Andersons, Inc. — Director's Dealing 2010

Jun 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANDERSONS INC (ANDE)
CIK: 0000821026
Period of Report: 2010-02-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-12	COMMON STOCK	J	5.714	$31.50	Acquired	2378.864	Direct
2010-02-26	COMMON STOCK	J	5.544	$32.46	Acquired	2384.408	Direct
2010-03-05	COMMON STOCK	J	20.075	$33.62	Acquired	2404.483	Direct
2010-03-12	COMMON STOCK	J	5.92	$34.05	Acquired	2410.403	Direct
2010-03-26	COMMON STOCK	J	6.066	$33.23	Acquired	2416.469	Direct
2010-04-09	COMMON STOCK	J	6.119	$32.94	Acquired	2422.588	Direct
2010-04-22	COMMON STOCK	J	0.927	$33.78	Acquired	2423.515	Direct
2010-04-23	COMMON STOCK	J	5.786	$34.83	Acquired	2429.301	Direct
2010-05-07	COMMON STOCK	J	5.827	$34.59	Acquired	2435.128	Direct
2010-05-21	COMMON STOCK	J	6.128	$32.89	Acquired	2441.256	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: 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.