Nicholas R. Farrell - Mar 15, 2024 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Signature
/s/ Veronica L. McCarthy, Attorney-in-fact for Nicholas R. Farrell
Stock symbol
HI
Transactions as of
Mar 15, 2024
Transactions value $
-$135,909
Form type
4
Date filed
3/19/2024, 04:16 PM
Previous filing
Jan 3, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HI Common Stock Options Exercise $97.7K +3.14K +7.49% $31.11 45.1K Mar 15, 2024 Direct F1
transaction HI Common Stock Sale -$152K -3.14K -6.97% $48.50 42K Mar 15, 2024 Direct F1, F2
transaction HI Common Stock Options Exercise $84K +2.7K +6.44% $31.11 44.7K Mar 15, 2024 Direct F1
transaction HI Common Stock Sale -$125K -2.7K -6.05% $46.16 42K Mar 15, 2024 Direct F1, F2
transaction HI Common Stock Options Exercise $84K +2.7K +6.44% $31.11 44.7K Mar 15, 2024 Direct F1
transaction HI Common Stock Sale -$125K -2.7K -6.05% $46.16 42K Mar 15, 2024 Direct F1

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 Employee Stock Options (Right to Buy) Options Exercise $0 -2.7K -31.61% $0.00 5.84K Mar 15, 2024 Common Stock 2.7K $31.11 Direct F1, F3
transaction HI Employee Stock Options (Right to Buy) Options Exercise $0 -3.14K -53.78% $0.00 2.7K Mar 15, 2024 Common Stock 3.14K $31.11 Direct F1, F3
transaction HI Employee Stock Options (Right to Buy) Options Exercise $0 -2.7K -100% $0.00* 0 Mar 15, 2024 Common Stock 2.7K $31.11 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction is pursuant to a 10b5-1 trading plan adopted on 12/13/2023.
F2 Multiple lots for the same price for this order have been combined.
F3 Options vest in three equal installments beginning on the date indicated.