Robert M. VanHimbergen - 07 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
07 Dec 2023
Transactions value $
-$50,757
Form type
4
Filing time
11 Dec 2023, 16:17:57 UTC
Previous filing
05 Dec 2023
Next filing
03 Jan 2024
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 +2,720 +12% $0 24,519 07 Dec 2023 Direct F1
transaction HI Common Stock Tax liability -$50,757 -1,279 -5.2% $39.68 23,240 07 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 12/07/2022) Options Exercise $0 -2,720 -33% $0 5,443 07 Dec 2023 Common Stock 2,720 Direct F1, F2, F3
transaction HI Restricted Stock Units (Deferred Stock Award 12/7/2023) Award $0 +11,456 $0 11,456 07 Dec 2023 Common Stock 11,456 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conversion of 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 12/7/2023, one-third on 12/7/2024, and one-third on 12/7/2025.
F4 Restricted Stock Units scheduled to vest one-third on 12/7/2024, one-third on 12/7/2025, and one-third on 12/7/2026.