Statement of Changes in Beneficial Ownership (4)
March 03 2023 - 3:50PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Valentine Brian A |
2. Issuer Name and Ticker or Trading Symbol
Andersons, Inc.
[
ANDE
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP & Chief Financial Officer |
(Last)
(First)
(Middle)
P.O. BOX 119 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
3/1/2023 |
(Street)
MAUMEE, OH 43537
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
PERFORMANCE SHARE UNIT (EPS) (2026) | 3/1/2023 | | A | | 8528 | A | $0 | 8528 (1) | D | |
PERFORMANCE SHARE UNIT (TSR) (2026) | 3/1/2023 | | A | | 8528 | A | $0 | 8528 (2) | D | |
RESTRICTED SHARE UNIT (2026) | 3/1/2023 | | A | | 8528 | A | $0 | 8528 (3) | D | |
Common Stock | | | | | | | | 54828.05 | D | |
PERFORMANCE SHARE UNIT (EPS) (2024) | | | | | | | | 11142 (1) | D | |
PERFORMANCE SHARE UNIT (EPS) (2025) | | | | | | | | 8908 (1) | D | |
PERFORMANCE SHARE UNIT (TSR) (2024) | | | | | | | | 11142 (2) | D | |
PERFORMANCE SHARE UNIT (TSR) (2025) | | | | | | | | 8.908 (2) | D | |
RESTRICTED SHARE UNIT (2025) | | | | | | | | 8907 (3) | D | |
RESTRICTED SHARE UNIT (2025) | 3/1/2023 | | J(4) | | 47.19 | A | $0 | 8954.19 | D | |
RESTRICTED SHARE UNIT (2025) | 3/1/2023 | | J(5) | | 3017.19 | D | $0 | 5937 | D | |
Common Stock | 3/1/2023 | | J(6) | | 3017.19 | A | $45.63 | 57845.24 | D | |
Common Stock | 3/1/2023 | | F | | 1339 | D | $45.63 | 56506.24 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
(1) | 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. |
(2) | 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. |
(3) | Restricted share units have a graded vesting schedule over the three-year period from date of grant. |
(4) | Dividend equivalent received. |
(5) | RSU vested. |
(6) | Shares received from vesting of RSU (Restricted Share Unit). |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Valentine Brian A P.O. BOX 119 MAUMEE, OH 43537 |
|
| EVP & Chief Financial Officer |
|
Signatures
|
Brian A. Valentine, by Melissa Trippel, Limited Power of Attorney | | 3/3/2023 |
**Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
Andersons (NASDAQ:ANDE)
Historical Stock Chart
From Apr 2024 to May 2024
Andersons (NASDAQ:ANDE)
Historical Stock Chart
From May 2023 to May 2024