Anne G. Rex - Feb 28, 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
Stock symbol
ANDE
Transactions as of
Feb 28, 2023
Transactions value $
-$121,178
Form type
4
Date filed
3/1/2023, 12:51 PM
Previous filing
Feb 22, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE Common Stock Sale -$1 -0.02 0% $45.45 23.3K Feb 28, 2023 Direct
transaction ANDE Common Stock Sale -$121K -2.67K -11.43% $45.47 20.7K Feb 28, 2023 Direct
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 2.5K Feb 28, 2023 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2025) 1.71K Feb 28, 2023 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 2.5K Feb 28, 2023 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2025) 1.71K Feb 28, 2023 Direct F2
holding ANDE RESTRICTED SHARE UNIT (2025) 1.71K Feb 28, 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.