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 * Golden Charles E   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 _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 1069 STATE ROUTE 46E 3. Date of Earliest Transaction (Month/Day/Year) 01/02/2015 (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 01/05/2015   M   638 A $ 0 6,464 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

Deferred Director Fees

$ 0 (1)

01/05/2015

M

638

01/05/2015

01/05/2015

Common Stock

638

$ 0

0

D

Deferred Stock Units (Director Fees)

$ 0 (1)

01/02/2015

A

165

(2)

(2)

Common Stock

165

$ 0

3,740

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Golden Charles E 1069 STATE ROUTE 46E BATESVILLE, IN 47006

Signatures

Kevin Warns, Attorney-in-fact for Charles E. Golden		01/06/2015
**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)	Conversion price is 1 for 1 with common stock.
(2)	348 Deferred Stock Shares will automatically be converted into shares of Common Stock on the later of January 1, 2021 or the six-month anniversary after leaving the board; 750 Deferred Stock Shares will automatically be converted into shares of Common Stock on the later of January 1, 2020 or the six-month anniversary after leaving the board; 923 Deferred Stock Shares will automatically be converted into shares of Common Stock on the later of January 1, 2019 or the six-month anniversary after leaving the board; 966 Deferred Stock Shares will automatically be converted into shares of Common Stock on the later of January 1, 2018 or the six-month anniversary after leaving the board; 753 Deferred Stock Shares will automatically be converted into shares of Common Stock on the later of January 1, 2017 or the six-month anniversary after leaving the board.

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