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Andersons, Inc. Director's Dealing 2015

May 4, 2015

32002_dirs_2015-05-04_d4753bf4-817a-4cc6-862c-040c75984205.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Andersons, Inc. (ANDE)
CIK: 0000821026
Period of Report: 2015-04-22

Reporting Person: McKinstray Neill C (President, Ethanol Group)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-04-22 COMMON STOCK J 0.039 $42.82 Acquired 50626.321 Direct
2015-04-22 COMMON STOCK J 4.5382 $42.85 Acquired 50630.8592 Direct

Holdings (Non-Derivative)

Security Shares Ownership
PERFORMANCE SHARE UNIT (2016) 2475 Direct
PERFORMANCE SHARE UNIT (2017) 2950 Direct
PERFORMANCE SHARE UNIT (2018) 6272 Direct

Footnotes

F1: Acquisition pursuant to Rule 16b-3(c)

F2: Stock performance unit granted pursuant to The Andersons, Inc. plan. Units vest 100% in 27 months contingent on cumulative EPS from 10/01/2013 to 12/31/2015. Number of underlying shares are determined by the twenty-seven months cumulative fully diluted EPS for the performance period.

F3: 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.