Leo Kulmaczewski - Dec 7, 2023 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Signature
/s/ Veronica L. McCarthy, Attorney-in-Fact for Leo Kulmaczewski
Stock symbol
HI
Transactions as of
Dec 7, 2023
Transactions value $
-$6,866
Form type
4
Date filed
12/11/2023, 04:15 PM
Previous filing
Dec 5, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HI Common Stock Options Exercise $0 +602 +108.08% $0.00 1.16K Dec 7, 2023 Direct F1
transaction HI Common Stock Tax liability -$6.87K -173 -14.93% $39.69 986 Dec 7, 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 12/7/2022) Options Exercise $0 -602 -33.28% $0.00 1.21K Dec 7, 2023 Common Stock 602 Direct F1, F2, F3
transaction HI Restricted Stock Units (Deferred Stock Award 12/7/2023) Award $0 +2.31K $0.00 2.31K Dec 7, 2023 Common Stock 2.31K 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 of 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 12/7/2023, one-third on 12/7/2024, and one-third on 12/7/2025.
F4 Restricted Stock Units scheduled to vest one-third on 12/7/2024, one-third on 12/7/2025, and one-third on 12/7/2026.