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Andersons, Inc. Director's Dealing 2020

Mar 4, 2020

32002_dirs_2020-03-04_f659a821-c15b-46fe-b917-e3d44e954fac.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: 2020-03-02

Reporting Person: Pirolli James J (President, Ethanol Group)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-03-02 COMMON STOCK A 3974 $0.00 Acquired 12375.418 Direct
2020-03-02 COMMON STOCK A 1464 $0.00 Acquired 3604.778 Indirect
2020-03-02 PERFORMANCE SHARE UNIT (EPS) (2023) A 3974 $0.00 Acquired 3974 Direct
2020-03-02 PERFORMANCE SHARE UNIT (EPS) (2023) A 1464 $0.00 Acquired 1464 Indirect
2020-03-02 PERFORMANCE SHARE UNIT (TSR) (2023) A 3974 $0.00 Acquired 3974 Direct
2020-03-02 PERFORMANCE SHARE UNIT (TSR) (2023) A 1464 $0.00 Acquired 1464 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
PERFORMANCE SHARE UNIT (EPS) (2021) 1250 Direct
PERFORMANCE SHARE UNIT (EPS) (2021) 362 Indirect
PERFORMANCE SHARE UNIT (EPS) (2022) 1188 Direct
PERFORMANCE SHARE UNIT (EPS) (2022) 808 Indirect
PERFORMANCE SHARE UNIT (TSR) (2021) 1250 Direct
PERFORMANCE SHARE UNIT (TSR) (2021) 362 Indirect
PERFORMANCE SHARE UNIT (TSR) (2022) 1188 Direct
PERFORMANCE SHARE UNIT (TSR) (2022) 808 Indirect

Footnotes

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.