Joshua Horowitz - Dec 20, 2023 Form 4 Insider Report for BARNWELL INDUSTRIES INC (BRN)

Role
Director
Signature
By: /s/ Joshua Horowitz
Stock symbol
BRN
Transactions as of
Dec 20, 2023
Transactions value $
$63,304
Form type
4
Date filed
12/22/2023, 05:53 PM
Previous filing
Dec 22, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRN Common Stock Purchase $22.7K +10K +4.67% $2.27 224K Dec 20, 2023 By Palm Global Small Cap Master Fund LP F1, F2
transaction BRN Common Stock Purchase $7.28K +3.21K +1.43% $2.27 228K Dec 21, 2023 By Palm Global Small Cap Master Fund LP F1, F2
transaction BRN Common Stock Purchase $33.3K +14K +6.15% $2.38 242K Dec 22, 2023 By Palm Global Small Cap Master Fund LP F1, F2
holding BRN Common Stock 42.4K Dec 20, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.20 to $2.29, inclusive, on December 20, 2023, prices ranging from $2.26 to $2.35, inclusive, on December 21, 2023, and prices ranging from $2.315 to $2.42, inclusive, on December 22, 2023. The reporting person undertakes to provide to the registrant, any security holder of the registrant, 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 this footnote.
F2 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.