Patrick E. Bowe - 22 Feb 2022 Form 4 Insider Report for Andersons, Inc. (ANDE)

Signature
Patrick E. Bowe, by Melissa Trippel, Limited Power of Attorney
Issuer symbol
ANDE
Transactions as of
22 Feb 2022
Net transactions value
-$1,215,893
Form type
4
Filing time
24 Feb 2022, 13:35:55 UTC
Previous filing
17 Feb 2022
Next filing
28 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE Common Stock Options Exercise $3,540 +100 +0.07% $35.40 144,014 22 Feb 2022 Direct
transaction ANDE Common Stock Sale $4,008 -100 -0.07% $40.08 143,914 22 Feb 2022 Direct
transaction ANDE Common Stock Options Exercise $54,127 +1,529 +1.1% $35.40 145,443 23 Feb 2022 Direct
transaction ANDE Common Stock Sale $62,524 -1,529 -1.1% $40.89 143,914 23 Feb 2022 Direct F1
transaction ANDE Common Stock Options Exercise $276,616 +7,814 +5.4% $35.40 151,728 23 Feb 2022 Direct
transaction ANDE Common Stock Sale $321,909 -7,814 -5.1% $41.20 143,914 23 Feb 2022 Direct F2
transaction ANDE Common Stock Options Exercise $287,625 +8,125 +5.6% $35.40 152,039 23 Feb 2022 Direct
transaction ANDE Common Stock Sale $337,760 -8,125 -5.3% $41.57 143,914 23 Feb 2022 Direct F3
transaction ANDE Common Stock Options Exercise $287,625 +8,125 +5.6% $35.40 152,039 23 Feb 2022 Direct
transaction ANDE Common Stock Sale $336,512 -8,125 -5.3% $41.42 143,914 23 Feb 2022 Direct F4
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2023) 72,268 22 Feb 2022 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 59,542 22 Feb 2022 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 59,542 22 Feb 2022 Direct F6
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2022) 43,346 22 Feb 2022 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2023) 72,268 22 Feb 2022 Direct F6
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2022) 43,346 22 Feb 2022 Direct F6

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 $4,008 -100 -0.12% $40.08 82,468 22 Feb 2022 Common Stock 100 $35.40 Direct
transaction ANDE Common Stock Options Exercise $62,524 -1,529 -1.9% $40.89 80,939 23 Feb 2022 Common Stock 1,529 $35.40 Direct
transaction ANDE Common Stock Options Exercise $321,909 -7,814 -9.7% $41.20 73,125 23 Feb 2022 Common Stock 7,814 $35.40 Direct
transaction ANDE Common Stock Options Exercise $337,760 -8,125 -11% $41.57 65,000 23 Feb 2022 Common Stock 8,125 $35.40 Direct
transaction ANDE Common Stock Options Exercise $336,512 -8,125 -12% $41.42 56,875 23 Feb 2022 Common Stock 8,125 $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 $40.11 to $41.68. 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 $40.615 to $41.78. 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 $41.075 to $41.705. 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 This transaction was executed in multiple trades at prices ranging from $41.50 to $41.75. 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.
F5 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.
F6 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.