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If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Received in exchange for 172,667 shares of Milacron Holdings Corp. ("Milacron") common stock pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 12, 2019, among Milacron, Hillenbrand, Inc., an Indiana corporation ("Hillenbrand"), and Bengal Delaware Holding Corporation, a Delaware corporation and a wholly owned subsidiary of Hillenbrand. At the Effective Time (as defined in the Merger Agreement), each share of Milacron common stock, automatically and without any required action by the Reporting Person, was converted into the right to receive (a) $11.80 in cash, without interest, and (b) 0.1612 shares of Hillenbrand common stock (and, if applicable, cash in lieu of fractional shares), less any applicable withholding taxes. |
(2) |
Received in exchange for 75,000 stock unit awards that were subject to vesting solely based on the satisfaction of time-based vesting criteria (each an "RSU"). Pursuant to the terms of the Merger Agreement, at the Effective Time, each RSU was cancelled and converted into the right to receive (a) $11.80 in cash, without interest, and (b) 0.1612 shares of Hillenbrand common stock (and, if applicable, cash in lieu of fractional shares), less any applicable withholding taxes, for each share of Milacron common stock subject to such RSU. |
(3) |
Received in exchange for 46,383 stock unit awards that were subject to vesting in whole or in part based on the satisfaction of performance-based vesting criteria (each a "PSU"). Pursuant to the terms of the Merger Agreement, at the Effective Time, each PSU was cancelled and converted into the right to receive (a) $11.80 in cash, without interest, and (b) 0.1612 shares of Hillenbrand common stock (and, if applicable, cash in lieu of fractional shares), less any applicable withholding taxes, for each share of Milacron common stock subject to such PSU assuming that performance conditions were satisfied at the applicable target level of performance. |
(4) |
Received in connection with 316,242 outstanding stock options, each with a per share exercise price that was less than the per share Merger Consideration Value (as defined in the Merger Agreement), whether vested or unvested ("Stock Option"). Pursuant to the Merger Agreement, each Stock Option was cancelled and converted into the right to receive, in respect of each Net Option Share (as defined in the Merger Agreement) subject to such stock option, (a) $11.80 in cash, without interest, and (b) 0.1612 shares of Hillenbrand common stock (and, if applicable, cash in lieu of fractional shares), less any applicable withholding taxes. |