J. Michael Whitted - 21 Jun 2022 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role: Sr. VP Strategy & Corp Dev
Signature: /s/ Peter V. Hilton as Attorney-in-Fact for J. Michael Whitted
Issuer symbol: HI
Transactions as of: 21 Jun 2022
Net transactions value: -$296,149
Form type: 4
Filing time: 22 Jun 2022, 16:16:03 UTC
Previous filing: 01 Apr 2022
Next filing: 01 Jul 2022
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		+17,194	+159%		27,996	21 Jun 2022	Direct	F1, F2
transaction	HI	Common Stock	Tax liability	$296,149	-7,617	-27%	$38.88	20,379	21 Jun 2022	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 6/18/21)	Options Exercise	$0	-17,194	-33%	$0.000000	34,387	21 Jun 2022	Common Stock	17,194		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of shares issued upon vesting of performance-based restricted stock units.
F2	Conversion or Exercise Price of Derivative Securities is 1-for-1.
F3	Restricted Stock Units vested 33% on 6/18/22. The remaining units vest 33% on 6/18/23 and 34% on 6/18/24.