J. Michael Whitted - 01 Dec 2021 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role: Sr. VP Strategy & Corp Dev
Signature: /s/ Sarah A. Tarkington as Attorney-in-Fact for J. Michael Whitted
Issuer symbol: HI
Transactions as of: 01 Dec 2021
Net transactions value: +$268,503
Form type: 4
Filing time: 03 Dec 2021, 15:15:27 UTC
Previous filing: 04 Oct 2021
Next filing: 07 Dec 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	Award	$482,089	+10,534	+135%	$45.76	18,318	01 Dec 2021	Direct	F1
transaction	HI	Common Stock	Tax liability	$213,585	-4,667	-25%	$45.76	13,651	01 Dec 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) 12/2/2021	Award	$0	+5,052		$0.000000	5,052	02 Dec 2021	Common Stock	5,052		Direct	F2, F3, F4

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

Explanation of Responses:

Id	Content
F1	Consists of shares issued upon vesting of performance-based restricted stock units.
F2	Conversion of Exercise Price of Derivative Securities is 1-for-1.
F3	Restricted Stock Units are entitled to dividend equivalent rights which accrue on dividend record dates.
F4	Restricted Stock Units vest one-third on 12/2/2022, one-third on 12/2/2023, and one-third on 12/2/2024.