Joe A. Raver - 23 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: 23 Dec 2021
Net transactions value: -$561,261
Form type: 4
Filing time: 28 Dec 2021, 15:16:08 UTC
Previous filing: 09 Dec 2021
Next filing: 04 Jan 2022
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	$4,124,320	+90,090	+42%	$45.78	302,696	23 Dec 2021	Direct	F1
transaction	HI	Common Stock	Sale	$4,685,581	-90,090	-30%	$52.01	212,606	23 Dec 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	-90,090	-100%	$0.000000^*	0	23 Dec 2021	Common Stock	90,090	$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.