Patrick E. Bowe - 30 Dec 2021 Form 4 Insider Report for Andersons, Inc. (ANDE)

Role
President & CEO, Director
Signature
Patrick E. Bowe, by Melissa Trippel, Limited Power of Attorney
Issuer symbol
ANDE
Transactions as of
30 Dec 2021
Net transactions value
-$3,925
Form type
4
Filing time
03 Jan 2022, 09:58:12 UTC
Previous filing
29 Dec 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE Common Stock Options Exercise $3,186 +90 +0.06% $35.40 161,817 30 Dec 2021 Direct
transaction ANDE Common Stock Sale $3,555 -90 -0.06% $39.50 161,727 30 Dec 2021 Direct
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2023) 72,268 30 Dec 2021 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 59,542 30 Dec 2021 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 59,542 30 Dec 2021 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2022) 43,346 30 Dec 2021 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2023) 72,268 30 Dec 2021 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2022) 43,346 30 Dec 2021 Direct F2

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 $3,555 -90 -0.06% $39.50 141,910 30 Dec 2021 Common Stock 90 $35.40 Direct
holding ANDE Common Stock 142,000 30 Dec 2021 Common Stock 142,000 $35.40 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.