J. Michael Whitted - Dec 2, 2023 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role
Sr. VP, Strategy & Corp. Dev.
Signature
/s/ Veronica L. McCarthy, Attorney-in-Fact for J. Michael Whitted
Stock symbol
HI
Transactions as of
Dec 2, 2023
Transactions value $
-$44,810
Form type
4
Date filed
12/5/2023, 04:20 PM
Previous filing
Oct 3, 2023
Next filing
Dec 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HI Common Stock Options Exercise $0 +2.15K +6.55% $0.00 34.9K Dec 3, 2023 Direct F1
transaction HI Common Stock Tax liability -$24.7K -630 -1.8% $39.17 34.3K Dec 3, 2023 Direct
transaction HI Common Stock Options Exercise $0 +1.75K +5.11% $0.00 36.1K Dec 3, 2023 Direct F1
transaction HI Common Stock Tax liability -$20.1K -514 -1.43% $39.17 35.6K Dec 3, 2023 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 12/3/2020) Options Exercise $0 -2.15K -100% $0.00* 0 Dec 3, 2023 Common Stock 2.15K Direct F1, F2, F3
transaction HI Restricted Stock Units (Deferred Stock Award 12/2/2021) Options Exercise $0 -1.75K -50.1% $0.00 1.75K Dec 2, 2023 Common Stock 1.75K Direct F1, F2, F4
* 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 Restricted Stock Units are entitled to dividend equivalent rights which accrue on dividend record dates.
F3 Restricted Stock Units scheduled to vest one-third on 12/3/2021, one-third on 12/3/2022, and one-third on 12/3/2023.
F4 Restricted Stock Units scheduled to vest one-third on 12/2/2022, one-third on 12/2/2023, and one-third on 12/2/2024.