J. Michael Whitted - 07 Dec 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
Issuer symbol
HI
Transactions as of
07 Dec 2023
Net transactions value
-$19,128
Form type
4
Filing time
11 Dec 2023, 16:17:06 UTC
Previous filing
08 Dec 2023
Next filing
03 Jan 2024
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 $0 +1,644 +3.5% $0.000000 49,004 07 Dec 2023 Direct F1
transaction HI Common Stock Tax liability $19,128 -482 -0.98% $39.68 48,522 07 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 12/7/2022) Options Exercise $0 -1,644 -33% $0.000000 3,291 07 Dec 2023 Common Stock 1,644 Direct F1, F2, F3
transaction HI Restricted Stock Units (Deferred Stock Award 12/7/2023) Award $0 +6,719 $0.000000 6,719 07 Dec 2023 Common Stock 6,719 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 12/7/2023, 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.