ARGAN INC — Director's Dealing 2017

Apr 20, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARGAN INC (AGX)
CIK: 0000100591
Period of Report: 2017-04-19

Reporting Person: QUINN JAMES W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-19	Common Stock	S	3174	$66.0047	Disposed	56396	Direct
2017-04-20	Common Stock	S	6826	$66.2408	Disposed	49570	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option to purchase Common Stock	$0	2027-01-05	Common Stock (50000)	50000	Direct

Footnotes

F1: On April 19, 2017, the Reporting Person sold 3,174 shares of the Issuer's common stock on the open market at an average price of $66.0047 per share.

F2: On April 20, 2017, the Reporting Person sold 6,826 shares of the Issuer's common stock on the open market at an average price of $66.2408 per share.

F3: As of the date of this filing, the total number of options owned by the Reporting Person includes (a) options to acquire 10,000 shares of common stock at a price of $18.87 per share with Date Exercisable of 12/18/2013 and Expiration Date of 12/18/2022; (b) options to acquire 10,000 shares of common stock at a price of $ 26.88 with Date Exercisable of 12/17/2014 and Expiration Date of 12/17/2023; (c) options to acquire 10,000 shares of common stock at a price of $31.82 per share with Date Exercisable of 12/11/2015 and Expiration Date of 12/11/2024; (d) options to acquire 10,000 shares of common stock at a price of $30.44 per share with Date Exercisable of 1/7/2017 and Expiration Date of 1/7/2026; and (e) 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.