Adam A. Dirlam - Dec 1, 2023 Form 4 Insider Report for NORTHERN OIL & GAS, INC. (N O G)

Role
President
Signature
/s/ Stephanie L. Horton as attorney-in-fact
Stock symbol
N O G
Transactions as of
Dec 1, 2023
Transactions value $
-$60,050
Form type
4
Date filed
12/4/2023, 04:07 PM
Previous filing
Nov 3, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction N O G Common Stock Sale -$52.4K -1.39K -2.34% $37.63 58.2K Dec 1, 2023 Direct F1, F2
transaction N O G Common Stock Sale -$7.68K -204 -1.41% $37.63 14.2K Dec 1, 2023 By Spouse F1, F3
* 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 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on June 21, 2023.
F2 Reflects the weighted average price of 1,392 shares sold in multiple transactions on December 1, 2023 at prices ranging from $37.25 to $38.00.
F3 Reflects the weighted average price of 204 shares sold in multiple transactions on December 1, 2023 at prices ranging from $37.25 to $38.00.