X0303 4 2009-08-10 0 0000821026 ANDERSONS INC ANDE 0001220248 REED HAROLD M 480 W DUSSEL DR MAUMEE OH 43537 0 1 0 0 President, Grain & Ethanol COMMON STOCK 2009-08-10 4 S 0 500 28.19 D 49030.623 D COMMON STOCK 2009-08-11 4 S 0 500 27.56 D 48530.623 D COMMON STOCK 817.36 I IRA FBO HAROLD M. REED COMMON STOCK 805.1 I IRA FBO KELLEEN E. REED PERFORMANCE SHARE UNIT 0.00 2009-12-31 2010-01-01 COMMON STOCK 0 1900 D PERFORMANCE SHARE UNIT 0.00 2010-12-31 2011-01-01 COMMON STOCK 0 4100 D PERFORMANCE SHARE UNIT 0.00 2011-12-31 2012-01-01 COMMON STOCK 0 6750 D SOSAR 11.02 2010-03-02 2014-03-31 COMMON STOCK 9000 9000 D SOSAR 46.26 2009-03-01 2013-04-01 COMMON STOCK 6675 6675 D SOSAR 42.08 2010-03-01 2012-03-31 COMMON STOCK 10000 10000 D SOSAR 39.115 2009-04-01 2011-04-01 COMMON STOCK 19000 19000 D Stock Performance Unit granted pursuant to The Andersons, Inc. Plan. Units vest 100% in 3 years contingent on cumulative EPS from 1/1/2007 to 12/31/2009. Number of underlying shares are determined by the three-year 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 from 1/1/2008 to 12/31/2010. Number of underlying shares are determined by the three-year 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 from 1/1/2009 to 12/31/2011. Number of underlying shares are determined by the three-year cumulative fully diluted EPS for the performance period. Harold M. Reed, by:Nicholas Conrad, Limited Power of Attorney 2009-08-12