Adam A. Dirlam - 01 Dec 2023 Form 4 Insider Report for NORTHERN OIL & GAS, INC. (NOG)

Role
President
Signature
/s/ Stephanie L. Horton as attorney-in-fact
Issuer symbol
NOG
Transactions as of
01 Dec 2023
Net transactions value
-$60,050
Form type
4
Filing time
04 Dec 2023, 16:07:54 UTC
Previous filing
03 Nov 2023
Next filing
03 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction N O G Common Stock Sale $52,374 -1,392 -2.3% $37.62 58,180 01 Dec 2023 Direct F1, F2
transaction N O G Common Stock Sale $7,676 -204 -1.4% $37.62 14,230 01 Dec 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.