ARGAN INC — Director's Dealing 2023

Apr 19, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARGAN INC (AGX)
CIK: 0000100591
Period of Report: 2023-04-18

Reporting Person: Griffin William F Jr (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-18	Common Stock	M	4280	—	Acquired	174280	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-18	Time Based Restricted Stock Units	$0	M	4280	Disposed		Common Stock (4280)	Direct

Footnotes

F1: On April 18, 2023, the Reporting Person had Time-Based Restricted Stock Units (the "TBRSUs") vest in the amount of 4,280 shares of Common Stock. This issuance is pursuant to the ratable three year vesting schedule of the 12,500 TBRSU award that was granted on April 18, 2022.

F2: As of the date of this filing, the remaining number of TBRSUs beneficially owned by the Reporting Person includes (a) 8,334 shares of TBRSUs granted on April 18, 2022 which are to vest ratably pursuant to their three-year vesting schedule.