Christine M. Castellano - Feb 21, 2023 Form 4 Insider Report for Andersons, Inc. (ANDE)

Role
EVP, Gen Counsel & Corp Sec
Signature
Christine M. Castellano, by Melissa Trippel, Limited Power of Attorney
Stock symbol
ANDE
Transactions as of
Feb 21, 2023
Transactions value $
$390,496
Form type
4
Date filed
2/22/2023, 10:01 AM
Previous filing
Jan 6, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE PERFORMANCE SHARE UNIT (EPS) (2023) Other $0 +341 +4.89% $0.00 7.31K Feb 21, 2023 Direct F1
transaction ANDE PERFORMANCE SHARE UNIT (TSR) (2023) Other $0 +245 +3.52% $0.00 7.22K Feb 21, 2023 Direct F1
transaction ANDE PERFORMANCE SHARE UNIT (EPS) (2023) Other $0 -7.31K -100% $0.00* 0 Feb 21, 2023 Direct F2
transaction ANDE PERFORMANCE SHARE UNIT (TSR) (2023) Other $0 -5.27K -72.95% $0.00 1.95K Feb 21, 2023 Direct F2
transaction ANDE PERFORMANCE SHARE UNIT (TSR) (2023) Other $0 -1.95K -100% $0.00* 0 Feb 21, 2023 Direct F3
transaction ANDE Common Stock Other $327K +7.31K +51.39% $44.74 21.5K Feb 21, 2023 Direct F4
transaction ANDE Common Stock Other $236K +5.27K +24.44% $44.74 26.8K Feb 21, 2023 Direct F4
transaction ANDE Common Stock Tax liability -$100K -2.24K -8.35% $44.74 24.6K Feb 21, 2023 Direct
transaction ANDE Common Stock Tax liability -$72.1K -1.61K -6.56% $44.74 23K Feb 21, 2023 Direct
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 5.74K Feb 21, 2023 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2025) 4.28K Feb 21, 2023 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 5.74K Feb 21, 2023 Direct F6
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2025) 4.28K Feb 21, 2023 Direct F6
holding ANDE RESTRICTED SHARE UNIT (2025) 4.28K Feb 21, 2023 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Dividend equivalent received.
F2 PSU vested.
F3 PSU Vesting for fewer than allocated shares. Excess shares are being cancelled.
F4 Shares received from vesting of PSU (Performance Share Unit).
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.