Andersons, Inc. — Director's Dealing 2010

Sep 23, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANDERSONS INC (ANDE)
CIK: 0000821026
Period of Report: 2010-04-22

Reporting Person: DePompei Arthur D. (VP Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-22	COMMON STOCK	J	5.494	$33.55	Acquired	2429.009	Direct
2010-07-02	COMMON STOCK	J	6.262	$32.19	Acquired	2453.012	Direct
2010-07-16	COMMON STOCK	J	7.412	$32.79	Acquired	2460.424	Direct
2010-07-22	COMMON STOCK	J	1.015	$34.13	Acquired	2461.439	Direct
2010-07-22	COMMON STOCK	J	5.47	$33.79	Acquired	2466.909	Direct
2010-07-30	COMMON STOCK	J	6.986	$34.79	Acquired	2473.895	Direct
2010-08-13	COMMON STOCK	J	3.94	$36.11	Acquired	2477.835	Direct
2010-08-27	COMMON STOCK	J	2.936	$36.34	Acquired	2480.771	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
PERFORMANCE SHARE UNIT	1760	Direct
PERFORMANCE SHARE UNIT	2500	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
SOSAR	$32.75	2015-04-01	COMMON STOCK (0)	2510	Direct
SOSAR	$11.02	2014-03-31	COMMON STOCK (3240)	3240	Direct

Footnotes

F1: Reinvestment of dividend

F2: Acquisition pursuant to Rule 16b-3(c)

F3: 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.