SEC Form 4 · accession 0001104659-18-002380
ARGAN INC · AGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter W Getsinger
Director
Period of report
Jan 11, 2018
Accepted (ET)
Jan 16, 2018 · 4:11 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 Stock | holding | — | — | — | 11,000 | 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 StockF1,F2 | $46.35 | Jan 11, 2018 | A | 10,000 | A | Jan 11, 2019 | Jan 11, 2028 | Common Stock | 10,000 | 27,000 | D |
Explanation of responses
- F1On January 11, 2018 (the "Grant Date"), the Reporting Person received 10-year options, vesting ratably over three years on each anniversary date from the Grant Date, to purchase 10,000 shares of the Issuer's common stock with an exercise price of $46.35 per share.
- F2As of the date of this filing, the Reporting Person owns options to purchase (a) 7,000 shares of common stock at a price of $30.44 per share with the date exercisable of 01/07/2017 and expiration date of 01/07/2026; (b) 10,000 shares of common stock at a price of $71.75 per share with Date Exercisable of 01/05/2018 and Expiration Date of 01/05/2027; and (c) 10,000 shares of common stock at a price of $46.35 per share with Date Exercisable of 1/11/2019 and Expiration Date of 1/11/2028.