Patrick E. Bowe - Nov 8, 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 8, 2021
Transactions value $
-$1,383,493
Form type
4
Date filed
11/10/2021, 01:16 PM
Previous filing
Nov 8, 2021
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE Common Stock Sale -$826K -21.7K -13.41% $38.08 140K Nov 8, 2021 Direct F1
transaction ANDE Common Stock Sale -$465K -12.2K -8.68% $38.22 128K Nov 9, 2021 Direct F2
transaction ANDE Common Stock Options Exercise $124K +3.52K +2.75% $35.40 131K Nov 8, 2021 Direct
transaction ANDE Common Stock Options Exercise $644K +18.2K +13.84% $35.40 150K Nov 8, 2021 Direct
transaction ANDE Common Stock Options Exercise $430K +12.2K +8.13% $35.40 162K Nov 9, 2021 Direct
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2023) 72.3K Nov 8, 2021 Direct F3
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 59.5K Nov 8, 2021 Direct F3
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 59.5K Nov 8, 2021 Direct F4
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2022) 43.3K Nov 8, 2021 Direct F3
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2023) 72.3K Nov 8, 2021 Direct F4
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2022) 43.3K Nov 8, 2021 Direct F4

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 -$134K -3.52K -1.48% $38.00 234K Nov 8, 2021 Common Stock 3.52K $35.40 Direct
transaction ANDE Common Stock Options Exercise -$693K -18.2K -7.78% $38.10 216K Nov 8, 2021 Common Stock 18.2K $35.40 Direct
transaction ANDE Common Stock Options Exercise -$465K -12.2K -5.64% $38.22 203K Nov 9, 2021 Common Stock 12.2K $35.40 Direct
holding ANDE Common Stock 237K Nov 8, 2021 Common Stock 237K $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 $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.
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.
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.
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.