Filing Details

Accession Number:
0001104659-17-004596
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-01-27 17:33:38
Reporting Period:
2017-01-25
Filing Date:
2017-01-27
Accepted Time:
2017-01-27 17:33:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
100591 Argan Inc AGX Construction - Special Trade Contractors (1700) 131947195
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1028546 H Rainer Bosselmann 16715 Thurston Road
Dickerson MD 20842
Chairman Of The Board & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-01-25 50,000 $27.09 362,901 No 4 M Direct
Common Stock Disposition 2017-01-25 12,600 $76.05 350,301 No 4 S Direct
Common Stock Disposition 2017-01-26 22,807 $75.06 327,494 No 4 S Direct
Common Stock Disposition 2017-01-27 83 $75.00 327,411 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option to purchase Common Stock Disposition 2017-01-25 50,000 $0.00 50,000 $27.09
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
125,000 2015-04-16 2024-04-16 No 4 M Direct
Footnotes
  1. On January 25, 2017, the Reporting Person exercised his stock option received pursuant to an agreement dated April 16, 2014 to purchase 50,000 shares of the Issuer's common stock at a price of $27.09 per share.
  2. On January 25, 2017, the Reporting Person sold 12,600 shares of the Issuer's common stock which were acquired pursuant the exercise of stock options on the same day [see footnote 1 above] on the open market at a price of $76.0471 per share.
  3. On January 26, 2017, the Reporting Person sold 22,807 shares of the Issuer's common stock which were acquired pursuant the exercise of stock options on January 25, 2017 [see footnote 1 above] on the open market at a price of $75.0644 per share.
  4. On January 27, 2017, the Reporting Person sold 83 shares of the Issuer's common stock which were acquired pursuant the exercise of stock options on January 25, 2017 [see footnote 1 above] on the open market at a price of $75.00 per share.
  5. 2,241 shares are held by Rainer and Beverley Bosselmann, as joint tenants, and the remaining shares are held by Rainer Bosselmann.
  6. As of the date of this filing, the total number of options owned by the Reporting Person includes (a) options to acquire 25,000 shares of common stock at a price of $16.37 per share with Date Exercisable of 03/07/2014 and Expiration Date of 03/07/2023; (b) options to acquire 50,000 shares of common stock at a price of $32.68 with Date Exercisable of 04/16/2016 and Expiration Date of 04/16/2025; and (c) options to acquire 50,000 shares of common stock at a price of $33.85 per share with Date Exercisable of 04/13/2017 and Expiration Date of 04/13/2026.