X0306 4 2016-01-05 0 0000821026 Andersons, Inc. ANDE 0001220230 ANDERSON DANIEL T 480 W DUSSEL DR MAUMEE OH 43537 0 1 0 0 President, Retail COMMON STOCK 2016-01-05 4 J 0 9.5 31.63 A 252497.5 D COMMON STOCK 2016-01-05 4 F 0 525 31.63 D 251972.5 D COMMON STOCK 26179.46 I HELD BY RICHARD P. ANDERSON LLC COMMON STOCK 20373.25 I LYNN ANDERSON, SPOUSE, HELD BY RICHARD P. ANDERSON LLC COMMON STOCK 1422.62 I Helen Anderson, child, shares held by Richard P Anderson LLC COMMON STOCK 1422.62 I Dick Anderson, child, shares held by Richard P Anderson LLC PERFORMANCE SHARE UNIT (2016) 2475 D PERFORMANCE SHARE UNIT (2017) 2570 D PERFORMANCE SHARE UNIT (2018) 3142 D Divident equivalent received. 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. Daniel Anderson, by: Mary Schroeder, Limited Power of Attorney 2016-01-06