X0306 4 2016-07-13 0 0000100591 ARGAN INC AGX 0001358787 Deily Richard H C/O ARGAN, INC., ONE CHURCH STREET, SUITE 201 ROCKVILLE MD 20850 0 1 0 0 Vice President Common Stock 2016-07-13 4 M 0 7000 15.66 A 7000 D Common Stock 2016-07-13 4 S 0 7000 46.78 D 0 D Stock Option to purchase Common Stock 33.85 2017-04-13 2027-04-13 Common Stock 10000 10000 D Stock Option to purchase Common Stock 27.09 2015-04-16 2024-04-16 Common Stock 10000 10000 D Stock Option to purchase Common Stock 16.47 2013-04-02 2019-04-02 Common Stock 5000 5000 D On July 13, 2016, the Reporting Person exercised his stock option received pursuant to an agreement dated April 3, 2013 to purchase 7,000 shares of the Issuer's common stock at a price of $15.66 per share. On July 13, 2016, the Reporting Person sold 7,000 shares of the Issuer's common stock on the open market at a price of $46.78 per share. As of the date of this Filing, the Reporting Person does not own any share of common stock of the Issuer other than options to purchase a total of 25,000 shares of common stock. /s/ Richard H. Deily 2016-07-14