Michael D. Prado - 30 Jun 2021 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role: VP, Global Supply Management
Signature: /s/ Peter V. Hilton as Attorney-in-Fact for Michael D. Prado
Issuer symbol: HI
Transactions as of: 30 Jun 2021
Net transactions value: -$61,510
Form type: 4
Filing time: 02 Jul 2021, 16:14:51 UTC
Next filing: 04 Oct 2021
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	$0	+5,687		$0.000000	5,687	30 Jun 2021	Direct
transaction	HI	Common Stock	Tax liability	$61,510	-1,381	-24%	$44.54	4,306	30 Jun 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) 7/1/20	Award	$0	+55	+0.49%	$0.000000	11,375	30 Jun 2021	Common Stock	55		Direct	F1, F2, F3
transaction	HI	Restricted Stock Units (Deferred Stock Awards) 7/1/20	Options Exercise	$0	-5,687	-50%	$0.000000	5,688	30 Jun 2021	Common Stock	5,687		Direct	F1, F3
transaction	HI	Restricted Stock Units (Deferred Stock Awards) 7/1/21	Award	$0	+6,734		$0.000000	6,734	01 Jul 2021	Common Stock	6,734		Direct	F1, F4

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

Explanation of Responses:

Id	Content
F1	Conversion or 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	The Restricted Stock Units vest at 50% on each of 7/1/21 and 7/1/22.
F4	Restricted Stock Units vest 50% on 7/1/22 and 50% on 12/31/22.