Patrick E. Bowe - 15 Feb 2022 Form 4 Insider Report for Andersons, Inc. (ANDE)

Reporting relationship: President & CEO, Director
Issuer ticker: ANDE
Reported as of: 15 Feb 2022
Net transaction value: -$1,281,998
SEC form: 4
Accepted by SEC: 17 Feb 2022, 14:26:55 UTC
Prior SEC filing: 13 Jan 2022
Next SEC filing: 24 Feb 2022
Source filing: View source filing
Reporting owner signature: Patrick E. Bowe, by Melissa Trippel, Limited Power of Attorney

Filing notes and source

Key filing fact

Patrick E. Bowe filed Form 4 for Andersons, Inc. (ANDE) on 17 Feb 2022.

Key facts

This page summarizes Patrick E. Bowe's Form 4 filing for Andersons, Inc. (ANDE).
9 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 17 Feb 2022, 14:26.

Change

Previous filing in this sequence was filed on 13 Jan 2022.
Current net transaction value: -$1,281,998.

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

Options Exercise

Transaction value: $1,002,740
Shares: +28,326
Change %: +20%
Price: $35.40
Shares after: 172,240
Date: 15 Feb 2022
Ownership: Direct

ANDE transaction

Common Stock

Sale

Transaction value: $1,133,139
Shares: -28,326
Change %: -16%
Price: $40.00
Shares after: 143,914
Date: 15 Feb 2022
Ownership: Direct
Footnotes: F1

ANDE transaction

Common Stock

Options Exercise

Transaction value: $3,186
Shares: +90
Change %: +0.06%
Price: $35.40
Shares after: 144,004
Date: 16 Feb 2022
Ownership: Direct

ANDE transaction

Common Stock

Options Exercise

Transaction value: $11,009
Shares: +311
Change %: +0.22%
Price: $35.40
Shares after: 144,315
Date: 16 Feb 2022
Ownership: Direct

ANDE transaction

Common Stock

Sale

Transaction value: $3,651
Shares: -90
Change %: -0.06%
Price: $40.57
Shares after: 144,225
Date: 16 Feb 2022
Ownership: Direct

ANDE transaction

Common Stock

Sale

Transaction value: $12,677
Shares: -311
Change %: -0.22%
Price: $40.76
Shares after: 143,914
Date: 16 Feb 2022
Ownership: Direct
Footnotes: F2

ANDE holding

PERFORMANCE SHARE UNIT (TSR) (2023)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 72,268
Date: 15 Feb 2022
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: 15 Feb 2022
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: 15 Feb 2022
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: 15 Feb 2022
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: 15 Feb 2022
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: 15 Feb 2022
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: $1,133,139
Shares: -28,326
Change %: -25%
Price: $40.00
Shares after: 82,969
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 28,326
Exercise price: $35.40

ANDE transaction Derivative

Common Stock

Options Exercise

Transaction value: $3,651
Shares: -90
Change %: -0.11%
Price: $40.57
Shares after: 82,879
Date: 16 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 90
Exercise price: $35.40

ANDE transaction Derivative

Common Stock

Options Exercise

Transaction value: $12,677
Shares: -311
Change %: -0.38%
Price: $40.76
Shares after: 82,568
Date: 16 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 311
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 $40.00 to $40.04. 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 $40.62 to $41.05. 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.

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.

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