Joshua Horowitz - Sep 30, 2023 Form 4 Insider Report for BARNWELL INDUSTRIES INC (BRN)

Role
Director
Signature
/s/ Russell M. Gifford as Attorney-in-fact 11/06/2023 for Joshua Horowitz
Stock symbol
BRN
Transactions as of
Sep 30, 2023
Transactions value $
$0
Form type
4
Date filed
11/6/2023, 08:09 PM
Previous filing
Jun 13, 2023
Next filing
Dec 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRN Common Stock Award +19.1K +81.81% 42.4K Nov 2, 2023 Direct F1
transaction BRN Common Stock Options Exercise +9.33K +66.63% 23.3K Sep 30, 2023 Direct F2
holding BRN Common Stock 214K Sep 30, 2023 By Palm Global Small Cap Master Fund LP F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock unit award to a non-employee director made pursuant to a grant by the Board of Directors of Barnwell Industries, Inc. on November 2, 2023.
F2 Restricted Stock Units convert into common stock on a one-to-one basis.
F3 Palm Management (US) LLC, as the investment manager of Palm Global Small Cap Master Fund LP ("Palm Global"), may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by Palm Global. Due to his position with Palm Global and Palm Management (US) LLC, the Reporting Person may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by Palm Global. Palm Management (US) LLC and the Reporting Person expressly disclaim such beneficial ownership except to the extent of his pecuniary interest therein.