Patrick E. Bowe - Mar 15, 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
Mar 15, 2022
Transactions value $
$272,506
Form type
4
Date filed
3/17/2022, 12:06 PM
Previous filing
Mar 4, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE Common Stock Other $494K +12.8K +8.93% $38.47 157K Mar 15, 2022 Direct F1
transaction ANDE Common Stock Tax liability -$222K -5.76K -3.68% $38.47 151K Mar 15, 2022 Direct
transaction ANDE PERFORMANCE SHARE UNIT (EPS) (2022) Other $0 -31.2K -72% $0.00 12.1K Mar 15, 2022 Direct F2
transaction ANDE PERFORMANCE SHARE UNIT (EPS) (2022) Other $0 +709 +5.84% $0.00 12.8K Mar 15, 2022 Direct F3
transaction ANDE PERFORMANCE SHARE UNIT (EPS) (2022) Other $0 -12.8K -100% $0.00* 0 Mar 15, 2022 Direct F4
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2023) 72.3K Mar 15, 2022 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 59.5K Mar 15, 2022 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2025) 41.1K Mar 15, 2022 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2023) 72.3K Mar 15, 2022 Direct F6
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 59.5K Mar 15, 2022 Direct F6
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2025) 41.1K Mar 15, 2022 Direct F6
holding ANDE RESTRICTED SHARE UNIT (2025) 27.4K Mar 15, 2022 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares received from vesting of PSU (Performance Share Unit).
F2 PSU Vesting for fewer than allocated shares. Excess shares are being cancelled.
F3 Dividend equivalent received.
F4 PSU vested.
F5 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.
F6 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.
F7 Restricted share units have a graded vesting schedule over the three-year period from date of grant.