SEC Form 4 · accession 0001104659-17-002796
ARGAN INC · AGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter W Getsinger
Director
Period of report
Jan 13, 2017
Accepted (ET)
Jan 18, 2017 · 4:07 pm EST
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 | Jan 13, 2017 | M | 5,000 | $31.82 | A | 19,000 | D | |
| Common StockF2 | Jan 13, 2017 | S | 5,000 | $70.5772 | D | 14,000 | D | |
| Common Stock | holding | — | — | — | 267 | I | By Trust for children. | |
| Common Stock | holding | — | — | — | 133 | I | Held in custody account for child. |
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,F3 | $31.82 | Jan 13, 2017 | M | 5,000 | D | Dec 11, 2015 | Dec 11, 2024 | Common Stock | 5,000 | 7,000 | D |
Explanation of responses
- F1On January 13, 2017, the Reporting Person exercised his stock option received on December 11, 2014 to purchase 5,000 shares of the Issuer's common stock at a price of $31.82 per share.
- F2On January 13, 2017, the Reporting Person sold 5,000 shares of common stock on the open market at a price of $70.5772 per share.
- F3As of the date of this filing, the Reporting Person owns options to purchase 7,000 shares of common stock at the price of $30.44 per share with the date exercisable of 01/07/2017 and expiration date of 01/07/2026.