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ARGAN INC Director's Dealing 2017

May 25, 2017

31210_dirs_2017-05-25_21095433-b6ca-4f51-9846-4c9dd83b838e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARGAN INC (AGX)
CIK: 0000100591
Period of Report: 2017-05-24

Reporting Person: CRUMPTON HENRY A (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-24 Common Stock M 10000 $26.88 Acquired 30000 Direct
2017-05-24 Common Stock M 10000 $31.82 Acquired 40000 Direct
2017-05-24 Common Stock M 10000 $30.44 Acquired 50000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-05-24 Stock Option to purchase Common Stock $26.88 M 10000 Disposed 2023-12-17 Common Stock (10000) Direct
2017-05-24 Stock Option to purchase Common Stock $31.82 M 10000 Disposed 2024-12-11 Common Stock (10000) Direct
2017-05-24 Stock Option to purchase Common Stock $30.44 M 10000 Disposed 2026-01-07 Common Stock (10000) Direct

Footnotes

F1: On May 24, 2017, the Reporting Person exercised his stock option to purchase 10,000 shares of the Issuer's common stock at a price of $26.88 per share.

F2: On May 24, 2017, the Reporting Person exercised his stock option to purchase 10,000 shares of the Issuer's common stock at a price of $31.82 per share.

F3: On May 24, 2017, the Reporting Person exercised his stock option to purchase 10,000 shares of the Issuer's common stock at a price of $30.44 per share.

F4: The total number of stock options owned by the Reporting Person includes options to acquire 10,000 shares of common stock at a price of $71.75 per share with Date Exercisable of 1/5/2018 and Expiration Date of 1/5/2027.