Form 4 Andersons, Inc. For: Aug 04 Filed by: ANDERSON MICHAEL J

August 8, 2022 2:23 PM EDT

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Washington, D.C. 20549


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *

(Last) (First) (Middle)


(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Andersons, Inc. [ ANDE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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
Common Stock               150,138 I Mrs. Carol H. Anderson-spouse
Common Stock 08/04/2022   S   806 D $ 38.84 406,168.085 D  
Common Stock 08/04/2022   G   3,000 D $ 0 403,168.085 D  
Common Stock 08/05/2022   S   820 D $ 38.804 402,348.085 D  
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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:
Michael J. Anderson, by Melissa Trippel, Limited Power of Attorney 08/04/2022
** 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 Number.

    KNOW ALL MEN BY THESE PRESENTS, that I, Michael J. Anderson the undersigned, of
1626 River Road, City of Maumee, County of Lucas, State of Ohio, hereby make,
constitute and appoint each of Melissa Trippel, Anne Rex, and Catherine White,
each of The Andersons, Inc., 1947 Briarfield Boulevard, Maumee, Ohio 43537, my
true and lawful limited attorney-in-fact for me and in my name, place and stead,
giving severally unto said Melissa Trippel, Anne Rex, and Catherine White full
power individually to (i) execute and to file with the Securities and Exchange
Commission ("SEC") as my limited attorney-in-fact, any and all SEC Forms 3, 4, 5
or 144 required to be filed under the Securities Act of 1933 or the Securities
Exchange Act of 1934, each as amended, and (ii) execute and deliver any and all
exercise orders, certificates, commitments and other agreements necessary or
appropriate in connection with any exercise of my stock options for shares in
The Andersons, Inc., do any and all other acts to effectuate the foregoing, and
execute and submit all SEC filings necessary or appropriate in connection
therewith, in connection with my beneficial ownership of equity securities of
The Andersons, Inc., or options for such equity securities.

    The undersigned hereby grants to such attorney-in-fact full power and authority
to do and perform any and every act and thing whatsoever requisite, necessary,
or proper to be done in the exercise of any of the rights and powers herein
granted, as fully to all intents and purposes as the undersigned might or could
do if personally present, with full power of substitution or revocation, hereby
ratifying and confirming all that such attorney-in-fact, or such
attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be
done by virtue of this power of attorney and the rights and powers herein

    This Power of Attorney shall at all times be binding with respect to all
actions taken by the attorney-in-fact in accordance with the terms of the Power
of Attorney. The Power of Attorney shall begin on the date of execution noted
below and shall lapse and cease to have any effect on the date of the
undersigned's termination of employment or separation from service as member of
the Board, or upon any earlier written revocation of the Power of Attorney by
the undersigned.
    IN WITNESS WHEREOF, the undersigned has executed this Limited Power of Attorney
as of this 12th day of May, 2017.

                        Michael J. Anderson

State of Ohio)
                ) ss
County of Lucas)

    On this 12th day of May, 2017 before me a notary public in and for said state,
personally appeared Michael J. Anderson, to me personally known, who being duly
sworn, acknowledged that he/she had executed the foregoing instrument for
purposes therein mentioned and set forth.

                    ___________Tamara K. Lipp___________
                        Notary Public
My Commission Expires:

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