Michael M. Jones - 06 Dec 2022 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role: Senior Vice President
Signature: /s/ Veronica L. McCarthy as Attorney-in-Fact for Michael M. Jones
Issuer symbol: HI
Transactions as of: 06 Dec 2022
Net transactions value: +$427,051
Form type: 4
Filing time: 08 Dec 2022, 15:15:44 UTC
Previous filing: 06 Dec 2022
Next filing: 04 Jan 2023
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	$358,101	+7,001	+54%	$51.15	20,082	06 Dec 2022	Direct	F1
transaction	HI	Common Stock	Tax liability	$158,821	-3,105	-15%	$51.15	16,977	06 Dec 2022	Direct
transaction	HI	Common Stock	Options Exercise	$409,353	+8,003	+47%	$51.15	24,980	06 Dec 2022	Direct	F1
transaction	HI	Common Stock	Tax liability	$181,582	-3,550	-14%	$51.15	21,430	06 Dec 2022	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 12/7/2022	Award	$0	+4,198		$0.000000	4,198	07 Dec 2022	Common Stock	4,198		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 scheduled to vest one-third on 12/7/2023, one-third on 12/7/2024, and one-third on 12/7/2025.