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Andersons, Inc. Director's Dealing 2023

Aug 7, 2023

32002_dirs_2023-08-07_c77fe1c5-cc10-4c07-9386-09bf2f093800.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: 2023-08-04

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-08-04 Common Stock S 20000 $52.70 Disposed 144667.1024 Direct

Holdings (Non-Derivative)

Security Shares Ownership
PERFORMANCE SHARE UNIT (EPS) (2025) 41108 Direct
RESTRICTED SHARE UNIT (2025) 18269 Direct
PERFORMANCE SHARE UNIT (TSR) (2025) 41108 Direct
RESTRICTED SHARE UNIT (2026) 26240 Direct
PERFORMANCE SHARE UNIT (TSR) (2026) 39360 Direct
PERFORMANCE SHARE UNIT (EPS) (2026) 39360 Direct
PERFORMANCE SHARE UNIT (EPS) (2024) 59542 Direct
PERFORMANCE SHARE UNIT (TSR) (2024) 59542 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: Restricted share units vest one year after grant date.

F3: 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.