X0303 4 2011-05-11 0 0000047518 Hill-Rom Holdings, Inc. HRC 0001190629 HILLENBRAND W AUGUST 1069 STATE ROUTE 46E BATESVILLE IN 47006 1 0 0 0 Deferred Stock Units (Director Fees) 0 2011-05-11 4 A 0 276 45.33 A Common Stock 276 908 D Converts on a 1 for 1 basis to Common Stock; the units are entitled to dividend investment equivalents. Will be automatically converted into shares of Common Stock on the later of January 1, 2012 or the six month anniversary after leaving the board. Kevin Warns, Attorney-in-fact 2011-05-13