Joe A. Raver - Dec 23, 2021 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Signature
/s/ Sarah A. Tarkington as Attorney-in-Fact for Joe Anthony Raver
Stock symbol
HI
Transactions as of
Dec 23, 2021
Transactions value $
-$561,261
Form type
4
Date filed
12/28/2021, 03:16 PM
Previous filing
Dec 9, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HI Common Stock Options Exercise $4.12M +90.1K +42.37% $45.78 303K Dec 23, 2021 Direct F1
transaction HI Common Stock Sale -$4.69M -90.1K -29.76% $52.01 213K Dec 23, 2021 Direct F1, 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 HI Employee Stock Option (Right to Buy) Options Exercise $0 -90.1K -100% $0.00* 0 Dec 23, 2021 Common Stock 90.1K $45.78 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 plan.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $52.00 to $52.02. The reporting person hereby undertakes to provide Hillenbrand, Inc., any security holder of Hillenbrand, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F3 The option vested in three equal annual installments beginning on the date indicated.