Andersons, Inc. — Director's Dealing 2010

Mar 29, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANDERSONS INC (ANDE)
CIK: 0000821026
Period of Report: 2010-03-26

Reporting Person: ADDIS DENNIS J (President, Plant Nutrient)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-26	COMMON STOCK	G	180	$32.76	Disposed	33331.888	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
PERFORMANCE SHARE UNIT	3300	Direct
PERFORMANCE SHARE UNIT	3600	Direct
PERFORMANCE SHARE UNIT	3100	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
SOSAR	$32.75	2015-04-01	COMMON STOCK (4700)	4700	Direct
SOSAR	$11.02	2014-03-31	COMMON STOCK (4400)	4400	Direct
SOSAR	$46.26	2013-04-01	COMMON STOCK (6000)	6000	Direct
SOSAR	$42.08	2012-03-31	COMMON STOCK (7770)	7770	Direct
SOSAR	$39.115	2011-04-01	COMMON STOCK (16000)	16000	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.