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Andersons, Inc. Director's Dealing 2022

Mar 1, 2022

32002_dirs_2022-03-01_32bd9df9-a641-4815-95ad-47b1b6f99fe8.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: 2022-02-28

Reporting Person: Bowe Patrick E. (Director, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-02-28 Common Stock M 8125 $35.40 Acquired 152039.4144 Direct
2022-02-28 Common Stock S 8125 $44.50 Disposed 143914.4144 Direct
2022-02-28 Common Stock M 8125 $35.40 Acquired 152039.4144 Direct
2022-02-28 Common Stock S 8125 $45 Disposed 143914.4144 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-02-28 Common Stock $35.4 A 8125 Disposed 2022-11-02 Common Stock (8125.0) Direct
2022-02-28 Common Stock $35.4 A 8125 Disposed 2022-11-02 Common Stock (8125.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
PERFORMANCE SHARE UNIT (TSR) (2023) 72268 Direct
PERFORMANCE SHARE UNIT (TSR) (2024) 59542 Direct
PERFORMANCE SHARE UNIT (EPS) (2024) 59542 Direct
PERFORMANCE SHARE UNIT (TSR) (2022) 43346 Direct
PERFORMANCE SHARE UNIT (EPS) (2023) 72268 Direct
PERFORMANCE SHARE UNIT (EPS) (2022) 43346 Direct

Footnotes

F1: 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.

F2: 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.