Robert B. Rowling - 01 Jun 2022 Form 4 Insider Report for NORTHERN OIL & GAS, INC. (NOG)

Reporting relationship: 10%+ Owner
Issuer ticker: NOG
Reported as of: 01 Jun 2022
Net transaction value: -$23,194,241
SEC form: 4
Accepted by SEC: 03 Jun 2022, 17:00:13 UTC
Prior SEC filing: 23 Feb 2022
Next SEC filing: 15 Nov 2022
Source filing: View source filing
Reporting owner signature: /s/ Robert B. Rowling

Key filing fact

Robert B. Rowling filed Form 4 for NORTHERN OIL & GAS, INC. (NOG) on 03 Jun 2022.

Key facts

This page summarizes Robert B. Rowling's Form 4 filing for NORTHERN OIL & GAS, INC. (NOG).
6 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 03 Jun 2022, 17:00.

Change

Previous filing in this sequence was filed on 23 Feb 2022.
Current net transaction value: -$23,194,241.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NOG transaction

Common Stock, $0.001 par value per share

Sale

Transaction value: $10,002,315
Shares: -301,820
Change %: -3.4%
Price: $33.14
Shares after: 8,661,899
Date: 01 Jun 2022
Ownership: Direct
Footnotes: F1

NOG transaction

Common Stock, $0.001 par value per share

Sale

Transaction value: $3,301,793
Shares: -98,180
Change %: -1.1%
Price: $33.63
Shares after: 8,563,719
Date: 01 Jun 2022
Ownership: Direct
Footnotes: F2

NOG transaction

Common Stock, $0.001 par value per share

Sale

Transaction value: $3,249,778
Shares: -99,412
Change %: -1.2%
Price: $32.69
Shares after: 8,464,307
Date: 02 Jun 2022
Ownership: Direct
Footnotes: F3

NOG transaction

Common Stock, $0.001 par value per share

Sale

Transaction value: $19,463
Shares: -588
Change %: -0.01%
Price: $33.10
Shares after: 8,463,719
Date: 02 Jun 2022
Ownership: Direct
Footnotes: F4

NOG transaction

Common Stock, $0.001 par value per share

Sale

Transaction value: $2,730,334
Shares: -82,140
Change %: -0.97%
Price: $33.24
Shares after: 8,381,579
Date: 02 Jun 2022
Ownership: Direct
Footnotes: F5

NOG transaction

Common Stock, $0.001 par value per share

Sale

Transaction value: $3,890,559
Shares: -117,860
Change %: -1.4%
Price: $33.01
Shares after: 8,263,719
Date: 03 Jun 2022
Ownership: Direct
Footnotes: F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.