J. Michael Whitted - Dec 6, 2022 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role
Sr. VP Strategy & Corp Dev
Signature
/s/ Veronica L. McCarthy, as Attorney-in-Fact for J. Michael Whitted
Stock symbol
HI
Transactions as of
Dec 6, 2022
Transactions value $
$662,802
Form type
4
Date filed
12/8/2022, 03:15 PM
Previous filing
Dec 6, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HI Common Stock Options Exercise $456K +8.91K +58.05% $51.15 24.3K Dec 6, 2022 Direct F1
transaction HI Common Stock Tax liability -$134K -2.61K -10.77% $51.15 21.7K Dec 6, 2022 Direct
transaction HI Common Stock Options Exercise $521K +10.2K +47.04% $51.15 31.8K Dec 6, 2022 Direct F1
transaction HI Common Stock Tax liability -$180K -3.53K -11.08% $51.15 28.3K Dec 6, 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 +4.84K $0.00 4.84K Dec 7, 2022 Common Stock 4.84K 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.