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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1. Name and Address of Reporting Person * Baron Mark David   2. Issuer Name and Ticker or Trading Symbol Hill-Rom Holdings, Inc. [HRC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Sr. VP, Global Supply Chain (Last) (First) (Middle) 1069 STATE ROUTE 46E 3. Date of Earliest Transaction (Month/Day/Year) 05/13/2010 (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 05/13/2010   M   7,400 A $ 27.09 16,581 D   Common Stock 05/13/2010   M   7,400 A $ 25.67 23,981 D   Common Stock 05/13/2010   M   7,400 A $ 30.04 31,381 D   Common Stock 05/13/2010   M   6,659 A $ 19.39 38,040 D   Common Stock 05/13/2010   M   21,090 A $ 26.46 59,130 D   Common Stock 05/13/2010   M   15,417 A $ 29.22 74,547 D   Common Stock 05/13/2010   S   65,366 D $ 32.21 (7) 9,181 D

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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

Stock Option 11/09/01

$ 27.09

05/13/2010

M

7,400

(1)

11/19/2011

Common Stock

7,400

$ 0

0

D

Stock Option 12/04/02

$ 25.67

05/13/2010

M

7,400

(2)

12/04/2012

Common Stock

7,400

$ 0

0

D

Stock Option 12/15/04

$ 30.04

05/13/2010

M

7,400

(3)

12/15/2014

Common Stock

7,400

$ 0

0

D

Stock Option 12/2/08

$ 19.39

05/13/2010

M

6,659

12/02/2009(4)

12/02/2018

Common Stock

6,659

$ 0

19,979

D

Stock Option 11/30/05

$ 26.46

05/13/2010

M

21,090

(5)

11/30/2015

Common Stock

21,090

$ 0

0

D

Stock Option 12/05/07

$ 29.22

05/13/2010

M

15,417

12/05/2008(6)

12/05/2017

Common Stock

15,417

$ 0

7,708

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Baron Mark David 1069 STATE ROUTE 46E BATESVILLE, IN 47006			Sr. VP, Global Supply Chain

Signatures

Donna Isaacs, as Attorney-in-Fact for Mark Baron		05/14/2010
**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)	7400 shares vested in three equal annual installments beginning November 9, 2002.
(2)	7400 shares vested in three equal annual installments beginning December 4, 2003.
(3)	7400 shares vested 100% on September 1, 2005.
(4)	Shares vested in four equal annual installments beginning on the date indicated.
(5)	21,090 shares vested in three equal annual installments beginning November 30, 2006.
(6)	Shares vested in three equal annual installments beginning on the date indicated.
(7)	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.20 to $32.35 inclusive. The reporting person undertakes to provide Hill-Rom Holdings, Inc., any security holder of Hill-Rom Holdings, 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 set forth above.

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