Hillenbrand, Inc. — Director's Dealing 2014

Oct 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Hillenbrand, Inc. (HI)
CIK: 0001417398
Period of Report: 2014-09-30

Reporting Person: CORNELL HELEN W (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-09-30	Restricted Stock Units (Deferred Stock Award) 2/22/12	$	A	33	Acquired		Common Stock (33)	Direct
2014-09-30	Restricted Stock Units (Deferred Stock Award) 2/27/13	$	A	26	Acquired		Common Stock (26)	Direct
2014-09-30	Restricted Stock Units (Deferred Stock Award 2/26/14)	$	A	21	Acquired		Common Stock (21)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
RESTRICTED STOCK UNITS CUMULATIVE TOTAL	$		Common Stock (12411)	12411	Direct

Footnotes

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: These stock units vest immediately upon grant. However, delivery of these shares will not occur until the occurrence of one of the following: a change in control of the Company; the reporting person's death or permanent and total disability, or the six-month anniversary of the date the reporting person ceases to be a director of the Company.

F4: This amount represents cumulative total of all Restricted Stock Units (deferred stock awards) granted to reporting person. This cumulative total does not represent additional Restricted Stock Units granted to the reporting person, but is merely a total of all awards reported separately on this SEC Form 4.