Patrick E. Bowe - Mar 16, 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 16, 2022
Transactions value $
-$76,353
Form type
4
Date filed
3/17/2022, 02:37 PM
Previous filing
Mar 17, 2022
Next filing
Jan 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE Common Stock Sale -$76.4K -1.77K -1.17% $43.11 149K Mar 16, 2022 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2023) 72.3K Mar 16, 2022 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2025) 41.1K Mar 16, 2022 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 59.5K Mar 16, 2022 Direct F3
holding ANDE RESTRICTED SHARE UNIT (2025) 27.4K Mar 16, 2022 Direct F4
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2023) 72.3K Mar 16, 2022 Direct F3
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2025) 41.1K Mar 16, 2022 Direct F3
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 59.5K Mar 16, 2022 Direct F2
* 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 $42.715 to $43.630. 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 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.
F3 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.
F4 Restricted share units have a graded vesting schedule over the three-year period from date of grant.