SEC Form 4 · accession 0001104659-17-005522
ARGAN INC · AGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William F. Leimkuhler
Director
Period of report
Jan 30, 2017
Accepted (ET)
Jan 31, 2017 · 7:10 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 30, 2017 | S | 2,000 | $73.2299 | D | 0 | I | By Simplified Employee Pension IRA |
| Common Stock | holding | — | — | — | 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 |
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 January 30, 2017, the Reporting Person sold 2,000 shares of the Issuer's common stock held through his Simplified Employee Pension IRA on the open market at a price of $73.2299 per share.
- F2The total number of stock options owned by the Reporting Person includes options to acquire (i) 5,000 shares of Common Stock at an Exercise Price of $17.33 per share with Date Exercisable of 12/20/2012 and Expiration Date of 12/20/2021; (ii) 10,000 shares of Common Stock at an Exercise Price of $18.87 per share with Date Exercisable of 12/18/2013 and Expiration Date of 12/18/2022; (iii) 10,000 shares of Common Stock at an Exercise Price of $26.88 per share with Date Exercisable of 12/17/2014 and Expiration Date of 12/17/2023; (iv) 10,000 shares of Common Stock at an Exercise Price of $31.82 per share with Date Exercisable of 12/11/2015 and Expiration Date of 12/11/2024; and (v) 10,000 shares of Common Stock at an Exercise Price of $30.44 per share with Date Exercisable of 01/07/2017 and Expiration Date of 01/07/2026.