Bhavik N. Soni - 06 Dec 2022 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role: VP & Chief Information Officer
Signature: /s/ Veronica L. McCarthy, as Attorney-in-Fact for Bhavik N. Soni
Issuer symbol: HI
Transactions as of: 06 Dec 2022
Net transactions value: +$116,980
Form type: 4
Filing time: 08 Dec 2022, 15:15:55 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	$97,645	+1,909	+87%	$51.15	4,103	06 Dec 2022	Direct	F1
transaction	HI	Common Stock	Tax liability	$42,966	-840	-20%	$51.15	3,263	06 Dec 2022	Direct
transaction	HI	Common Stock	Options Exercise	$111,251	+2,175	+67%	$51.15	5,438	06 Dec 2022	Direct	F1
transaction	HI	Common Stock	Tax liability	$48,951	-957	-18%	$51.15	4,481	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	+1,937		$0.000000	1,937	07 Dec 2022	Common Stock	1,937		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.