0001415889-22-012846.txt : 20221220 0001415889-22-012846.hdr.sgml : 20221220 20221220161529 ACCESSION NUMBER: 0001415889-22-012846 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221216 FILED AS OF DATE: 20221220 DATE AS OF CHANGE: 20221220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Koilpillai Mano S CENTRAL INDEX KEY: 0001790160 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31756 FILM NUMBER: 221474975 MAIL ADDRESS: STREET 1: 7380 IRA SEARS ROAD CITY: ADAMSTOWN STATE: MD ZIP: 21710 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 form4-12202022_041206.xml X0306 4 2022-12-16 0000100591 ARGAN INC AGX 0001790160 Koilpillai Mano S 7380 IRA SEARS ROAD ADAMSTOWN MD 21710 true false false false Option to Purchase Common Stock 35.72 2022-12-16 4 A 0 5000 0 A 2023-12-16 2032-12-16 Common Stock 5000 36667 D Time-Based Restricted Stock Units 0 2022-12-16 4 A 0 1750 0 A 2025-12-16 2025-12-16 Common Stock 1750 3500 D On December 16, 2022, the Reporting Person received 10-year options to purchase 5,000 shares of the Issuer's Common Stock at an exercise price of $35.72 per share. The options will vest ratably over three years on each anniversary of the grant date beginning on 12/16/2023. As of the date of this filing, the Reporting Person owns options to purchase (a) 10,000 shares of common stock at a price of $42.31 per share with initial Date Exercisable of 9/10/2020 and Expiration Date of 9/10/2029; (b) 6,667 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; (c) 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; (d) 5,000 shares of common stock at a price of $37.13 per share with an initial Date Exercisable of 12/14/2022 and Expiration Date of 12/14/2031; and (e) 5,000 shares of common stock at a price of $35.72 per share with an initial Date Exercisable of 12/16/2023 and Expiration date of 12/16/2032; all of which vest ratably over three years on the anniversary of each grant date. On December 16, 2022, 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 12/16/2025. As of the date of this filing, the total number of TBRSUs beneficially owned by the Reporting Person includes (a) 1,750 shares of TBRSUs granted on December 14, 2021 and (b) 1,750 shares of TBRSUs granted on December 16, 2022. All are to vest in their entirety on the third anniversary of their respective grant date. /s/ Mano S. Koilpillai 2022-12-19