Hillenbrand, Inc. — Director's Dealing 2011

Oct 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Hillenbrand, Inc. (HI)
CIK: 0001417398
Period of Report: 2011-09-30

Reporting Person: Raver Joe Anthony (Senior Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-30	Restricted Stock Units (Deferred Stock Award) 5 yr. 6/16/08	$	A	80	Acquired		Common Stock (80)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	139889.5165	Direct

Footnotes

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 vested 20% on 6/17/2010 and 25% on 6/17/2011. The remaining units vest 25% on 6/17/2012; and 30% on 6/17/2013. Stock units will automatically be converted into shares of common stock in accordance with the respective vesting schedule unless a previous deferral election has been made. Stock units are entitled to dividend equivalent rights, which accrue on dividend record dates.

F4: Includes 133,545 unvested shares and units of Restricted Stock subject to vesting conditions based on the Company's financial performance.