SEC Form 4 · accession 0001104659-17-035269
ARGAN INC · AGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Henry A Crumpton
Director
Period of report
May 24, 2017
Accepted (ET)
May 25, 2017 · 5:19 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 | May 24, 2017 | M | 10,000 | $26.88 | A | 30,000 | D | |
| Common StockF2 | May 24, 2017 | M | 10,000 | $31.82 | A | 40,000 | D | |
| Common StockF3 | May 24, 2017 | M | 10,000 | $30.44 | A | 50,000 | 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 StockF1 | $26.88 | May 24, 2017 | M | 10,000 | D | Dec 17, 2013 | Dec 17, 2023 | Common Stock | 10,000 | 30,000 | D |
| Stock Option to purchase Common StockF2 | $31.82 | May 24, 2017 | M | 10,000 | D | Dec 11, 2014 | Dec 11, 2024 | Common Stock | 10,000 | 20,000 | D |
| Stock Option to purchase Common StockF3,F4 | $30.44 | May 24, 2017 | M | 10,000 | D | Jan 7, 2017 | Jan 7, 2026 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1On May 24, 2017, the Reporting Person exercised his stock option to purchase 10,000 shares of the Issuer's common stock at a price of $26.88 per share.
- F2On May 24, 2017, the Reporting Person exercised his stock option to purchase 10,000 shares of the Issuer's common stock at a price of $31.82 per share.
- F3On May 24, 2017, the Reporting Person exercised his stock option to purchase 10,000 shares of the Issuer's common stock at a price of $30.44 per share.
- F4The total number of stock options owned by the Reporting Person includes options to acquire 10,000 shares of common stock at a price of $71.75 per share with Date Exercisable of 1/5/2018 and Expiration Date of 1/5/2027.