Adam A. Dirlam - 15 Mar 2024 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
15 Mar 2024
Net transactions value
-$519,279
Form type
4
Filing time
19 Mar 2024, 16:07:15 UTC
Previous filing
05 Mar 2024
Next filing
03 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction N O G Common Stock Sale $79,344 -2,088 -1.7% $38.00 122,359 15 Mar 2024 Direct F1
transaction N O G Common Stock Tax liability $347,369 -9,163 -7.5% $37.91 113,196 15 Mar 2024 Direct F2, F3
transaction N O G Common Stock Sale $11,628 -306 -1.5% $38.00 20,678 15 Mar 2024 By Spouse F1
transaction N O G Common Stock Tax liability $80,938 -2,135 -10% $37.91 18,543 15 Mar 2024 By Spouse F2, 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 sale transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on June 21, 2023.
F2 Surrender of shares to pay taxes payable upon vesting of restricted stock.
F3 Reflects the last closing price of the company's common stock on or after the date the shares were surrendered.