ARGAN INC - Director's Dealing 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARGAN INC (AGX)
CIK: 0000100591
Period of Report: 2009-05-04

Reporting Person: Griffin William F Jr (VC of Gemma Power Systems, LLC, 10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-05-04	Common Stock	S	100	$13.58	Disposed	1138892	Direct
2009-05-04	Common Stock	S	400	$13.57	Disposed	1138492	Direct
2009-05-04	Common Stock	S	200	$13.60	Disposed	1138292	Direct
2009-05-04	Common Stock	S	100	$13.63	Disposed	1138192	Direct
2009-05-04	Common Stock	S	900	$13.62	Disposed	1137292	Direct
2009-05-04	Common Stock	S	1100	$13.67	Disposed	1136192	Direct
2009-05-04	Common Stock	S	100	$13.80	Disposed	1136092	Direct
2009-05-04	Common Stock	S	100	$13.83	Disposed	1135992	Direct
2009-05-04	Common Stock	S	100	$13.86	Disposed	1135892	Direct
2009-05-04	Common Stock	S	1700	$13.85	Disposed	1134192	Direct
2009-05-04	Common Stock	S	100	$13.84	Disposed	1134092	Direct
2009-05-04	Common Stock	S	200	$13.71	Disposed	1133892	Direct
2009-05-04	Common Stock	S	100	$13.70	Disposed	1133792	Direct
2009-05-04	Common Stock	S	300	$13.69	Disposed	1133492	Direct
2009-05-04	Common Stock	S	150	$13.96	Disposed	1133342	Direct
2009-05-04	Common Stock	S	100	$13.78	Disposed	1133242	Direct
2009-05-04	Common Stock	S	100	$13.64	Disposed	1133142	Direct
2009-05-04	Common Stock	S	100	$13.56	Disposed	1133042	Direct
2009-05-04	Common Stock	S	730	$13.50	Disposed	1132312	Direct
2009-05-05	Common Stock	S	1170	$13.50	Disposed	1131142	Direct

F1: Sale of shares under the 10b5-1 Plan of William F. Griffin, Jr.