SEC Form 4 · accession 0001104659-16-148632
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
Oct 3, 2016
Accepted (ET)
Oct 4, 2016 · 4:56 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 | M | 2,350 | $16.47 | A | 2,350 | D | |
| Common StockF2 | Oct 3, 2016 | S | 2,350 | $59.0002 | 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 StockF3 | $0.00 | holding | — | — | — | Apr 2, 2013 | Apr 13, 2027 | Common Stock | 12,650 | 12,650 | D |
Explanation of responses
- F1On October 3, 2016, the Reporting Person exercised his stock option received pursuant to an agreement dated April 2, 2012 to purchase 2,350 shares of the Issuer's common stock at a price of $16.47 per share.
- F2On October 3, 2016, the Reporting Person sold 2,350 shares of the Issuer's common stock on the open market at a price of $59.0002 per share.
- F3As 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 12,650 shares of common stock, which include options to purchase 2,650 shares of common stock at the price of $16.47 per share with the date exercisable of 04/02/2013 and expiration date of 04/02/2019 and options to purchase 10,000 shares of common stock at the price of $33.85 per share with the date exercisable of 04/13/2017 and expiration date of 04/13/2027.