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Andersons, Inc. Director's Dealing 2010

Feb 16, 2010

32002_dirs_2010-02-16_be71eea2-4150-4604-a678-1e30c3d13803.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: 2010-02-13

Reporting Person: REED HAROLD M (President, Grain & Ethanol)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-13 COMMON STOCK S 904 $31.20 Disposed 45307.647 Direct

Holdings (Non-Derivative)

Security Shares Ownership
COMMON STOCK 817.36 Indirect
COMMON STOCK 805.1 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
PERFORMANCE SHARE UNIT $0.00 2011-01-01 COMMON STOCK (0) 4100 Direct
PERFORMANCE SHARE UNIT $0.00 2012-01-01 COMMON STOCK (0) 6750 Direct
SOSAR $46.26 2013-04-01 COMMON STOCK (6675) 6675 Direct
SOSAR $11.02 2014-03-31 COMMON STOCK (9000) 9000 Direct
SOSAR $42.08 2012-03-31 COMMON STOCK (10000) 10000 Direct
SOSAR $39.115 2011-04-01 COMMON STOCK (19000) 19000 Direct

Footnotes

F1: Stock performance unit granted pursuant to The Andersons, Inc. Plan. Units vest 100% in 3 years contingent on cumulative EPS from 1/1/2008 to 12/31/2010. Number of underlying shares are determined by the three-year cumulative fully diluted EPS for the performance period.

F2: Stock Performance Unit granted pursuant to The Andersons, Inc. Plan. Units vest 100% in 3 years contingent on cumulative EPS from 1/1/2009 to 12/31/2011. Number of underlying shares are determined by the three-year cumulative fully diluted EPS for the performance period.