James B. Evans - Dec 29, 2023 Form 4 Insider Report for NORTHERN OIL & GAS, INC. (N O G)

Signature
/s/ Stephanie L. Horton as attorney-in-fact
Stock symbol
N O G
Transactions as of
Dec 29, 2023
Transactions value $
-$11,794
Form type
4
Date filed
1/3/2024, 04:19 PM
Previous filing
Dec 4, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction N O G Common Stock Award $0 +40.5K +106.21% $0.00 78.6K Dec 29, 2023 Direct F1
transaction N O G Common Stock Sale -$11.8K -315 -0.4% $37.44 78.2K Jan 2, 2024 Direct F2
* 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 Restricted stock granted pursuant to the Issuer's 2018 Equity Incentive Plan.
F2 The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 23, 2023.