Adam A. Dirlam - 29 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
29 Dec 2023
Net transactions value
-$29,877
Form type
4
Filing time
03 Jan 2024, 16:20:39 UTC
Previous filing
04 Dec 2023
Next filing
26 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction N O G Common Stock Award $0 +53,952 +93% $0.000000 112,132 29 Dec 2023 Direct F1
transaction N O G Common Stock Sale $26,058 -696 -0.62% $37.44 111,436 02 Jan 2024 Direct F2
transaction N O G Common Stock Sale $3,819 -102 -0.72% $37.44 14,128 02 Jan 2024 By Spouse 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 sale transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on June 21, 2023.