John P. Groetelaars - May 17, 2021 Form 4 Insider Report for Hill-Rom Holdings, Inc. (HRC)

Role: Chief Executive Officer, Director
Signature: /s/ Ari D. Mintzer as Attorney-in-Fact for John P. Groetelaars
Stock symbol: HRC
Transactions as of: May 17, 2021
Transactions value $: $907,162
Form type: 4
Date filed: 5/18/2021, 04:03 PM
Next filing: Nov 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HRC	Common Stock	Options Exercise	$1.31M	+11.8K	+69.87%	$110.90	28.7K	May 17, 2021	Direct
transaction	HRC	Common Stock	Tax liability	-$402K	-3.63K	-12.63%	$110.90	25.1K	May 17, 2021	Direct	F1

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	HRC	Restricted Stock Units (05/14/2018)	Options Exercise	$0	-11.8K	-100%	$0.00^*	0	May 17, 2021	Common Stock	11.8K	$0.00	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Hill-Rom Holdings, Inc. Common Stock incident to the vesting of restricted stock units in accordance with Rule 16b-3.
F2	Restricted stock units convert into common stock on a one-for-one basis.
F3	On 05/14/2018, the reporting person was granted 11,505 restricted stock units. Restricted stock units vested 100% on 05/15/2021. Restricted stock units are automatically converted into shares of common stock in accordance with the respective vesting schedule. Restricted stock units are entitled to dividend equivalent rights, which accrue on dividend record dates.