Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Santerre Jan M.
  2. Issuer Name and Ticker or Trading Symbol
Hillenbrand, Inc. [HI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
Sr. VP., Lean Business
(Last)
(First)
(Middle)
ONE BATESVILLE BOULEVARD
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2015
(Street)

BATESVILLE, IN 47006
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/09/2015   M   12,823 A $ 19.495 36,515 D  
Common Stock 03/09/2015   M   11,230 A $ 22.26 47,745 D  
Common Stock 03/09/2015   M   10,222 A $ 20.675 57,967 D  
Common Stock 03/09/2015   M   3,593 A $ 28.155 61,560 D  
Common Stock 03/09/2015   S   37,868 D $ 30.8104 (1) 23,692 D  
Common Stock 03/09/2015   S   15,000 D $ 30.8243 (2) 8,692 D  
Common Stock 03/10/2015   S   1,000 D $ 30.35 7,692 D  
Common Stock 03/10/2015   S   1,000 D $ 30.44 6,692 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 19.495 03/09/2015   M     12,823 12/06/2010 12/06/2020 Common Stock 12,823 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 22.26 03/09/2015   M     11,230 12/06/2011 12/06/2021 Common Stock 11,230 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 20.675 03/09/2015   M     10,222 12/04/2012(3) 12/04/2022 Common Stock 10,222 $ 0 5,111 D  
Employee Stock Option (Right to Buy) $ 28.155 03/09/2015   M     3,593 12/03/2013(3) 12/03/2023 Common Stock 3,593 $ 0 7,185 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Santerre Jan M.
ONE BATESVILLE BOULEVARD
BATESVILLE, IN 47006
      Sr. VP., Lean Business  

Signatures

 By Carol A. Roell As Attorney-In-Fact for Jan M. Santerre   03/10/2015
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.74 to $30.91. The reporting person undertakes to provide Hillenbrand, Inc., any security holder of Hillenbrand, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range se forth in this footnote to this Form 4.
(2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.76 to $30.90. The reporting person undertakes to provide Hillenbrand, Inc., any security holder of Hillenbrand, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range se forth in this footnote to this Form 4.
(3) Options vest in three equal annual installments beginning on the date indicated.

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