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: Conrad Nicholas C (VP Finance & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-12	COMMON STOCK	F	513	$42.90	Disposed	7008.253	Direct
2013-03-12	COMMON STOCK	J	1586	$42.90	Acquired	8594.253	Direct
2013-03-12	PERFORMANCE SHARE UNIT	J	56	$0.00	Acquired	1586	Direct
2013-03-12	PERFORMANCE SHARE UNIT	J	1586	$0.00	Disposed	0	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
PERFORMANCE SHARE UNIT (2014)	1440	Direct
PERFORMANCE SHARE UNIT (2015)	1575	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.