Brian K. Walz - 07 Nov 2022 Form 4 Insider Report for Andersons, Inc. (ANDE)

Role
VP & Treasurer
Signature
Brian K. Walz, by Melissa Trippel, Limited Power of Attorney
Issuer symbol
ANDE
Transactions as of
07 Nov 2022
Net transactions value
-$15,907
Form type
4
Filing time
09 Nov 2022, 13:23:59 UTC
Previous filing
17 Mar 2022
Next filing
06 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE Common Stock Award $0 +84 +0.45% $0.000000 18,866 07 Nov 2022 Direct
transaction ANDE Common Stock Tax liability $15,907 -451 -2.4% $35.27 18,415 07 Nov 2022 Direct
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2023) 2,116 07 Nov 2022 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 1,742 07 Nov 2022 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2025) 1,656 07 Nov 2022 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2023) 2,116 07 Nov 2022 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 1,742 07 Nov 2022 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2025) 1,656 07 Nov 2022 Direct F2
holding ANDE RESTRICTED SHARE UNIT (2025) 1,656 07 Nov 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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 Restricted share units have a graded vesting schedule over the three-year period from date of grant.