Andersons, Inc. — Director's Dealing 2010

Jan 8, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANDERSONS INC (ANDE)
CIK: 0000821026
Period of Report: 2009-10-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-10-09	COMMON STOCK	J	4.669	$36.27	Acquired	2283.861	Direct
2009-10-22	COMMON STOCK	J	0.65	$34.86	Acquired	2284.511	Direct
2009-10-23	COMMON STOCK	J	4.949	$34.22	Acquired	2289.46	Direct
2009-11-06	COMMON STOCK	J	6.52	$25.98	Acquired	2295.98	Direct
2009-11-20	COMMON STOCK	J	6.173	$27.44	Acquired	2302.153	Direct
2009-12-04	COMMON STOCK	J	3.297	$28.90	Acquired	2305.45	Direct
2009-12-18	COMMON STOCK	J	3.437	$25.99	Acquired	2308.887	Direct
2009-12-31	COMMON STOCK	J	1.611	$26.28	Acquired	2310.498	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
PERFORMANCE SHARE UNIT	$0.00	2012-01-01	COMMON STOCK (0)	2500	Direct
SOSAR	$11.02	2014-03-31	COMMON STOCK (3240)	3240	Direct

Footnotes

F1: Stock Performance Unit granted pursuant to The Andersons, Inc. Plan. Units vest 100% in 3 years contingent on cumulative EPS from 1/1/2009 to 12/31/2011. Number of underlying shares are determined by the three-year cumulative fully diluted EPS for the performance period.