MITCHELL W G CHAMPION 4
4 · ARGAN INC · Filed Dec 18, 2023
Insider Transaction Report
Form 4
ARGAN INCAGX
MITCHELL W G CHAMPION
Director
Transactions
- Award
Option to Purchase Common Stock
2023-12-14+1,500→ 58,167 totalExercise: $43.70From: 2024-12-14Exp: 2033-12-14→ Common Stock (1,500 underlying) - Award
Time-Based Restricted Stock Units
2023-12-14+2,500→ 6,000 totalExercise: $0.00From: 2024-12-14Exp: 2026-12-14→ Common Stock (2,500 underlying)
Footnotes (2)
- [F1]On December 14, 2023, the Reporting Person received 10-year options to purchase 1,500 shares of the Issuer's common stock with an exercise price of $43.70 per share. The options will vest ratably over three years on each anniversary of the grant date starting from 12/14/2024.
- [F2]On December 14, 2023, the Reporting Person was granted Time-Based Restricted Stock Units ("TRSUs") covering 2,500 shares of common stock. The TRSUs will vest in equal installments on each of the next three anniversaries of the grant date starting on 12/14/2024.