Form 4 for AGX ARGAN INC

Accepted 2023-04-19 00:00:00 ET · period of report 2023-04-18 · accession 0001415889-23-006711 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
DI	2023-04-19	2023-04-18	AGX	Griffin William F Jr	Dir, GEMMA, NON-EXECUTIVE COB	M - OptEx	$0.00	+4,280	174.3K	+3%	$0
D	2023-04-19	2023-04-18	AGX	Griffin William F Jr	Dir, GEMMA, NON-EXECUTIVE COB	M - OptEx	$0.00	-4,280	8,334	-34%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-04-18	M	A	4,280	$0.00	174,280	I By William F Griffin Jr Revocable Trust U/A DTD FBO 12/09/04	—	—	(F1) On April 18, 2023, the Reporting Person had Time-Based Restricted Stock Units (the "TBRSUs") vest in the amount of 4,280 shares of Common Stock. This issuance is pursuant to the ratable three year vesting schedule of the 12,500 TBRSU award that was granted on April 18, 2022.
2	Derivative	Time Based Restricted Stock Units	2023-04-18	M	D	4,280	$0.00	8,334	D	$0.00 · — to —	4,280 Common Stock	(F2) As of the date of this filing, the remaining number of TBRSUs beneficially owned by the Reporting Person includes (a) 8,334 shares of TBRSUs granted on April 18, 2022 which are to vest ratably pursuant to their three-year vesting schedule. (F1) On April 18, 2023, the Reporting Person had Time-Based Restricted Stock Units (the "TBRSUs") vest in the amount of 4,280 shares of Common Stock. This issuance is pursuant to the ratable three year vesting schedule of the 12,500 TBRSU award that was granted on April 18, 2022.