Patrick E. Bowe - Nov 4, 2021 Form 4 Insider Report for Andersons, Inc. (ANDE)

Role
President & CEO, Director
Signature
Patrick E. Bowe, by Melissa Trippel, Limited Power of Attorney
Stock symbol
ANDE
Transactions as of
Nov 4, 2021
Transactions value $
-$4,814,586
Form type
4
Date filed
11/8/2021, 02:00 PM
Next filing
Nov 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE Common Stock Sale -$2.82M -77K -38.5% $36.64 123K Nov 4, 2021 Direct F1
transaction ANDE Common Stock Sale -$74.1K -2K -1.63% $37.04 121K Nov 4, 2021 Direct F2
transaction ANDE Common Stock Sale -$1.76M -46.9K -38.82% $37.57 74K Nov 5, 2021 Direct F3
transaction ANDE Common Stock Options Exercise $1.08M +30.4K +41.09% $35.40 104K Nov 4, 2021 Direct
transaction ANDE Common Stock Options Exercise $368K +10.4K +9.97% $35.40 115K Nov 4, 2021 Direct
transaction ANDE Common Stock Options Exercise $708K +20K +17.42% $35.40 135K Nov 5, 2021 Direct
transaction ANDE Common Stock Options Exercise $952K +26.9K +19.95% $35.40 162K Nov 5, 2021 Direct
transaction ANDE Common Stock Options Exercise $2.12K +60 +0.04% $35.40 162K Nov 5, 2021 Direct
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2023) 72.3K Nov 4, 2021 Direct F4
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 59.5K Nov 4, 2021 Direct F4
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 59.5K Nov 4, 2021 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2022) 43.3K Nov 4, 2021 Direct F4
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2023) 72.3K Nov 4, 2021 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2022) 43.3K Nov 4, 2021 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ANDE Common Stock Options Exercise -$1.11M -30.4K -9.35% $36.67 295K Nov 4, 2021 Common Stock 30.4K $35.40 Direct
transaction ANDE Common Stock Options Exercise -$385K -10.4K -3.53% $37.01 284K Nov 4, 2021 Common Stock 10.4K $35.40 Direct
transaction ANDE Common Stock Options Exercise -$751K -20K -7.04% $37.56 264K Nov 5, 2021 Common Stock 20K $35.40 Direct
transaction ANDE Common Stock Options Exercise -$1.01M -26.9K -10.18% $37.57 237K Nov 5, 2021 Common Stock 26.9K $35.40 Direct
transaction ANDE Common Stock Options Exercise -$2.28K -60 -0.03% $38.02 237K Nov 5, 2021 Common Stock 60 $35.40 Direct
holding ANDE Common Stock 325K Nov 4, 2021 Common Stock 325K $35.40 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $36.02 to $37.02. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed in multiple trades at prices ranging from $37.04 to $37.05. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $37.12 to $38.015. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 Stock performance unit (TSR) granted pursuant to The Andersons, Inc. Plan. Units vest 100% in 3 years contingent on the Company's annualized total shareholder return. Number of underlying shares are based upon the level of satisfaction of the total shareholder return for the performance period.
F5 Stock performance unit granted pursuant to The Andersons, Inc. Plan. Units vest 100% in 3 years contingent on cumulative EPS. Number of underlying shares are determined by the three-year cumulative fully diluted EPS for the performance period.