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Andersons, Inc. Director's Dealing 2022

Jan 5, 2022

32002_dirs_2022-01-05_31994b64-1b26-446c-83ca-793413b3034e.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: 2022-01-03

Reporting Person: McNeely Joseph E (President, Rail Group)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-01-03 Common Stock F 2940 $38.71 Disposed 36655.9322 Direct
2022-01-04 Common Stock A 251.45 Acquired 36907.3822 Direct
2022-01-04 Common Stock J 979.1922 $24.51 Acquired 37886.5744 Direct

Holdings (Non-Derivative)

Security Shares Ownership
PERFORMANCE SHARE UNIT (EPS) (2024) 4596 Direct
PERFORMANCE SHARE UNIT (EPS) (2022) 3002 Direct
PERFORMANCE SHARE UNIT (EPS) (2023) 5020 Direct
PERFORMANCE SHARE UNIT (TSR) (2023) 5020 Direct
PERFORMANCE SHARE UNIT (TSR) (2022) 3002 Direct
PERFORMANCE SHARE UNIT (TSR) (2024) 4596 Direct

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.

F3: Acquired through Section 423 Employee Share Purchase Plan.