David H. Watson - Jun 13, 2024 Form 4 Insider Report for ARGAN INC (AGX)

Role: PRESIDENT AND CEO, Director
Signature: /s/ David H. Watson
Stock symbol: AGX
Transactions as of: Jun 13, 2024
Transactions value $: $646,788
Form type: 4
Date filed: 6/17/2024, 04:05 PM
Previous filing: Apr 18, 2024
Next filing: Jul 26, 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	$339K	+9.01K	+20.32%	$37.60	53.4K	Jun 13, 2024	Direct	F1
transaction	AGX	Common Stock	Options Exercise	$308K	+6.12K	+11.47%	$50.30	59.5K	Jun 13, 2024	Direct	F2

Showing 1 to 2 of 2 entries

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	-32K	-24.24%	$0.00	100K	Jun 13, 2024	Common Stock	32K	$37.60	Direct	F1
transaction	AGX	Option to Purchase Common Stock	Options Exercise	$0	-32K	-32%	$0.00	68K	Jun 13, 2024	Common Stock	32K	$50.30	Direct	F2

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

Explanation of Responses:

Id	Content
F1	On June 13, 2024, the Reporting Person exercised his stock option awarded on April 13, 2018 to purchase 32,000 shares of the Issuer's common stock at a price of $37.60 per share, by using the net settle method.
F2	On June 13, 2024, the Reporting Person exercised his stock option awarded on April 12, 2019 to purchase 32,000 shares of the Issuer's common stock at a price of $50.30 per share, by using the net settle method.