4//SEC Filing
MITCHELL W G CHAMPION 4
Accession 0001104659-19-024087
CIK 0000100591other
Filed
Apr 25, 8:00 PM ET
Accepted
Apr 26, 4:24 PM ET
Size
13.1 KB
Accession
0001104659-19-024087
Insider Transaction Report
Form 4
ARGAN INCAGX
MITCHELL W G CHAMPION
Director
Transactions
- Exercise/Conversion
Common Stock
2019-04-24$25.94/sh+53,333$1,383,458→ 53,333 total - Sale
Common Stock
2019-04-26$49.27/sh−17,212$848,035→ 28,333 total - Exercise/Conversion
Stock Option to purchase Common Stock
2019-04-24−53,333→ 26,667 total→ Common Stock (53,333 underlying) - Sale
Common Stock
2019-04-25$49.73/sh−7,788$387,297→ 45,545 total
Holdings
- 7,500(indirect: By LLC)
Common Stock
Footnotes (5)
- [F1]On April 24, 2019, the Reporting Person exercised his stock option to purchase (i) 5,000 shares of the Issuer's common stock at a price of $12.43 per share with a Date Exercisable 12/17/2010 and Expiration Date of 12/17/2019; (ii) 5,000 shares of the Issuer's common stock at a price of $17.33 with a Date Exercisable of 12/20/2012 and Expiration Date of 12/20/2021; (iii) 10,000 shares of the Issuer's common stock at a price of $18.87 per share with Date Exercisable of 12/18/2013 and Expiration Date of 12/18/2022; (iv) 10,000 shares of the Issuer's common stock at a price of $26.88 per share with Date Exercisable of 12/17/2014 and Expiration date of 12/17/2023;
- [F2](v) 10,000 shares of the Issuer's common stock at a price of $31.82 per share with Date Exercisable of 12/11/2015 and Expiration Date of 12/11/2024; (vi) 10,000 shares of the Issuer's common stock at a price of $30.44 per share with Date Exercisable 1/7/2017 and Expiration Date of 1/7/2026; and (vii) 3,333 shares of the Issuer's common stock at a price of $46.35 per share Date Exercisable of 1/11/2019 and Expiration Date of 1/11/2028. The average exercise price per share of the Issuer's common stock was $25.94.
- [F3]On April 25, 2019, the Reporting Person sold 7,788 shares of the Issuer's common stock on the open market at an average price of $49.73 per share.
- [F4]On April 26, 2019, the Reporting Person sold 17,212 shares of the Issuer's common stock on the open market at an average price of $49.27 per share.
- [F5]As of the date of this filing, the Reporting Person owns options to purchase (i) 10,000 shares of common stock at a price of $71.75 per share with Date Exercisable of 1/5/2018 and Expiration Date of 1/5/2027; (ii) 6,667 shares of common stock at a price of $46.35 per share, subject to a three-year ratably vesting schedule, with Date Exercisable of 1/11/2019 and Expiration Date of 1/11/2028; and (iii) options to acquire shares of common stock at a price of $41.19 per share, subject to a three-year ratably vesting schedule, with initial Date Exercisable beginning on 12/12/2019 and Expiration date of 12/12/2028.
Documents
Issuer
ARGAN INC
CIK 0000100591
Entity typeother
Related Parties
1- filerCIK 0001204823
Filing Metadata
- Form type
- 4
- Filed
- Apr 25, 8:00 PM ET
- Accepted
- Apr 26, 4:24 PM ET
- Size
- 13.1 KB