William F. Griffin Jr. - 18 Oct 2021 Form 4 Insider Report for ARGAN INC (AGX)

Role: Director, GEMMA, NON-EXECUTIVE CHAIRMAN
Signature: /s/ William F. Griffin, Jr.
Issuer symbol: AGX
Transactions as of: 18 Oct 2021
Net transactions value: -$253,800
Form type: 4
Filing time: 20 Oct 2021, 16:09:46 UTC
Previous filing: 07 Oct 2021
Next filing: 27 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AGX	Common Stock	Award	$188,700	+10,000	+4.9%	$18.87	216,150	18 Oct 2021	By William F Griffin Jr Revocable Trust U/A DTD FBO 12/09/04	F1
transaction	AGX	Common Stock	Disposed to Issuer	$442,500	-10,000	-4.6%	$44.25	206,150	18 Oct 2021	By William F Griffin Jr Revocable Trust U/A DTD FBO 12/09/04	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AGX	Option to Purchase Common Stock	Options Exercise	$0	-10,000	-100%	$0.000000^*	0	18 Oct 2021	Common Stock	10,000	$18.87	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On October 18, 2021, the Reporting person exercised his option to purchase 10,000 shares of the Issuer's common stock at price of $18.87 per share.
F2	On October 18, 2021, the Reporting Person sold 10,000 shares of the Issuer's common stock on the open market at a price of $44.25 per share.