Robert B. Rowling - Jan 5, 2022 Form 4 Insider Report for NORTHERN OIL & GAS, INC. (NOG)

Role
10%+ Owner
Signature
/s/ Robert B. Rowling
Stock symbol
NOG
Transactions as of
Jan 5, 2022
Transactions value $
$0
Form type
4
Date filed
1/5/2022, 04:53 PM
Previous filing
Nov 22, 2021
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOG Common Stock, $0.001 par value per share Other $0 -171K -1.84% $0.00 9.13M Jan 5, 2022 See footnote F1, F2
transaction NOG Common Stock, $0.001 par value per share Other $0 -171K -1.87% $0.00 8.96M Jan 5, 2022 See footnote F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was trustee of a trust that owned 100% of the ownership interests in TTBR Investments LLC, the direct owner of 171,100 shares of Common Stock of the Issuer. On January 5, 2022, the reporting person caused the trust to be dissolved and the ownership interests in TTBR Investments LLC to be distributed to the beneficiary of the trust. The reporting person no longer has any beneficial ownership interest in such shares.
F2 6,876,829 of the shares are owned directly by TRT Holdings, Inc., 1,409,402 shares are owned directly by Cresta Investments, LLC, and 677,488 shares are owned directly by the Rowling Family 2012 Long Term Trust, a family trust for which Robert B. Rowling serves as trustee and the beneficiaries of which are his family members (the "Trust"). Robert B. Rowling may be deemed to beneficially own all of such shares due to his direct or indirect ownership interests in TRT Holdings, Inc. and Cresta Investments, LLC and his status as trustee of the Trust and the pecuniary interests of his family members as beneficiaries thereof. 171,100 of the shares were owned directly by TRBRJR Investments LLC (see footnote 3, below).
F3 The reporting person was trustee of a trust that owned 100% of the ownership interests in TRBRJR Investments LLC, the direct owner of 171,100 shares of Common Stock of the Issuer. On January 5, 2022, the reporting person caused the trust to be dissolved and the ownership interests in TRBRJR Investments LLC to be distributed to the beneficiary of the trust. The reporting person no longer has any beneficial ownership interest in such shares.
F4 The shares are owned directly by TRT Holdings, Inc., Cresta Investments, LLC and the Trust in the amounts stated in footnote 2, above.