0001415889-23-016626.txt : 20231218 0001415889-23-016626.hdr.sgml : 20231218 20231218172330 ACCESSION NUMBER: 0001415889-23-016626 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231214 FILED AS OF DATE: 20231218 DATE AS OF CHANGE: 20231218 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Flanders Cynthia CENTRAL INDEX KEY: 0001463638 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31756 FILM NUMBER: 231494801 MAIL ADDRESS: STREET 1: 10006 WILDWOOD ROAD CITY: KENSINGTON STATE: MD ZIP: 20895 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ARGAN INC CENTRAL INDEX KEY: 0000100591 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 131947195 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: ONE CHURCH STREET SUITE 201 CITY: ROCKVILLE STATE: MD ZIP: 20850 BUSINESS PHONE: 301 315-0027 MAIL ADDRESS: STREET 1: ONE CHURCH STREET SUITE 201 CITY: ROCKVILLE STATE: MD ZIP: 20850 FORMER COMPANY: FORMER CONFORMED NAME: PUROFLOW INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ULTRA DYNAMICS CORP DATE OF NAME CHANGE: 19830522 4 1 form4-12182023_101224.xml X0508 4 2023-12-14 0000100591 ARGAN INC AGX 0001463638 Flanders Cynthia 10006 WILDWOOD ROAD KENSINGTON MD 20895 true false false false 0 Option to Purchase Common Stock 43.70 2023-12-14 4 A 0 1500 0 A 2024-12-14 2033-12-14 Common Stock 1500 81500 D Time-Based Restricted Stock Units 0 2023-12-14 4 A 0 2500 0 A 2024-12-14 2026-12-14 Common Stock 2500 6000 D On December 14, 2023, the Reporting Person received 10-year options to purchase 1,500 shares of the Issuer's common stock with an exercise price of $43.70 per share. The options will vest ratably over three years on each anniversary of the grant date starting from 12/14/2024. On December 14, 2023, the Reporting Person was granted Time-Based Restricted Stock Units ("TRSUs") covering 2,500 shares of common stock. The TRSUs will vest in equal installments on each of the next three anniversaries of the grant date starting on 12/14/2024. /s/ Cynthia A. Flanders 2023-12-18