Joe A. Raver - 03 Dec 2021 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role: President and CEO, Director
Signature: /s/ Sarah A. Tarkington as Attorney-in-Fact for Joe Anthony Raver
Issuer symbol: HI
Transactions as of: 03 Dec 2021
Net transactions value: -$244,831
Form type: 4
Filing time: 07 Dec 2021, 16:05:22 UTC
Previous filing: 03 Dec 2021
Next filing: 09 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	Options Exercise		+11,820	+5.7%		217,803	03 Dec 2021	Direct	F1
transaction	HI	Common Stock	Tax liability	$244,831	-5,197	-2.4%	$47.11	212,606	03 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) 12/3/2020	Options Exercise	$0	-11,820	-33%	$0.000000	23,639	03 Dec 2021	Common Stock	11,820		Direct	F1, F2

* 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 vest 50% on 12/3/2022, and 50% on 12/3/2023.