Andersons, Inc. — Director's Dealing 2010

Feb 25, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANDERSONS INC (ANDE)
CIK: 0000821026
Period of Report: 2008-07-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-22	COMMON STOCK	J	2.118	$40.13	Acquired	1012.071	Direct
2008-10-22	COMMON STOCK	J	5.201	$32.72	Acquired	2070.384	Direct
2009-01-23	COMMON STOCK	J	11.536	$14.79	Acquired	2138.275	Direct
2009-04-22	COMMON STOCK	J	11.935	$14.80	Acquired	2250.404	Direct
2009-07-22	COMMON STOCK	J	6.11	$29.08	Acquired	2289.776	Direct
2009-10-22	COMMON STOCK	J	4.937	$36.10	Acquired	2326.348	Direct
2010-01-15	COMMON STOCK	J	6.815	$26.41	Acquired	2359.15	Direct
2010-01-25	COMMON STOCK	J	0.93	$27.16	Acquired	2360.08	Direct
2010-01-25	COMMON STOCK	J	6.482	$27.56	Acquired	2366.562	Direct
2010-01-29	COMMON STOCK	J	6.588	$27.32	Acquired	2373.15	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: Reinvestment of dividend - No form filed at that time.

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

F3: Reinvestment of dividend

F4: 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.