Patrick E. Bowe - 07 Aug 2023 Form 4 Insider Report for Andersons, Inc. (ANDE)

Role
President & CEO, Director
Signature
Patrick E. Bowe, by Melissa Trippel, Limited Power of Attorney
Issuer symbol
ANDE
Transactions as of
07 Aug 2023
Net transactions value
-$133,518
Form type
4
Filing time
09 Aug 2023, 14:21:49 UTC
Previous filing
07 Aug 2023
Next filing
31 Aug 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 $133,518 -2,498 -1.7% $53.45 142,169 07 Aug 2023 Direct
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2025) 41,108 07 Aug 2023 Direct F1
holding ANDE RESTRICTED SHARE UNIT (2025) 18,269 07 Aug 2023 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2025) 41,108 07 Aug 2023 Direct F3
holding ANDE RESTRICTED SHARE UNIT (2026) 26,240 07 Aug 2023 Direct F2
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2024) 59,542 07 Aug 2023 Direct F3
holding ANDE PERFORMANCE SHARE UNIT (TSR) (2026) 39,360 07 Aug 2023 Direct F3
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2026) 39,360 07 Aug 2023 Direct F1
holding ANDE PERFORMANCE SHARE UNIT (EPS) (2024) 59,542 07 Aug 2023 Direct F1
* 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 Restricted share units vest one year after grant date.
F3 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.