Richard H. Deily - Apr 16, 2024 Form 4 Insider Report for ARGAN INC (AGX)

Role
CHIEF FINANCIAL OFFICER, SVP
Signature
/s/ Richard H. Deily
Stock symbol
AGX
Transactions as of
Apr 16, 2024
Transactions value $
$218,709
Form type
4
Date filed
4/18/2024, 05:42 PM
Previous filing
Sep 28, 2023
Next filing
Apr 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGX Common Stock Options Exercise $0 +681 +9.96% $0.00 7.52K Apr 16, 2024 Direct F1
transaction AGX Common Stock Options Exercise $74.1K +2.19K +29.11% $33.85 9.71K Apr 16, 2024 Direct F2
transaction AGX Common Stock Options Exercise $70.5K +1.88K +19.31% $37.60 11.6K Apr 16, 2024 Direct F3
transaction AGX Common Stock Options Exercise $74.1K +2.19K +18.92% $33.81 13.8K Apr 16, 2024 Direct F4
transaction AGX Common Stock Options Exercise $0 +666 +4.83% $0.00 14.4K Apr 18, 2024 Direct F5

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 -1.17K -9.85% $0.00 10.7K Apr 16, 2024 Common Stock 1.17K $0.00 Direct F1
transaction AGX Option to Purchase Common Stock Options Exercise $0 -10K -16.81% $0.00 49.5K Apr 16, 2024 Common Stock 10K $33.85 Direct F2
transaction AGX Option to Purchase Common Stock Options Exercise $0 -10K -20.2% $0.00 39.5K Apr 16, 2024 Common Stock 10K $37.60 Direct F3
transaction AGX Option to Purchase Common Stock Options Exercise $0 -10K -25.32% $0.00 29.5K Apr 16, 2024 Common Stock 10K $33.81 Direct F4
transaction AGX Time-Based Restricted Stock Units Options Exercise $0 -1.17K -10.94% $0.00 9.5K Apr 18, 2024 Common Stock 1.17K $0.00 Direct F5
* 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 ("TRSU") awarded to the Reporting Person on April 16, 2021, 1,166 shares of Common Stock became issuable to the Reporting Person on April 16, 2024.
F2 On April 16, 2024, the Reporting Person exercised his stock option awarded on April 13, 2016 to purchase 10,000 shares of the Issuer's Common Stock at a price of $33.85 per share.
F3 On April 16, 2024, the Reporting Person exercised his stock option awarded on April 13, 2018 to purchase 10,000 shares of the Issuer's Common Stock at a price of $37.60 per share.
F4 On April 16, 2024, the Reporting Person exercised his stock option awarded on April 16, 2021 to purchase 10,000 shares of the Issuer's Common Stock at a price of $33.81 per share.
F5 Pursuant to the three-year vesting schedule of the TRSU awarded to the Reporting Person on April 18, 2022, 1,167 shares of Common Stock became issuable to the Reporting Person on April 18, 2024.