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: ANDERSON DANIEL T (President, Retail)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-12	COMMON STOCK	J	2539	$42.90	Acquired	170875	Direct
2013-03-12	COMMON STOCK	F	828	$42.90	Disposed	170347	Direct
2013-03-12	PERFORMANCE SHARE UNIT	J	89	$0.00	Acquired	2539	Direct
2013-03-12	PERFORMANCE SHARE UNIT	J	2539	$0.00	Disposed	0	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	$46.26	2013-04-01	COMMON STOCK (3400)	3400	Direct
SOSAR	$11.02	2014-03-31	COMMON STOCK (4900)	4900	Direct
SOSAR	$32.75	2015-04-01	COMMON STOCK (4300)	4300	Direct

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.