Neil S. Novich - Feb 24, 2023 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role: Director
Signature: /s/ Veronica L. McCarthy, as Attorney-in-Fact for Neil S. Novich
Stock symbol: HI
Transactions as of: Feb 24, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/28/2023, 03:15 PM
Previous filing: Jan 4, 2023
Next filing: Mar 2, 2023

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 2/24/23)	Award	$0	+2.71K		$0.00	2.71K	Feb 24, 2023	Common Stock	2.71K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Conversion or Exercise Price of Derivative Securities is 1-for-1.
F2	These Restricted Stock Units vest on the earlier to occur of the issuer's next annual meeting of shareholders or one year from the date of grant; provided, that these Restricted Stock Units will immediately vest upon, and in any case delivery of the shares underlying these Restricted Stock Units will not occur until, the occurrence of one of the following: a change in control of the issuer, the director's death or permanent and total disability, or one day after the date the director ceases to be a director of the issuer.

Content

Conversion or Exercise Price of Derivative Securities is 1-for-1.

These Restricted Stock Units vest on the earlier to occur of the issuer's next annual meeting of shareholders or one year from the date of grant; provided, that these Restricted Stock Units will immediately vest upon, and in any case delivery of the shares underlying these Restricted Stock Units will not occur until, the occurrence of one of the following: a change in control of the issuer, the director's death or permanent and total disability, or one day after the date the director ceases to be a director of the issuer.