Koilpillai Mano S 4
4 · ARGAN INC · Filed Dec 16, 2021
Insider Transaction Report
Form 4
ARGAN INCAGX
Koilpillai Mano S
Director
Transactions
- Award
Option to Purchase Common Stock
2021-12-14+5,000→ 31,667 totalExercise: $37.13From: 2022-12-14Exp: 2031-12-14→ Common Stock (5,000 underlying) - Award
Time-Based Restricted Stock Units
2021-12-14+1,750→ 1,750 totalExercise: $0.00From: 2024-12-14Exp: 2024-12-14→ Common Stock (1,750 underlying)
Holdings
- 180
Common Stock
Footnotes (3)
- [F1]On December 14, 2021, the Reporting Person received 10-year options to purchase 5,000 shares of the Issuer's Common Stock at an exercise price of $37.13 per share. The options will vest ratably over three years on each anniversary of the grant date beginning on 12/14/2022.
- [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 $42.31 per share with initial Date Exercisable of 9/10/2020 and Expiration Date of 9/10/2029; (b) 6,667 shares of common stock at a price of $40.15 per share with initial Date Exercisable of 12/23/2020 and Expiration Date of 12/23/2029; (c) 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; and (d) 5,000 shares of common stock at a price of $37.13 per share with an initial Date Exercisable of 12/14/2022 and Expiration Date of 12/14/2031; all of which vest ratably over three years on the anniversary of each grant date.
- [F3]On December 14, 2021, the Reporting Person was granted Time-Based Restricted Stock Units (the "TBRSUs") covering 1,750 shares of common stock. The TBRSUs will vest in their entirety on the third anniversary of the grant date on 12/14/2024.