SEC Form 4 · accession 0001104659-16-148631
ARGAN INC · AGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W Quinn
Director
Period of report
Oct 3, 2016
Accepted (ET)
Oct 4, 2016 · 4:55 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 | Oct 3, 2016 | S | 10,000 | $58.8589 | D | 69,570 | 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 StockF2 | $0.00 | holding | — | — | — | Dec 18, 2013 | Jan 7, 2026 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1On October 3, 2016, the Reporting Person sold an aggregate of 10,000 shares of the Issuer's common stock on the open market at a price of $58.8589 per share.
- F2The total number of options owned by the Reporting Person includes options to acquire 40,000 shares of the Issuer's Common Stock with Exercise Prices ranging from $18.87 to $31.82 with Dates Exercisable ranging from December 18, 2013 to January 7, 2017 and Expiration Dates ranging from December 18, 2022 to January 7, 2026. Please refer to the Form 4 filed by the Reporting Person on January 8, 2016 for more information.