SEC Form 4 · accession 0000899243-16-028963
ARGAN INC · AGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard H Deily
Officer — Vice President
Period of report
Sep 9, 2016
Accepted (ET)
Sep 14, 2016 · 4:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000100591
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 9, 2016 | M | 10,000 | $27.09 | A | 10,000 | D | |
| Common StockF2 | Sep 9, 2016 | S | 10,000 | $52.4577 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option to purchase Common Stock | $33.85 | holding | — | — | — | Apr 13, 2017 | Apr 13, 2027 | Common Stock | 10,000 | 10,000 | D |
| Stock Option to purchase Common Stock | $16.47 | holding | — | — | — | Apr 2, 2013 | Apr 2, 2019 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1On September 9, 2016, the Reporting Person exercised his stock option received pursuant to an agreement dated April 16, 2014 to purchase 10,000 shares of the Issuer's common stock at a price of $27.09 per share.
- F2On September 9, 2016, the Reporting Person sold 10,000 shares of the Issuer's common stock on the open market at a price of $52.4577 per share. As of the date of this Filing, the Reporting Person does not own any share of common stock of the Issuer other than options to purchase a total of 15,000 shares of common stock.