Andreas G. Frank - Nov 12, 2021 Form 4 Insider Report for Hill-Rom Holdings, Inc. (HRC)

Role
SVP, Pres. Front Line Care
Signature
/s/ Ari D. Mintzer as Attorney-in-Fact for Andreas G. Frank
Stock symbol
HRC
Transactions as of
Nov 12, 2021
Transactions value $
-$91,980
Form type
4
Date filed
11/16/2021, 07:15 PM
Previous filing
Nov 12, 2021
Next filing
Dec 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRC Common Stock Options Exercise +1.12K +5.27% 22.3K Nov 12, 2021 Direct F1
transaction HRC Common Stock Tax liability -$92K -593 -2.66% $155.11 21.7K Nov 12, 2021 Direct F2

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 HRC Restricted Stock Units (11/11/2020) Options Exercise $0 -1.12K -34.28% $0.00 2.14K Nov 12, 2021 Common Stock 1.12K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Hill-Rom Holdings, Inc. common stock incident to the vesting of RSUs in accordance with Rule 16b-3.
F3 RSUs were granted on November 11, 2020 and vested 34% on November 12, 2021; 33% will vest on November 12, 2022 and 33% will vest on November 12, 2023. RSUs will automatically be converted into shares of common stock on the date indicated and are entitled to dividend equivalent rights which accrue on dividend record dates.