ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

ELEMENT CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001535630)

Note: Option positions (PUT/CALL) are excluded.

Q4 2019

Shares 24,357 Value ($000) $978 Avg Close $32.38 Range $27.35 - $35.04

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	24,357	$978	$32.38	$27.35 - $35.04