Robert B. Rowling Form 4 NORTHERN OIL & GAS / Robert B. Rowling ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:	3235-0287
Estimated average burden
hours per response:	0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Rowling Robert B.

(Last) (First) (Middle)

4001 MAPLE AVENUE, SUITE 600

(Street)

DALLAS TX 75219

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NORTHERN OIL & GAS, INC. [ NOG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.001 par value per share	11/18/2021		S		365,578	D	$19.1(1)	9,440,341	D
Common Stock, $0.001 par value per share	11/18/2021		S		134,422	D	$19.1(2)	9,305,919(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Rowling Robert B.

(Last) (First) (Middle)

4001 MAPLE AVENUE, SUITE 600

(Street)

DALLAS TX 75219

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

TRT Holdings Inc

(Last) (First) (Middle)

4001 MAPLE AVENUE, SUITE 600

(Street)

DALLAS TX 75219

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Cresta Investments, LLC

(Last) (First) (Middle)

4001 MAPLE AVENUE, SUITE 600

(Street)

DALLAS TX 75219

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

TTBR Investments LLC

(Last) (First) (Middle)

4001 MAPLE AVENUE, SUITE 600

(Street)

DALLAS TX 75219

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

TRBRJR Investments LLC

(Last) (First) (Middle)

4001 MAPLE AVENUE, SUITE 600

(Street)

DALLAS TX 75219

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Rowling Family 2012 Long Term Trust

(Last) (First) (Middle)

4001 MAPLE AVENUE, SUITE 600

(Street)

DALLAS TX 75219

(City) (State) (Zip)

Explanation of Responses:

1. Cresta Investments, LLC, as a selling security holder, sold the shares at this price to the underwriters in an underwritten public offering of Common Stock pursuant to a shelf registration statement on Form S-3 of the Issuer (Registration No. 333-225835) (the "Offering").

2. Cresta Greenwood, LLC, as a selling security holder, sold the shares at this price to the underwriters in the Offering.

3. 6,876,829 of the shares are owned directly by TRT Holdings, Inc., 1,409,402 shares are owned directly by Cresta Investments, LLC, 171,100 shares are owned directly by TTBR Investments LLC, 171,100 shares are owned directly by TRBRJR Investments LLC, and 677,488 shares are owned directly by the 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"). Robert B. Rowling may be deemed to beneficially own all of the securities reported as directly owned and (prior to the sale) the securities sold due to his direct or indirect ownership interests in each of the entities identified in the preceding sentence and Cresta Greenwood, LLC or, in the case of the Trust, the pecuniary interest of his family members as beneficiaries.

	/s/ Robert B. Rowling	11/22/2021
	/s/ Paul A. Jorge, Senior Vice President, on behalf of TRT Holdings, Inc.	11/22/2021
	/s/ Paul A. Jorge, Secretary, on behalf of Cresta Investments, LLC	11/22/2021
	/s/ Paul A. Jorge, Vice President, on behalf of TTBR Investments LLC	11/22/2021
	/s/ Paul A. Jorge, Vice President, on behalf of TRBRJR Investments LLC	11/22/2021
	/s/ Robert B. Rowling, Trustee, on behalf of Rowling Family 2012 Long Term Trust	11/22/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.