Rainer H. Bosselmann - Sep 23, 2024 Form 4 Insider Report for ARGAN INC (AGX)

Role
Director
Signature
/s/ Rainer H. Bosselmann
Stock symbol
AGX
Transactions as of
Sep 23, 2024
Transactions value $
$1,212,832
Form type
4
Date filed
9/24/2024, 04:29 PM
Previous filing
Sep 11, 2024
Next filing
Oct 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGX Common Stock Options Exercise $558K +8.68K +3.95% $64.25 229K Sep 23, 2024 Direct F1
transaction AGX Common Stock Options Exercise $501K +9.96K +4.36% $50.30 239K Sep 23, 2024 Direct F2
transaction AGX Common Stock Options Exercise $154K +2.82K +1.18% $54.60 241K Sep 23, 2024 Direct F3

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 -50K -46.88% $0.00 56.7K Sep 23, 2024 Common Stock 50K $64.25 Direct F1
transaction AGX Option to Purchase Common Stock Options Exercise $0 -40K -70.59% $0.00 16.7K Sep 23, 2024 Common Stock 40K $50.30 Direct F2
transaction AGX Option to Purchase Common Stock Options Exercise $0 -12.5K -75% $0.00 4.17K Sep 23, 2024 Common Stock 12.5K $54.60 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 23, 2024, the Reporting Person exercised his stock option awarded on April 6, 2017, to purchase 50,000 shares of the Issuer's Common Stock at a price of $64.25 per share, using the net settle approach.
F2 On September 23, 2024, the Reporting Person exercised his stock option awarded on April 12, 2019, to purchase 40,000 shares of the Issuer's Common Stock at a price of $50.30 per share, using the net settle approach.
F3 On September 23, 2024, the Reporting Person exercised his stock option awarded on April 16, 2021, to purchase 12,500 shares of the Issuer's Common Stock at a price of $54.60 per share, using the net settle approach.