David H. Watson - 13 Jun 2024 Form 4 Insider Report for ARGAN INC (AGX)

Role
PRESIDENT AND CEO, Director
Signature
/s/ David H. Watson
Issuer symbol
AGX
Transactions as of
13 Jun 2024
Net transactions value
+$646,788
Form type
4
Filing time
17 Jun 2024, 16:05:13 UTC
Previous filing
18 Apr 2024
Next filing
26 Jul 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 $338,851 +9,012 +20% $37.60 53,360 13 Jun 2024 Direct F1
transaction AGX Common Stock Options Exercise $307,937 +6,122 +11% $50.30 59,482 13 Jun 2024 Direct 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 -32,000 -24% $0.000000 100,000 13 Jun 2024 Common Stock 32,000 $37.60 Direct F1
transaction AGX Option to Purchase Common Stock Options Exercise $0 -32,000 -32% $0.000000 68,000 13 Jun 2024 Common Stock 32,000 $50.30 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 13, 2024, the Reporting Person exercised his stock option awarded on April 13, 2018 to purchase 32,000 shares of the Issuer's common stock at a price of $37.60 per share, by using the net settle method.
F2 On June 13, 2024, the Reporting Person exercised his stock option awarded on April 12, 2019 to purchase 32,000 shares of the Issuer's common stock at a price of $50.30 per share, by using the net settle method.