0001104659-16-162817.txt : 20161219 0001104659-16-162817.hdr.sgml : 20161219 20161219160555 ACCESSION NUMBER: 0001104659-16-162817 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161216 FILED AS OF DATE: 20161219 DATE AS OF CHANGE: 20161219 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ARGAN INC CENTRAL INDEX KEY: 0000100591 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700] IRS NUMBER: 131947195 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: ONE CHURCH STREET SUITE 201 CITY: ROCKVILLE STATE: MD ZIP: 20850 BUSINESS PHONE: 301 315-0027 MAIL ADDRESS: STREET 1: ONE CHURCH STREET SUITE 201 CITY: ROCKVILLE STATE: MD ZIP: 20850 FORMER COMPANY: FORMER CONFORMED NAME: PUROFLOW INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ULTRA DYNAMICS CORP DATE OF NAME CHANGE: 19830522 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sherras Brian R CENTRAL INDEX KEY: 0001545637 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31756 FILM NUMBER: 162059010 MAIL ADDRESS: STREET 1: ONE CHURCH STREET STREET 2: SUITE 201 CITY: ROCKVILLE STATE: MD ZIP: 20850 4 1 a4.xml 4 X0306 4 2016-12-16 0 0000100591 ARGAN INC AGX 0001545637 Sherras Brian R C/O ARGAN, INC. ONE CHURCH STREET, SUITE 201 ROCKVILLE MD 20850 1 0 0 0 Common Stock 2016-12-16 4 M 0 10000 16.47 A 10000 D Common Stock 2016-12-16 4 S 0 10000 70.33 D 0 D Common Stock 27965 I By Electrigen Limited Stock Option to purchase Common Stock 0 2013-04-02 2024-12-11 Common Stock 35000 35000 D On December 16, 2016, the Reporting Person exercised his stock option received on April 2, 2012 to purchase 10,000 shares of the Issuer's common stock at a price of $16.47 per share. On December 16, 2016, the Reporting Person sold 10,000 shares of the Issuer's common stock on the open market at a price of $70.33 per share. Electrigen Limited ("Electrigen") acquired the common stock of the Issuer in exchange for Electrigen's ownership interest in Atlantic Projects Company Limited having an estimated value of $917,531.65. The Reporting Person is a 50% owner and director of Electrigen; therefore, the Reporting Person may be deemed to indirectly beneficially own the shares owned by Electrigen. As of the date of this filing, the total number of stock options owned by the Reporting Person includes options to acquire an aggregate number of 35,000 shares of the Issuer's common stock with Exercise Prices ranging from $16.47 to $31.82 with Dates Exercisable ranging from April 2, 2013 to December 11, 2015 and Expiration Dates ranging from April 2, 2022 to December 11, 2024. (Please refer to the Form 4's filed by the Reporting Person on April 3, 2012, January 9, 2013, December 18, 2013 and December 12, 2014 for more information.) /s/ Brian R. Sherras 2016-12-19