Andreas G. Frank - 06 Dec 2021 Form 4 Insider Report for Hill-Rom Holdings, Inc.

Role: SVP, Pres. Front Line Care
Signature: /s/ Ari D. Mintzer as Attorney-in-Fact for Andreas G. Frank
Issuer symbol: N/A
Transactions as of: 06 Dec 2021
Net transactions value: -$29,900
Form type: 4
Filing time: 08 Dec 2021, 17:35:08 UTC
Previous filing: 16 Nov 2021
Next filing: 15 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HRC	Common Stock	Gift	$0	-5,300	-24%	$0.000000	16,370	24 Nov 2021	Direct
transaction	HRC	Common Stock	Options Exercise		+361	+2.2%		16,731	06 Dec 2021	Direct	F1
transaction	HRC	Common Stock	Tax liability	$29,900	-192	-1.1%	$155.73	16,539	06 Dec 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 (12/03/2018) LTI	Options Exercise	$0	-361	-100%	$0.000000^*	0	06 Dec 2021	Common Stock	361		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 December 3, 2018 and vested 34% on December 4, 2019, 33% on December 4, 2020 and 33% on December 4, 2021. 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.