Robert M. VanHimbergen - 02 Dec 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
Issuer symbol: HI
Transactions as of: 02 Dec 2023
Transactions value $: $-52,135
Form type: 4
Filing time: 05 Dec 2023, 16:21:06 UTC
Previous filing: 03 Oct 2023
Next filing: 07 Dec 2023
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	$0	+2,830	+14.9%	$0.000000	21,875	02 Dec 2023	Direct	F1
transaction	HI	Common Stock	Tax liability	$-52,135	-1,331	-6.08%	$39.17	20,544	02 Dec 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 3/14/2022)	Options Exercise	$0	-2,830	-50%	$0.000000	2,829	02 Dec 2023	Common Stock	2,830		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.