4//SEC Filing
ARGAN INC 4
Accession 0001104659-16-162817
$AGXCIK 0000100591operating
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 4:05 PM ET
Size
9.6 KB
Accession
0001104659-16-162817
Insider Transaction Report
Form 4
ARGAN INCAGX
Sherras Brian R
Director
Transactions
- Exercise/Conversion
Common Stock
2016-12-16$16.47/sh+10,000$164,700→ 10,000 total - Sale
Common Stock
2016-12-16$70.33/sh−10,000$703,300→ 0 total
Holdings
- 35,000
Stock Option to purchase Common Stock
Exercise: $0.00From: 2013-04-02Exp: 2024-12-11→ Common Stock (35,000 underlying) - 27,965(indirect: By Electrigen Limited)
Common Stock
Footnotes (4)
- [F1]On December 16, 2016, the Reporting Person exercised his stock option received on April 2, 2012 to purchase 10,000 shares of the Issuer's common stock at a price of $16.47 per share.
- [F2]On December 16, 2016, the Reporting Person sold 10,000 shares of the Issuer's common stock on the open market at a price of $70.33 per share.
- [F3]Electrigen Limited ("Electrigen") acquired the common stock of the Issuer in exchange for Electrigen's ownership interest in Atlantic Projects Company Limited having an estimated value of $917,531.65. The Reporting Person is a 50% owner and director of Electrigen; therefore, the Reporting Person may be deemed to indirectly beneficially own the shares owned by Electrigen.
- [F4]As of the date of this filing, the total number of stock options owned by the Reporting Person includes options to acquire an aggregate number of 35,000 shares of the Issuer's common stock with Exercise Prices ranging from $16.47 to $31.82 with Dates Exercisable ranging from April 2, 2013 to December 11, 2015 and Expiration Dates ranging from April 2, 2022 to December 11, 2024. (Please refer to the Form 4's filed by the Reporting Person on April 3, 2012, January 9, 2013, December 18, 2013 and December 12, 2014 for more information.)
Documents
Issuer
ARGAN INC
CIK 0000100591
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000100591
Filing Metadata
- Form type
- 4
- Filed
- Dec 18, 7:00 PM ET
- Accepted
- Dec 19, 4:05 PM ET
- Size
- 9.6 KB