Brian A. Valentine - 21 Feb 2023 Form 4 Insider Report for Andersons, Inc. (ANDE)

Role
EVP & Chief Financial Officer
Signature
Brian A. Valentine, by Melissa Trippel, Limited Power of Attorney
Issuer symbol
ANDE
Transactions as of
21 Feb 2023
Net transactions value
+$689,623
Form type
4
Filing time
22 Feb 2023, 10:28:10 UTC
Previous filing
06 Jan 2023
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE PERFORMANCE SHARE UNIT (EPS) (2023) Other $0 +634 +4.9% $0.000000 13,600 21 Feb 2023 Direct F1
transaction ANDE PERFORMANCE SHARE UNIT (TSR) (2023) Other $0 +456 +3.5% $0.000000 13,422 21 Feb 2023 Direct F1
transaction ANDE PERFORMANCE SHARE UNIT (EPS) (2023) Other $0 -13,600 -100% $0.000000* 0 21 Feb 2023 Direct F2
transaction ANDE PERFORMANCE SHARE UNIT (TSR) (2023) Other $0 -9,792 -73% $0.000000 3,630 21 Feb 2023 Direct F2
transaction ANDE Common Stock Other $608,451 +13,600 +35% $44.74 53,014 21 Feb 2023 Direct F3
transaction ANDE Common Stock Other $438,108 +9,792 +18% $44.74 62,806 21 Feb 2023 Direct F3
transaction ANDE PERFORMANCE SHARE UNIT (TSR) (2023) Other $0 -3,630 -100% $0.000000* 0 21 Feb 2023 Direct F4
transaction ANDE Common Stock Tax liability $178,602 -3,992 -6.4% $44.74 58,814 21 Feb 2023 Direct
transaction ANDE Common Stock Tax liability $178,334 -3,986 -6.8% $44.74 54,828 21 Feb 2023 Direct
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 11,142 21 Feb 2023 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2025) 8,908 21 Feb 2023 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 11,142 21 Feb 2023 Direct F6
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2025) 9 21 Feb 2023 Direct F6
holding ANDE RESTRICTED SHARE UNIT (2025) 8,907 21 Feb 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 Shares received from vesting of PSU (Performance Share Unit).
F4 PSU Vesting for fewer than allocated shares. Excess shares are being cancelled.
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.