| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NOG | Common Stock, $0.001 par value per share | Sale | -$9.77M | -261K | -3.16% | $37.45 | 8M | Nov 11, 2022 | Direct | F1 |
| transaction | NOG | Common Stock, $0.001 par value per share | Sale | -$350K | -9.13K | -53.32% | $38.38 | 7.99K | Nov 14, 2022 | Direct | F2 |
| transaction | NOG | Common Stock, $0.001 par value per share | Sale | -$7.51M | -197K | -2.46% | $38.18 | 7.8M | Nov 15, 2022 | Direct | F3, F4 |
Robert B. Rowling is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | The price reported is the weighted average price. The shares were sold in multiple transactions on November 11, 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 $37.15 to $37.89 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 price ranges set forth in these footnotes. |
| F2 | The price reported is the weighted average price. The shares were sold in multiple transactions on November 14, 2022, by the Trust, at prices ranging from $38.25 to $38.55 per share, inclusive. |
| F3 | The price reported is the weighted average price. The shares were sold in multiple transactions on November 15, 2022, by the Trust, at prices ranging from $38.10 to $38.47 per share, inclusive. |
| F4 | 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 10,526 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. |
As a result of the sales reported in this Form 4 and an increase in the number of outstanding shares of the Issuer's Common Stock, as of November 15, 2022, the reporting persons are no longer deemed to be 10% owners under Rule 16a-1(a)(1). Therefore. the reporting persons are no longer subject to, and will no longer file reports under, Section 16(a) with respect to transactions in equity securities of the Issuer.