Patrick E. Bowe - 28 Feb 2022 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
28 Feb 2022
Transactions value $
-$879,125
Form type
4
Filing time
01 Mar 2022, 08:48:03 UTC
Previous filing
28 Feb 2022
Next filing
04 Mar 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 $287,625 +8,125 +5.65% $35.4 152,039 28 Feb 2022 Direct
transaction ANDE Common Stock Sale -$361,562 -8,125 -5.34% $44.5 143,914 28 Feb 2022 Direct
transaction ANDE Common Stock Options Exercise $287,625 +8,125 +5.65% $35.4 152,039 28 Feb 2022 Direct
transaction ANDE Common Stock Sale -$365,625 -8,125 -5.34% $45 143,914 28 Feb 2022 Direct
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2023) 72,268 28 Feb 2022 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 59,542 28 Feb 2022 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 59,542 28 Feb 2022 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2022) 43,346 28 Feb 2022 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2023) 72,268 28 Feb 2022 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2022) 43,346 28 Feb 2022 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 Award -$361,562 -8,125 -50% $44.5 8,125 28 Feb 2022 Common Stock 8,125 $35.4 Direct
transaction ANDE Common Stock Award -$365,625 -8,125 -100% $45 0 28 Feb 2022 Common Stock 8,125 $35.4 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.