ARGAN INC — Director's Dealing 2012

Oct 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARGAN INC (AGX)
CIK: 0000100591
Period of Report: 2012-10-05

Reporting Person: MITCHELL W G CHAMPION (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-05	Common Stock	S	112	$17.90	Disposed	19888	Direct
2012-10-05	Common Stock	S	160	$17.82	Disposed	19728	Direct
2012-10-05	Common Stock	S	200	$17.81	Disposed	19528	Direct
2012-10-05	Common Stock	S	100	$17.65	Disposed	19428	Direct
2012-10-05	Common Stock	S	100	$17.63	Disposed	19328	Direct
2012-10-05	Common Stock	S	100	$17.611	Disposed	19228	Direct
2012-10-05	Common Stock	S	300	$17.61	Disposed	18928	Direct
2012-10-05	Common Stock	S	290	$17.60	Disposed	18638	Direct
2012-10-05	Common Stock	S	100	$17.59	Disposed	18538	Direct
2012-10-05	Common Stock	S	100	$17.52	Disposed	18438	Direct
2012-10-05	Common Stock	S	900	$17.51	Disposed	17538	Direct
2012-10-05	Common Stock	S	10038	$17.50	Disposed	7500	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option to purchase Common Stock	$12.43	2019-12-17	Common Stock (5000)	5000	Direct
Stock Option to purchase Common Stock	$17.33	2021-12-20	Common Stock (5000)	5000	Direct