Anne G. Rex - 21 Feb 2023 Form 4 Insider Report for Andersons, Inc. (ANDE)

Role
VP, Strategy, Planning and Dev
Signature
Anne G. Rex, by Melissa Trippel, Limited Power of Attorney
Issuer symbol
ANDE
Transactions as of
21 Feb 2023
Net transactions value
+$159,936
Form type
4
Filing time
22 Feb 2023, 10:32:15 UTC
Previous filing
06 Jan 2023
Next filing
01 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 +141 +4.9% $0.000000 3,017 21 Feb 2023 Direct F1
transaction ANDE PERFORMANCE SHARE UNIT (TSR) (2023) Other $0 +101 +3.5% $0.000000 2,977 21 Feb 2023 Direct F1
transaction ANDE PERFORMANCE SHARE UNIT (EPS) (2023) Other $0 -3,017 -100% $0.000000* 0 21 Feb 2023 Direct F2
transaction ANDE PERFORMANCE SHARE UNIT (TSR) (2023) Other $0 -2,172 -73% $0.000000 805 21 Feb 2023 Direct F2
transaction ANDE PERFORMANCE SHARE UNIT (TSR) (2023) Other $0 -805 -100% $0.000000* 0 21 Feb 2023 Direct F3
transaction ANDE Common Stock Other $134,961 +3,017 +15% $44.74 22,757 21 Feb 2023 Direct F4
transaction ANDE Common Stock Other $97,185 +2,172 +9.5% $44.74 24,929 21 Feb 2023 Direct F4
transaction ANDE Common Stock Tax liability $43,174 -965 -3.9% $44.74 23,964 21 Feb 2023 Direct
transaction ANDE Common Stock Tax liability $29,036 -649 -2.7% $44.74 23,315 21 Feb 2023 Direct
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 2,500 21 Feb 2023 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2025) 1,714 21 Feb 2023 Direct F5
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 2,500 21 Feb 2023 Direct F6
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2025) 1,714 21 Feb 2023 Direct F6
holding ANDE RESTRICTED SHARE UNIT (2025) 1,713 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 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.