Robert M. VanHimbergen - Dec 7, 2023 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role
Sr. VP, CFO
Signature
/s/ Veronica L. McCarthy, Attorney-in-Fact for Robert M. VanHimbergen
Stock symbol
HI
Transactions as of
Dec 7, 2023
Transactions value $
-$50,757
Form type
4
Date filed
12/11/2023, 04:17 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 +2.72K +12.48% $0.00 24.5K Dec 7, 2023 Direct F1
transaction HI Common Stock Tax liability -$50.8K -1.28K -5.22% $39.69 23.2K 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 12/07/2022) Options Exercise $0 -2.72K -33.32% $0.00 5.44K Dec 7, 2023 Common Stock 2.72K Direct F1, F2, F3
transaction HI Restricted Stock Units (Deferred Stock Award 12/7/2023) Award $0 +11.5K $0.00 11.5K Dec 7, 2023 Common Stock 11.5K 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.