Leo Kulmaczewski - 02 Dec 2022 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role: Senior Vice President, Operations Center of Excellence & HOM
Signature: /s/ Veronica L. McCarthy as Attorney-in-Fact for Leo Kulmaczewski
Issuer symbol: HI
Transactions as of: 02 Dec 2022
Net transactions value: -$11,158
Form type: 4
Filing time: 06 Dec 2022, 15:45:32 UTC
Previous filing: 04 Oct 2022
Next filing: 08 Dec 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		+490			490	02 Dec 2022	Direct	F1
transaction	HI	Common Stock	Tax liability	$11,158	-215	-44%	$51.90	275	02 Dec 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 12/2/2021)	Options Exercise	$0	-490	-33%	$0.000000	981	02 Dec 2022	Common Stock	490		Direct	F1, F2, F3

* 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 12/2/2022, one-third on 12/2/2023, and one-third on 12/2/2024.

Remarks:

Senior Vice President, Operations Center of Excellence & HOM