Nicholas L. O'grady - Oct 9, 2023 Form 4 Insider Report for NORTHERN OIL & GAS, INC. (NOG)

Role
CEO
Signature
/s/ Stephanie L. Horton as attorney-in-fact
Stock symbol
NOG
Transactions as of
Oct 9, 2023
Transactions value $
-$1,156,842
Form type
4
Date filed
10/10/2023, 07:31 AM
Previous filing
Aug 23, 2023
Next filing
Dec 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOG Common Stock Sale -$1.16M -29K -16.39% $39.96 148K Oct 9, 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 28,950 shares sold pursuant to a 10b5-1 plan in multiple transactions on October 9, 2023 at prices ranging from $39.79 to $40.003.