0001415889-21-006024.txt : 20211216
0001415889-21-006024.hdr.sgml : 20211216
20211216161512
ACCESSION NUMBER: 0001415889-21-006024
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211214
FILED AS OF DATE: 20211216
DATE AS OF CHANGE: 20211216
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Flanders Cynthia
CENTRAL INDEX KEY: 0001463638
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31756
FILM NUMBER: 211497938
MAIL ADDRESS:
STREET 1: 10006 WILDWOOD ROAD
CITY: KENSINGTON
STATE: MD
ZIP: 20895
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
4
1
form4-12162021_041201.xml
X0306
4
2021-12-14
0000100591
ARGAN INC
AGX
0001463638
Flanders Cynthia
10006 WILDWOOD ROAD
KENSINGTON
MD
20895
true
false
false
false
Common Stock
15000
D
Option to Purchase Common Stock
37.13
2021-12-14
4
A
0
5000
0
A
2022-12-14
2031-12-14
Common Stock
5000
82000
D
Time-Based Restricted Stock Units
0
2021-12-14
4
A
0
1750
0
A
2024-12-14
2024-12-14
Common Stock
1750
1750
D
On December 14, 2021, the Reporting Person received 10-year options to purchase 5,000 shares of the Issuer's common stock with an exercise price of $37.13 per share. The options will vest ratably over three years on each anniversary of the grant date starting from 12/14/2022.
As of the date of this filing, the Reporting Person owns options to purchase (a) 7,000 shares of common stock at a price of $26.88 per share with initial Date Exercisable of 12/17/2014 and Expiration Date of 12/17/2023; (b) 10,000 shares of common stock at a price of $31.82 with initial Date Exercisable of 12/11/2015 and Expiration Date of 12/11/2024; (c) 10,000 shares of common stock at a price of $30.44 per share with initial Date Exercisable of 1/7/2017 and Expiration Date of 1/7/2026;
(d) 10,000 shares of common stock at a price of $71.75 per share with initial Date Exercisable of 1/5/2018 and Expiration Date of 1/5/2027; (e) 10,000 shares of common stock at a price of $46.35 per share with initial Date Exercisable of 1/11/2019 and Expiration Date of 1/11/2028; (f) 10,000 shares of common stock at a price of $41.19 per share with initial Date Exercisable of 12/12/2019 and Expiration Date of 12/12/2028; (g) 10,000 shares of common stock at a price of $40.15 per share with initial Date Exercisable of 12/23/2020 and Expiration Date of 12/23/2029;
(h) 10,000 shares of common stock at a price of $45.75 per share with initial Date Exercisable of 12/14/2021 and Expiration Date of 12/14/2030; and (i) 5,000 shares of common stock at a price of $37.13 per share with initial Date Exercisable of 12/14/2022 and Expiration Date of 12/14/2031. All stock options are subject to the aforementioned three-year ratable vesting schedule except those awarded prior to January 2018 which vested fully on the first anniversary of the date of award.
On December 14, 2021, the Reporting Person was granted Time-Based Restricted Stock Units (the "TBRSUs") covering 1,750 shares of common stock. The TBRSUs will vest in their entirety on the third anniversary of the grant date on 12/14/2024.
/s/ Cynthia A. Flanders
2021-12-16