Rainer H. Bosselmann - 16 Apr 2024 Form 4 Insider Report for ARGAN INC (AGX)

Role
Director
Signature
/s/ Rainer H. Bosselmann
Issuer symbol
AGX
Transactions as of
16 Apr 2024
Net transactions value
$0
Form type
4
Filing time
18 Apr 2024, 17:39:40 UTC
Previous filing
24 Jan 2024
Next filing
25 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGX Common Stock Options Exercise $0 +2,740 +0.91% $0.000000 303,541 16 Apr 2024 Direct F1
transaction AGX Common Stock Options Exercise $0 +2,678 +0.88% $0.000000 306,219 18 Apr 2024 Direct 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 Time-Based Restricted Stock Units Options Exercise $0 -4,166 -33% $0.000000 8,335 16 Apr 2024 Common Stock 0 $0.000000 Direct F1
transaction AGX Performance-Based Restricted Stock Units Disposed to Issuer $0 -12,500 -50% $0.000000 12,500 16 Apr 2024 Common Stock 12,500 $0.000000 Direct F3
transaction AGX Time-Based Restricted Stock Units Options Exercise $0 -4,167 -50% $0.000000 4,168 18 Apr 2024 Common Stock 0 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the three-year vesting schedule of the Time-Based Restricted Stock Unit awarded to the Reporting Person on April 16, 2021, 4,166 shares of Common Stock became issuable to the Reporting Person on April 16, 2024.
F2 Pursuant to the three-year vesting schedule of the Time-Based Restricted Stock Unit awarded to the Reporting Person on April 18, 2022, 4,167 shares of Common Stock became issuable to the Reporting Person on April 18, 2024
F3 Performance-Based Restricted Stock Units ("PRSUs") awarded on 4/16/2021 were forfeited due to failure to achieve the required Total Stock Return ("TSR") ranking.