $49.50 to $49.63. The reporting person undertakes to provide Hillenbrand, Inc., any security holder of Hillenbrand, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F3	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $51.00 to $51.02. The reporting person undertakes to provide Hillenbrand, Inc., any security holder of Hillenbrand, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.