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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
821026	Andersons Inc.	ANDE	Wholesale-Farm Product Raw Materials (5150)	341562374

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1220250	H Rasesh Shah	480 W.dussel Drive Maumee OH 43537	President, Rail Group	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2015-12-04	1,894	$34.20	13,448	No	4	S	Indirect	Held in Trust, Rasesh H. Shah Irrevocable Trust
Common Stock	Disposition	2015-12-07	3,800	$34.00	9,648	No	4	S	Indirect	Held in Trust, Rasesh H. Shah Irrevocable Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Held in Trust, Rasesh H. Shah Irrevocable Trust
No	4	S	Indirect	Held in Trust, Rasesh H. Shah Irrevocable Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership
Common Stock	45,613	Direct
Performance Share Unit (2016)	3,225	Direct
Performance Share Unit (2017)	2,950	Direct
Performance Share Unit (2018)	3,770	Direct

Footnotes

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.
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.