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Andersons, Inc. Director's Dealing 2012

May 4, 2012

32002_dirs_2012-05-04_138b4c36-43b0-494d-8907-fb9fd5bd49c2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANDERSONS INC (ANDE)
CIK: 0000821026
Period of Report: 2012-05-03

Reporting Person: NICHOLS DAVID L (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-05-03 COMMON STOCK F 1040 $50.40 Disposed 15751.8191 Direct
2012-05-03 COMMON STOCK M 1600 $32.75 Acquired 17351.8191 Direct
2012-05-03 COMMON STOCK F 336 $50.40 Disposed 17015.8191 Direct
2012-05-03 COMMON STOCK M 1533 $11.02 Acquired 18548.8191 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-05-03 SOSAR $11.02 M 1533 Disposed 2014-03-31 COMMON STOCK (1533) Direct
2012-05-03 SOSAR $32.75 M 1600 Disposed 2015-04-01 COMMON STOCK (1600) Direct