SEC Form 4 · accession 0001104659-16-153317
ARGAN INC · AGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William F. Leimkuhler
Director
Period of report
Oct 31, 2016
Accepted (ET)
Oct 31, 2016 · 4:17 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 31, 2016 | S | 5,000 | $56.53 | D | 15,000 | D | |
| Common Stock | holding | — | — | — | 1,000 | I | By Elizabeth K. Leimkuhler Trust Under Agreement dated August 30, 2005 | |
| Common Stock | holding | — | — | — | 1,000 | I | By Emily K. Leimkuhler Trust Under Agreement dated August 30, 2005 | |
| Common Stock | holding | — | — | — | 2,000 | I | By Simplified Employee Pension IRA |
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 20, 2012 | Jul 1, 2026 | Common Stock | 45,000 | 45,000 | D |
Explanation of responses
- F1On October 31, 2016, the Reporting Person sold a total of 5,000 shares of the Issuer's common stock on the open market at an average price of $56.53 per share.
- F2The total number of stock options owned by the Reporting Person includes options to acquire 45,000 shares of the Issuer's Common Stock with Exercise Prices ranging from $17.33 to $31.82 with Dates Exercisable ranging from December 20, 2012 to January 7, 2017 and Expiration Dates ranging from December 20, 2021 to January 7, 2026. (Please refer to the Form 4's filed by the Reporting Person on December 22, 2011, December 31, 2012, December 18, 2013, December 12, 2014 and January 8, 2016 for more information.)