Michael D. Prado - Jun 30, 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
Stock symbol: HI
Transactions as of: Jun 30, 2021
Transactions value $: -$61,510
Form type: 4
Date filed: 7/2/2021, 04:14 PM
Next filing: Oct 4, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HI	Common Stock	Options Exercise	$0	+5.69K		$0.00	5.69K	Jun 30, 2021	Direct
transaction	HI	Common Stock	Tax liability	-$61.5K	-1.38K	-24.28%	$44.54	4.31K	Jun 30, 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%	$0.00	11.4K	Jun 30, 2021	Common Stock	55		Direct	F1, F2, F3
transaction	HI	Restricted Stock Units (Deferred Stock Awards) 7/1/20	Options Exercise	$0	-5.69K	-50%	$0.00	5.69K	Jun 30, 2021	Common Stock	5.69K		Direct	F1, F3
transaction	HI	Restricted Stock Units (Deferred Stock Awards) 7/1/21	Award	$0	+6.73K		$0.00	6.73K	Jul 1, 2021	Common Stock	6.73K		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.