William F. Griffin Jr. - 18 Apr 2022 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 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 20 Apr 2022, 16:15:12 UTC
Previous filing: 24 Jan 2022
Next filing: 19 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	AGX	Common Stock						170,000	18 Apr 2022	By William F Griffin Jr Revocable Trust U/A DTD FBO 12/09/04

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	Time Based Restricted Stock Units	Award	$0	+12,500		$0.000000	12,500	18 Apr 2022	Common Stock	12,500	$0.000000	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On April 18, 2022, the Reporting Person was granted Time-Based Restricted Stock Units ( the "TBRSUs") covering 12,500 shares of the Issuer's Common Stock. The TBRSUs will vest in equal installments on each of the next three anniversaries of the grant date starting on 4/18/2023.