Andersons, Inc. — Director's Dealing 2013

Jan 14, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANDERSONS INC (ANDE)
CIK: 0000821026
Period of Report: 2013-01-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-10	COMMON STOCK	J	184.71	$42.90	Acquired	3826.03	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	466.57	Indirect
PERFORMANCE SHARE UNIT	600	Direct
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	$46.26	2013-04-01	COMMON STOCK (450)	450	Indirect
SOSAR	$11.02	2014-03-31	COMMON STOCK (640)	640	Indirect
SOSAR	$32.75	2015-04-01	COMMON STOCK (385)	385	Indirect
SOSAR	$11.02	2014-03-31	COMMON STOCK (720)	720	Direct
SOSAR	$46.26	2013-04-01	COMMON STOCK (550)	550	Direct

Footnotes

F1: Acquired through Section 423 Employee Share Purchase Plan

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.