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