Chad W. Allen - 03 Aug 2023 Form 4 Insider Report for NORTHERN OIL & GAS, INC. (NOG)

Role
CFO
Signature
/s/ Stephanie L. Horton as attorney-in-fact
Issuer symbol
NOG
Transactions as of
03 Aug 2023
Net transactions value
-$193,549
Form type
4
Filing time
04 Aug 2023, 16:05:46 UTC
Previous filing
01 Aug 2023
Next filing
17 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOG Common Stock Sale $193,549 -4,800 -8.9% $40.32 49,097 03 Aug 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Reflects the weighted average price of 4,800 shares sold in multiple transactions on August 3, 2023 at prices ranging from $40.03 to $40.92.