SCOTT RICHARD L 5
5 · ARGAN INC · Filed Feb 15, 2011
Insider Transaction Report
Form 5
ARGAN INCAGX
SCOTT RICHARD L
10% Owner
Holdings
- 673,867(indirect: By Trust)
Common Stock
- 336,933(indirect: By Partnership)
Common Stock
- 662,200(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Prior to October 15, 2010, the Reporting Person beneficially owned 1,750,000 shares of Common Stock of the Issuer, as a result of its ownership of Argan Investments, LLC, which owned 1,750,000 shares of Common Stock of the Issuer. On October 15, 2010 and November 9, 2010, Argan Investments, LLC collectively distributed all of its 1,750,000 shares of Common Stock of the Issuer to its members as a result of its dissolution and liquidation. As a result of these distributions and because 77,000 shares of Common Stock were distributed to members of Argan Investments, LLC which are not controlled by or affiliated with the Reporting Person, the Reporting Person now beneficially owns 1,673,000 shares of Common Stock of the Issuer.