RAINER H. BOSSELMANN - 06 Mar 2023 Form 4 Insider Report for ARGAN INC (AGX)

Role
Director
Signature
/s/ Rainer H. Bosselmann
Issuer symbol
AGX
Transactions as of
06 Mar 2023
Transactions value $
$409,250
Form type
4
Filing time
08 Mar 2023, 15:15:12 UTC
Previous filing
19 Apr 2022
Next filing
19 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGX Common Stock Options Exercise $409,250 +25,000 +6.84% $16.37 390,390 06 Mar 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AGX Option to Purchase Common Stock Options Exercise $0 -25,000 -7.81% $0.000000 295,000 06 Mar 2023 Common Stock 25,000 $16.37 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 6, 2023 the Reporting Person exercised his stock option received on March 7, 2013 to purchase 25,000 shares of the Issuer's common stock at a price of $16.37 per share.
F2 2,241 shares are held by Rainer and Beverley Bosselmann, as joint tenants, and the remaining shares are held directly by Rainer Bosselmann.