Robert B. Rowling - Jun 1, 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
Jun 1, 2022
Transactions value $
-$23,194,241
Form type
4
Date filed
6/3/2022, 05:00 PM
Previous filing
Feb 23, 2022
Next filing
Nov 15, 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 Sale -$10M -302K -3.37% $33.14 8.66M Jun 1, 2022 Direct F1
transaction NOG Common Stock, $0.001 par value per share Sale -$3.3M -98.2K -1.13% $33.63 8.56M Jun 1, 2022 Direct F2
transaction NOG Common Stock, $0.001 par value per share Sale -$3.25M -99.4K -1.16% $32.69 8.46M Jun 2, 2022 Direct F3
transaction NOG Common Stock, $0.001 par value per share Sale -$19.5K -588 -0.01% $33.10 8.46M Jun 2, 2022 Direct F4
transaction NOG Common Stock, $0.001 par value per share Sale -$2.73M -82.1K -0.97% $33.24 8.38M Jun 2, 2022 Direct F5
transaction NOG Common Stock, $0.001 par value per share Sale -$3.89M -118K -1.41% $33.01 8.26M Jun 3, 2022 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is the weighted average price. The shares were sold in multiple transactions on June 1, 2022, by Cresta Investments, LLC at prices ranging from $32.47 to $33.47 per share, inclusive. The reporting persons undertake to provide Northern Oil and Gas, Inc., any stockholder of Northern Oil and Gas, Inc., or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this table.
F2 The price reported is the weighted average price. The shares were sold in multiple transactions on June 1, 2022, by Cresta Investments, LLC at prices ranging from $33.48 to $33.99 per share, inclusive.
F3 The price reported is the weighted average price. The shares were sold in multiple transactions on June 2, 2022, by Cresta Investments, LLC at prices ranging from $32 .02 to $33.02 per share, inclusive.
F4 The price reported is the weighted average price. The shares were sold in multiple transactions on June 2, 2022, by Cresta Investments, LLC at prices ranging from $33.03 to $33.13 per share, inclusive.
F5 The price reported is the weighted average price. The shares were sold in multiple transactions on June 2, 2022, by 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"), at prices ranging from $32.80 to $33.53 per share, inclusive.
F6 The price reported is the weighted average price. The shares were sold in multiple transactions on June 3, 2022, by the Trust at prices ranging from $32.80 to $33.31 per share, inclusive.
F7 6,876,829 of the shares of Common Stock reported as directly owned are owned directly by TRT Holdings, Inc., 909,402 of such shares are owned directly by Cresta Investments, LLC, and 477,488 of such shares are owned directly by the Trust. Robert B. Rowling may be deemed to beneficially own all of the securities reported as directly owned due to his ownership interests in TRT Holdings, Inc. and Cresta Investments, LLC or, in the case of the Trust, the pecuniary interest of his family members as beneficiaries.