RAINER H. BOSSELMANN - 23 Sep 2024 Form 4 Insider Report for ARGAN INC (AGX)

Role
Director
Signature
/s/ Rainer H. Bosselmann
Issuer symbol
AGX
Transactions as of
23 Sep 2024
Transactions value $
$1,212,832
Form type
4
Filing time
24 Sep 2024, 16:29:47 UTC
Previous filing
11 Sep 2024
Next filing
21 Oct 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGX Common Stock Options Exercise $557,562 +8,678 +3.95% $64.25 228,557 23 Sep 2024 Direct F1
transaction AGX Common Stock Options Exercise $501,189 +9,964 +4.36% $50.30 238,521 23 Sep 2024 Direct F2
transaction AGX Common Stock Options Exercise $154,081 +2,822 +1.18% $54.60 241,343 23 Sep 2024 Direct F3

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 -50,000 -46.9% $0.000000 56,666 23 Sep 2024 Common Stock 50,000 $64.25 Direct F1
transaction AGX Option to Purchase Common Stock Options Exercise $0 -40,000 -70.6% $0.000000 16,666 23 Sep 2024 Common Stock 40,000 $50.30 Direct F2
transaction AGX Option to Purchase Common Stock Options Exercise $0 -12,500 -75% $0.000000 4,166 23 Sep 2024 Common Stock 12,500 $54.60 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 23, 2024, the Reporting Person exercised his stock option awarded on April 6, 2017, to purchase 50,000 shares of the Issuer's Common Stock at a price of $64.25 per share, using the net settle approach.
F2 On September 23, 2024, the Reporting Person exercised his stock option awarded on April 12, 2019, to purchase 40,000 shares of the Issuer's Common Stock at a price of $50.30 per share, using the net settle approach.
F3 On September 23, 2024, the Reporting Person exercised his stock option awarded on April 16, 2021, to purchase 12,500 shares of the Issuer's Common Stock at a price of $54.60 per share, using the net settle approach.