J. Michael Whitted - 02 Dec 2023 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Signature
/s/ Veronica L. McCarthy, Attorney-in-Fact for J. Michael Whitted
Issuer symbol
HI
Transactions as of
02 Dec 2023
Net transactions value
-$44,810
Form type
4
Filing time
05 Dec 2023, 16:20:48 UTC
Previous filing
03 Oct 2023
Next filing
08 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HI Common Stock Options Exercise $0 +2,148 +6.5% $0.000000 34,945 03 Dec 2023 Direct F1
transaction HI Common Stock Tax liability $24,677 -630 -1.8% $39.17 34,315 03 Dec 2023 Direct
transaction HI Common Stock Options Exercise $0 +1,753 +5.1% $0.000000 36,068 03 Dec 2023 Direct F1
transaction HI Common Stock Tax liability $20,133 -514 -1.4% $39.17 35,554 03 Dec 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 -2,148 -100% $0.000000* 0 03 Dec 2023 Common Stock 2,148 Direct F1, F2, F3
transaction HI Restricted Stock Units (Deferred Stock Award 12/2/2021) Options Exercise $0 -1,753 -50% $0.000000 1,746 02 Dec 2023 Common Stock 1,753 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.