MITCHELL W G CHAMPION 4
4 · ARGAN INC · Filed Dec 16, 2020
Insider Transaction Report
Form 4
ARGAN INCAGX
MITCHELL W G CHAMPION
Director
Transactions
- Award
Stock Option to purchase Common Stock
2020-12-14+10,000→ 46,667 totalExercise: $45.75From: 2021-12-14Exp: 2030-12-14→ Common Stock (10,000 underlying)
Holdings
- 28,333
Common Stock
- 7,500(indirect: By LLC)
Common Stock
Footnotes (2)
- [F1]On December 14, 2020, the Reporting Person received 10-year options to purchase 10,000 shares of the Issuer's Common stock at a price of $45.75 per share. The options will vest ratably over three years on each anniversary of the grant date beginning 12/14/2021.
- [F2]As of the date of this filing, the Reporting Person owns options to purchase (a) 10,000 shares of common stock at a price of $71.75 per share with initial Date Exercisable of 1/5/2018 and Expiration Date of 1/5/2027; (b) 6,667 shares of common stock at a price of $46.35 per share with initial Date Exercisable of 1/11/2019 and Expiration Date of 1/11/2028; (c) 10,000 shares of common stock at a price of $41.19 per share with initial Date Exercisable on 12/12/2019 and Expiration Date of 12/12/2028; (d) 10,000 shares of common stock at a price of $40.15 per share with an initial Date Exercisable of 12/23/2020 and Expiration Date of 12/23/2029; and (e) 10,000 shares of common stock at a price of $45.75 per share with initial Date Exercisable of 12/14/2021 and Expiration Date of 12/14/2030, all of which are subject to the aforementioned three-year ratably vesting schedule.