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Andersons, Inc. Director's Dealing 2019

Feb 21, 2019

32002_dirs_2019-02-21_e6049e47-2217-4a63-96fb-54374fecd146.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Andersons, Inc. (ANDE)
CIK: 0000821026
Period of Report: 2019-02-20

Reporting Person: IRMEN MICHAEL S (President, Ethanol Group)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-02-20 COMMON STOCK J 69 $35.24 Acquired 5814.21 Direct
2019-02-20 COMMON STOCK F 25 $35.24 Disposed 5789.21 Direct
2019-02-20 PERFORMANCE SHARE UNIT (TSR) (2019) J 673 $0.00 Disposed 65 Direct
2019-02-20 PERFORMANCE SHARE UNIT (TSR) (2019) J 4 $0.00 Acquired 69 Direct
2019-02-20 PERFORMANCE SHARE UNIT (TSR) (2019) J 69 $0.00 Disposed 0 Direct

Holdings (Non-Derivative)

Security Shares Ownership
PERFORMANCE SHARE UNIT (EPS) (2019) 738 Direct
PERFORMANCE SHARE UNIT (EPS) (2020) 2332 Direct
PERFORMANCE SHARE UNIT (EPS) (2021) 2908 Direct
PERFORMANCE SHARE UNIT (TSR) (2020) 2332 Direct
PERFORMANCE SHARE UNIT (TSR) (2021) 2908 Direct

Footnotes

F1: Shares received from vesting of PSU (Performance Share Unit). Agreement allows 75 days from performance end date to issue shares.

F2: PSU Vesting for fewer than originally allocated shares. Excess shares are being cancelled.

F3: Dividend equivalent received.

F4: PSU Vested.

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.