X0306 4 2015-12-11 0 0000821026 Andersons, Inc. ANDE 0001308430 Granato John J 480 W. DUSSEL DRIVE MAUMEE OH 43537 0 1 0 0 CFO COMMON STOCK 2015-12-11 4 J 0 5.169 32.14 A 12331.349 D COMMON STOCK 2016-01-04 4 J 0 5.394 30.80 A 12336.743 D PERFORMANCE SHARE UNIT (2016) 3330 D PERFORMANCE SHARE UNIT (2017) 4000 D PERFORMANCE SHARE UNIT (2018) 6758 D Acquisition pursuant to Rule 16b-3(c) 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. John Granato, by: Mary Schroeder Limited Power of Attorney 2016-01-13