Ned L. Sherwood - 03 Apr 2023 Form 4 Insider Report for BARNWELL INDUSTRIES INC (BRN)

Role
10%+ Owner
Signature
/s/ Ned L. Sherwood
Issuer symbol
BRN
Transactions as of
03 Apr 2023
Net transactions value
+$550,915
Form type
4
Filing time
07 Apr 2023, 07:40:43 UTC
Previous filing
13 Sep 2022
Next filing
20 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRN Common Stock, par value $0.50 per share Purchase $550,915 +201,505 +12% $2.73 1,918,661 03 Apr 2023 MRMP-Managers LLC F1, F2
holding BRN Common Stock, par value $0.50 per share 238,038 03 Apr 2023 Ned L. Sherwood Revocable Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.65 and $2.81 per share. The Reporting Persons undertake to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
F2 Shares are held by MRMP-Managers LLC, of which Mr. Sherwood is Chief Investment Officer. Mr. Sherwood disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3 Shares are held by the Ned L. Sherwood Revocable Trust, of which Mr. Sherwood is the sole trustee and beneficiary. Mr. Sherwood disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.