J. Michael Whitted - Dec 7, 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 7, 2023
Transactions value $
-$19,128
Form type
4
Date filed
12/11/2023, 04:17 PM
Previous filing
Dec 8, 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 +1.64K +3.47% $0.00 49K Dec 7, 2023 Direct F1
transaction HI Common Stock Tax liability -$19.1K -482 -0.98% $39.69 48.5K 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 -1.64K -33.31% $0.00 3.29K Dec 7, 2023 Common Stock 1.64K Direct F1, F2, F3
transaction HI Restricted Stock Units (Deferred Stock Award 12/7/2023) Award $0 +6.72K $0.00 6.72K Dec 7, 2023 Common Stock 6.72K 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.