Andersons, Inc. — Director's Dealing 2012

Aug 27, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANDERSONS INC (ANDE)
CIK: 0000821026
Period of Report: 2012-08-24

Reporting Person: Sparks Tamara Sue (VP,Corp.Relations/BusinessAnal)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-24	COMMON STOCK	J	466.57	$0.00	Acquired	466.57	Indirect
2012-08-24	PERFORMANCE SHARE UNIT (2014)	J	255.65	$0.00	Acquired	255.65	Indirect
2012-08-24	PERFORMANCE SHARE UNIT (2015)	J	320.98	$0.00	Acquired	320.98	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-24	SOSAR	$46.26	J	450	Acquired	2013-04-01	COMMON STOCK (450)	Indirect
2012-08-24	SOSAR	$11.02	J	640	Acquired	2014-03-31	COMMON STOCK (640)	Indirect
2012-08-24	SOSAR	$32.75	J	385	Acquired	2015-04-01	COMMON STOCK (385)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	3641.32	Direct
PERFORMANCE SHARE UNIT	600	Direct
PERFORMANCE SHARE UNIT (2014)	570	Direct
PERFORMANCE SHARE UNIT (2015)	647	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
SOSAR	$32.75	2015-04-01	COMMON STOCK (850)	850	Direct
SOSAR	$11.02	2014-03-31	COMMON STOCK (720)	720	Direct
SOSAR	$46.26	2013-04-01	COMMON STOCK (550)	550	Direct

Footnotes

F1: Effective date of new indirect holding.

F2: New Indirect Holding due to marriage. Shares originally received/purchased at various dates and prices.

F3: New Indirect Holding due to marriage.

F4: 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.