Patrick E. Bowe - 08 Nov 2021 Form 4 Insider Report for Andersons, Inc. (ANDE)

Reporting relationship: President & CEO, Director
Issuer ticker: ANDE
Reported as of: 08 Nov 2021
Net transaction value: -$1,383,493
SEC form: 4
Accepted by SEC: 10 Nov 2021, 13:16:29 UTC
Prior SEC filing: 08 Nov 2021
Next SEC filing: 15 Nov 2021
Source filing: View source filing
Reporting owner signature: Patrick E. Bowe, by Melissa Trippel, Limited Power of Attorney

Key filing fact

Patrick E. Bowe filed Form 4 for Andersons, Inc. (ANDE) on 10 Nov 2021.

Key facts

This page summarizes Patrick E. Bowe's Form 4 filing for Andersons, Inc. (ANDE).
8 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 10 Nov 2021, 13:16.

Change

Previous filing in this sequence was filed on 08 Nov 2021.
Current net transaction value: -$1,383,493.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ANDE transaction

Common Stock

Sale

Transaction value: $826,194
Shares: -21,694
Change %: -13%
Price: $38.08
Shares after: 140,033
Date: 08 Nov 2021
Ownership: Direct
Footnotes: F1

ANDE transaction

Common Stock

Sale

Transaction value: $464,793
Shares: -12,161
Change %: -8.7%
Price: $38.22
Shares after: 127,872
Date: 09 Nov 2021
Ownership: Direct
Footnotes: F2

ANDE transaction

Common Stock

Options Exercise

Transaction value: $124,431
Shares: +3,515
Change %: +2.7%
Price: $35.40
Shares after: 131,387
Date: 08 Nov 2021
Ownership: Direct

ANDE transaction

Common Stock

Options Exercise

Transaction value: $643,537
Shares: +18,179
Change %: +14%
Price: $35.40
Shares after: 149,566
Date: 08 Nov 2021
Ownership: Direct

ANDE transaction

Common Stock

Options Exercise

Transaction value: $430,499
Shares: +12,161
Change %: +8.1%
Price: $35.40
Shares after: 161,727
Date: 09 Nov 2021
Ownership: Direct

ANDE holding

PERFORMANCE SHARE UNIT (TSR) (2023)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 72,268
Date: 08 Nov 2021
Ownership: Direct
Footnotes: F3

ANDE holding

PERFORMANCE SHARE UNIT (TSR) (2024)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 59,542
Date: 08 Nov 2021
Ownership: Direct
Footnotes: F3

ANDE holding

PERFORMANCE SHARE UNIT (EPS) (2024)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 59,542
Date: 08 Nov 2021
Ownership: Direct
Footnotes: F4

ANDE holding

PERFORMANCE SHARE UNIT (TSR) (2022)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 43,346
Date: 08 Nov 2021
Ownership: Direct
Footnotes: F3

ANDE holding

PERFORMANCE SHARE UNIT (EPS) (2023)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 72,268
Date: 08 Nov 2021
Ownership: Direct
Footnotes: F4

ANDE holding

PERFORMANCE SHARE UNIT (EPS) (2022)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 43,346
Date: 08 Nov 2021
Ownership: Direct
Footnotes: F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ANDE transaction Derivative

Common Stock

Options Exercise

Transaction value: $133,577
Shares: -3,515
Change %: -1.5%
Price: $38.00
Shares after: 233,740
Date: 08 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,515
Exercise price: $35.40

ANDE transaction Derivative

Common Stock

Options Exercise

Transaction value: $692,607
Shares: -18,179
Change %: -7.8%
Price: $38.10
Shares after: 215,561
Date: 08 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 18,179
Exercise price: $35.40

ANDE transaction Derivative

Common Stock

Options Exercise

Transaction value: $464,787
Shares: -12,161
Change %: -5.6%
Price: $38.22
Shares after: 203,400
Date: 09 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,161
Exercise price: $35.40

ANDE holding Derivative

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 237,255
Date: 08 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 237,255
Exercise price: $35.40

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

This transaction was executed in multiple trades at prices ranging from $37.64 to $38.29. 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.

Footnote F2

This transaction was executed in multiple trades at prices ranging from $38.00 to $38.43. 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.

Footnote F3

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.

Footnote F4

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.