Andersons, Inc. — Director's Dealing 2013

Mar 20, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANDERSONS INC (ANDE)
CIK: 0000821026
Period of Report: 2013-03-19

Reporting Person: ANDERSON DANIEL T (President, Retail)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-19	COMMON STOCK	F	3187	$50.97	Disposed	166860	Direct
2013-03-19	COMMON STOCK	M	3400	$46.26	Acquired	170260	Direct
2013-03-19	COMMON STOCK	F	2325	$50.99	Disposed	167935	Direct
2013-03-19	COMMON STOCK	M	4900	$11.02	Acquired	172835	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-19	SOSAR	$46.26	M	3400	Disposed	2013-04-01	COMMON STOCK (3400)	Direct
2013-03-19	SOSAR	$11.02	M	4900	Disposed	2014-03-31	COMMON STOCK (4900)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	20151.53	Indirect
COMMON STOCK	19715.51	Indirect
COMMON STOCK	1319.24	Indirect
COMMON STOCK	1319.24	Indirect
COMMON STOCK	1319.24	Indirect
COMMON STOCK	1319.24	Indirect
COMMON STOCK	75775	Indirect
PERFORMANCE SHARE UNIT (2014)	2100	Direct
PERFORMANCE SHARE UNIT (2015)	2500	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
SOSAR	$32.75	2015-04-01	COMMON STOCK (4300)	4300	Direct

Footnotes

F1: 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.