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

Signature
/s/ Veronica L. McCarthy, Attorney-in-fact for Nicholas R. Farrell
Issuer symbol
HI
Transactions as of
15 Mar 2024
Net transactions value
-$135,909
Form type
4
Filing time
19 Mar 2024, 16:16:28 UTC
Previous filing
03 Jan 2024
Next filing
02 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HI Common Stock Options Exercise $97,748 +3,142 +7.5% $31.11 45,093 15 Mar 2024 Direct F1
transaction HI Common Stock Sale $152,387 -3,142 -7% $48.50 41,951 15 Mar 2024 Direct F1, F2
transaction HI Common Stock Options Exercise $83,997 +2,700 +6.4% $31.11 44,651 15 Mar 2024 Direct F1
transaction HI Common Stock Sale $124,632 -2,700 -6% $46.16 41,951 15 Mar 2024 Direct F1, F2
transaction HI Common Stock Options Exercise $83,997 +2,700 +6.4% $31.11 44,651 15 Mar 2024 Direct F1
transaction HI Common Stock Sale $124,632 -2,700 -6% $46.16 41,951 15 Mar 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 -2,700 -32% $0.000000 5,842 15 Mar 2024 Common Stock 2,700 $31.11 Direct F1, F3
transaction HI Employee Stock Options (Right to Buy) Options Exercise $0 -3,142 -54% $0.000000 2,700 15 Mar 2024 Common Stock 3,142 $31.11 Direct F1, F3
transaction HI Employee Stock Options (Right to Buy) Options Exercise $0 -2,700 -100% $0.000000* 0 15 Mar 2024 Common Stock 2,700 $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.