Andersons, Inc. — Director's Dealing 2013

Apr 30, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANDERSONS INC (ANDE)
CIK: 0000821026
Period of Report: 2013-01-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-23	COMMON STOCK	J	1.053	$46.499	Acquired	467.623	Indirect
2013-04-22	COMMON STOCK	J	0.941	$52.224	Acquired	794.564	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	4622.03	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	$32.75	2015-04-01	COMMON STOCK (385)	385	Indirect

Footnotes

F1: Reinvestment of dividend

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.