J. Michael Whitted - Jun 18, 2021 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role
Sr. VP Strategy & Corp Dev
Signature
/s/ Peter V. Hilton as Attorney-in-Fact for J. Michael Whitted
Stock symbol
HI
Transactions as of
Jun 18, 2021
Transactions value $
-$46,616
Form type
4
Date filed
6/21/2021, 08:45 PM
Next filing
Jul 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HI Common Stock Options Exercise $0 +3.85K +33.72% $0.00 15.3K Jun 18, 2021 Direct
transaction HI Common Stock Tax liability -$46.6K -1.13K -7.39% $41.29 14.1K Jun 18, 2021 Direct

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 Restricted Stock Units (Deferred Stock Award 6/18/18) Options Exercise $0 -3.85K -100% $0.00* 0 Jun 18, 2021 Common Stock 3.85K Direct F1, F3
transaction HI Restricted Stock Units (Deferred Stock Awards 6/18/21) Award $0 +50.9K $0.00 50.9K Jun 18, 2021 Common Stock 50.9K Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conversion of Exercise Price of Derivative Securities is 1-for-1.
F2 Restricted Stock Units are entitled to dividend equivalent rights which accrue on dividend record dates.
F3 Restricted Stock Units vest in full on 6/18/21
F4 Restricted Stock Units vest 33% on 6/18/22, 33% on 6/18/23, and 34% on 6/18/24.