Brian K. Walz - 16 Feb 2023 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
16 Feb 2023
Net transactions value
-$114,120
Form type
4
Filing time
17 Feb 2023, 12:00:21 UTC
Previous filing
06 Jan 2023
Next filing
22 Feb 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 Sale $114,120 -2,536 -14% $45.00 15,462 16 Feb 2023 Direct F1
holding ANDE RESTRICTED SHARE UNIT (2025) 1,656 16 Feb 2023 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2025) 1,656 16 Feb 2023 Direct F3
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 1,742 16 Feb 2023 Direct F3
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2023) 2,116 16 Feb 2023 Direct F3
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2025) 1,656 16 Feb 2023 Direct F4
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 1,742 16 Feb 2023 Direct F4
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2023) 2,116 16 Feb 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale made pursuant to a 10b5-1 trading plan.
F2 Restricted share units have a graded vesting schedule over the three-year period from date of grant.
F3 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.
F4 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.