Andersons, Inc. — Director's Dealing 2012

Aug 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANDERSONS INC (ANDE)
CIK: 0000821026
Period of Report: 2012-07-23

Reporting Person: ANDERSON MICHAEL J (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-23	COMMON STOCK	J	101.787	$36.72	Acquired	245834.248	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	100092	Indirect
PERFORMANCE SHARE UNIT	12600	Direct
PERFORMANCE SHARE UNIT (2014)	15740	Direct
PERFORMANCE SHARE UNIT (2015)	17000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
SOSAR	$32.75	2015-04-01	COMMON STOCK (18100)	18100	Direct
SOSAR	$11.02	2014-03-31	COMMON STOCK (23600)	23600	Direct
SOSAR	$46.26	2013-04-01	COMMON STOCK (10000)	10000	Direct

Footnotes

F1: Acquisition pursuant to Rule 16b-3(c)

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.