Patrick E. Bowe - Mar 1, 2023 Form 4 Insider Report for Andersons, Inc. (ANDE)

Role
President & CEO, Director
Signature
Patrick E. Bowe, by Melissa Trippel, Limited Power of Attorney
Stock symbol
ANDE
Transactions as of
Mar 1, 2023
Transactions value $
$233,542
Form type
4
Date filed
3/3/2023, 02:39 PM
Previous filing
Feb 22, 2023
Next filing
Aug 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDE PERFORMANCE SHARE UNIT (EPS) (2026) Award $0 +39.4K $0.00 39.4K Mar 1, 2023 Direct F1
transaction ANDE PERFORMANCE SHARE UNIT (TSR) (2026) Award $0 +39.4K $0.00 39.4K Mar 1, 2023 Direct F2
transaction ANDE RESTRICTED SHARE UNIT (2026) Award $0 +26.2K $0.00 26.2K Mar 1, 2023 Direct F3
transaction ANDE RESTRICTED SHARE UNIT (2025) Other $0 +145 +0.53% $0.00 27.6K Mar 1, 2023 Direct F4
transaction ANDE RESTRICTED SHARE UNIT (2025) Other $0 -9.28K -33.69% $0.00 18.3K Mar 1, 2023 Direct F5
transaction ANDE Common Stock Other $423K +9.28K +4.31% $45.63 225K Mar 1, 2023 Direct F6
transaction ANDE Common Stock Tax liability -$190K -4.16K -1.85% $45.63 220K Mar 1, 2023 Direct
holding ANDE Common Stock 215K Mar 1, 2023 Direct
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 59.5K Mar 1, 2023 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2025) 41.1K Mar 1, 2023 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 59.5K Mar 1, 2023 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2025) 41.1K Mar 1, 2023 Direct F2
holding ANDE RESTRICTED SHARE UNIT (2025) 27.4K Mar 1, 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.
F4 Dividend equivalent received.
F5 RSU vested.
F6 Shares received from vesting of RSU (Restricted Share Unit).