ARGAN INC — Director's Dealing 2012

Oct 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARGAN INC (AGX)
CIK: 0000100591
Period of Report: 2012-09-28

Reporting Person: MITCHELL W G CHAMPION (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-28	Common Stock	X	5000	$7.90	Acquired	5000	Direct
2012-09-28	Common Stock	X	10000	$2.65	Acquired	15000	Direct
2012-09-28	Common Stock	X	5000	$9.01	Acquired	20000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-28	Stock Option to purchase Common Stock	$7.90	X	5000	Disposed	2013-10-23	Common Stock (5000)	Direct
2012-09-28	Stock Option to purchase Common Stock	$2.65	X	10000	Disposed	2016-06-21	Common Stock (10000)	Direct
2012-09-28	Stock Option to purchase Common Stock	$9.01	X	5000	Disposed	2020-12-16	Common Stock (5000)	Direct