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Andersons, Inc. Director's Dealing 2023

Aug 21, 2023

32002_dirs_2023-08-21_83de0888-3cff-40a2-a45e-4a9df9583ea7.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: 2023-08-17

Reporting Person: Krueger William E. (Chief Operating Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-08-17 Common Stock S 26295 $50.50 Disposed 2645.58 Direct
2023-08-17 Common Stock S 4 $50.505 Disposed 2641.58 Direct
2023-08-17 Common Stock S 53 $50.51 Disposed 2588.58 Direct
2023-08-17 Common Stock S 100 $50.52 Disposed 2488.58 Direct

Holdings (Non-Derivative)

Security Shares Ownership
PERFORMANCE SHARE UNIT (EPS) (2024) 8616 Direct
Common Stock 515539 Indirect
PERFORMANCE SHARE UNIT (EPS) (2026) 27698 Direct
PERFORMANCE SHARE UNIT (TSR) (2026) 27698 Direct
PERFORMANCE SHARE UNIT (TSR) (2024) 8616 Direct
PERFORMANCE SHARE UNIT (TSR) (2025) 7138 Direct
RESTRICTED SHARE UNIT (2026) 18465 Direct
PERFORMANCE SHARE UNIT (EPS) (2025) 7138 Direct
RESTRICTED SHARE UNIT (2025) 4757 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: Restricted share units vest one year after grant date.