Joshua Horowitz - Apr 24, 2023 Form 4 Insider Report for BARNWELL INDUSTRIES INC (BRN)

Role
Director
Signature
/s/ Joshua S. Horowitz
Stock symbol
BRN
Transactions as of
Apr 24, 2023
Transactions value $
$54,515
Form type
4
Date filed
4/26/2023, 05:31 PM
Previous filing
Feb 10, 2023
Next filing
Jun 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRN Common Stock Purchase $37.9K +14K +7.21% $2.71 208K Apr 24, 2023 By Palm Global Small Cap Master Fund LP F1, F2
transaction BRN Common Stock Purchase $16.6K +6.24K +3% $2.67 214K Apr 26, 2023 By Palm Global Small Cap Master Fund LP F1, F3
holding BRN Common Stock 14K Apr 24, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Palm Management (US) LLC, as the investment manager of Palm Global Small Cap Master Fund LP ("Palm Global"), may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by Palm Global. Due to his position with Palm Global and Palm Management (US) LLC, the Reporting Person may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by Palm Global. Palm Management (US) LLC and the Reporting Person expressly disclaim such beneficial ownership except to the extent of his pecuniary interest therein.
F2 The price reported represents the per share price paid for all shares purchased on April 24, 2023. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
F3 The price reported represents a weighted average of the per share price for the shares purchased on April 26, 2023. These shares were purchased in multiple transactions at prices ranging from $2.66 to $2.69 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.