Ulrich Bartel - 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 Ulrich Bartel
Issuer symbol: HI
Transactions as of: 06 Dec 2022
Net transactions value: +$43,733
Form type: 4
Filing time: 08 Dec 2022, 15:15:54 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	$90,229	+1,764	+13%	$51.15	15,870	06 Dec 2022	Direct	F1
transaction	HI	Common Stock	Tax liability	$46,495	-909	-5.7%	$51.15	14,961	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	+5,167		$0.000000	5,167	07 Dec 2022	Common Stock	5,167		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.