Andersons, Inc. — Director's Dealing 2010

Jun 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANDERSONS INC (ANDE)
CIK: 0000821026
Period of Report: 2010-06-01

Reporting Person: GEORGE RICHARD R (Vice President & Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-06-01	COMMON STOCK	S	2000	$34.06	Disposed	24029	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
PERFORMANCE SHARE UNIT	1890	Direct
PERFORMANCE SHARE UNIT	2750	Direct
PERFORMANCE SHARE UNIT	1760	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 (3600)	3600	Direct
SOSAR	$46.26	2013-04-01	COMMON STOCK (3150)	3150	Direct
SOSAR	$42.08	2012-03-31	COMMON STOCK (2800)	2800	Direct
SOSAR	$39.115	2011-04-01	COMMON STOCK (6000)	6000	Direct

Footnotes

F1: 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.