SEC Form 4 · accession 0001209191-18-003237
Andersons, Inc. · ANDE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick E. Bowe
Officer — President & CEO · Director
Period of report
Jan 9, 2018
Accepted (ET)
Jan 11, 2018 · 3:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000821026
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Jan 9, 2018 | J | 559 | $31.15 | A | 73,941 | D | |
| PERFORMANCE SHARE UNIT (EPS) (2019)F2 | holding | — | — | — | 37,300 | D | ||
| PERFORMANCE SHARE UNIT (EPS) (2020)F2 | holding | — | — | — | 25,900 | D | ||
| PERFORMANCE SHARE UNIT (TSR) (2019)F3 | holding | — | — | — | 37,300 | D | ||
| PERFORMANCE SHARE UNIT (TSR) (2020)F3 | holding | — | — | — | 25,900 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $35.40 | holding | — | — | — | Nov 2, 2016 | Nov 2, 2022 | Common Stock | 325,000 | 325,000 | D |
Explanation of responses
- F1Acquired through Section 423 Employee Share Purchase Plan
- F2Stock 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.
- F3Stock 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.