Anne G. Rex - 28 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
28 Feb 2023
Net transactions value
-$121,178
Form type
4
Filing time
01 Mar 2023, 12:51:34 UTC
Previous filing
22 Feb 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 Common Stock Sale $0.909 -0 -0% $45.45 23,315 28 Feb 2023 Direct
transaction ANDE Common Stock Sale $121,178 -2,665 -11% $45.47 20,650 28 Feb 2023 Direct
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 2,500 28 Feb 2023 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2025) 1,714 28 Feb 2023 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 2,500 28 Feb 2023 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2025) 1,714 28 Feb 2023 Direct F2
holding ANDE RESTRICTED SHARE UNIT (2025) 1,713 28 Feb 2023 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.