Andersons, Inc. — Director's Dealing 2013

Mar 13, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANDERSONS INC (ANDE)
CIK: 0000821026
Period of Report: 2013-03-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-12	COMMON STOCK	F	196	$42.90	Disposed	4000.03	Direct
2013-03-12	COMMON STOCK	J	622	$42.90	Acquired	4622.03	Direct
2013-03-12	PERFORMANCE SHARE UNIT	J	22	$0.00	Acquired	622	Direct
2013-03-12	PERFORMANCE SHARE UNIT	J	622	$0.00	Disposed	0	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	792.57	Indirect
PERFORMANCE SHARE UNIT (2014)	570	Direct
PERFORMANCE SHARE UNIT (2014)	255.65	Indirect
PERFORMANCE SHARE UNIT (2015)	320.98	Indirect
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	$32.75	2015-04-01	COMMON STOCK (385)	385	Indirect

Footnotes

F1: Shares received from vesting of PSU (Performance Share Unit). Agreement allows 75 days from performance end date to issue shares.

F2: The Dividend Equivalant is more than the amount of PSU vesting.

F3: PSU Vested.

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.