Patrick E. Bowe - Feb 28, 2022 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
Feb 28, 2022
Transactions value $
-$879,125
Form type
4
Date filed
3/1/2022, 08:48 AM
Previous filing
Feb 28, 2022
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE Common Stock Options Exercise $288K +8.13K +5.65% $35.40 152K Feb 28, 2022 Direct
transaction ANDE Common Stock Sale -$362K -8.13K -5.34% $44.50 144K Feb 28, 2022 Direct
transaction ANDE Common Stock Options Exercise $288K +8.13K +5.65% $35.40 152K Feb 28, 2022 Direct
transaction ANDE Common Stock Sale -$366K -8.13K -5.34% $45.00 144K Feb 28, 2022 Direct
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2023) 72.3K Feb 28, 2022 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 59.5K Feb 28, 2022 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 59.5K Feb 28, 2022 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2022) 43.3K Feb 28, 2022 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2023) 72.3K Feb 28, 2022 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2022) 43.3K Feb 28, 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 -$362K -8.13K -50% $44.50 8.13K Feb 28, 2022 Common Stock 8.13K $35.40 Direct
transaction ANDE Common Stock Award -$366K -8.13K -100% $45.00 0 Feb 28, 2022 Common Stock 8.13K $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.