SHERWOOD NED L - 22 Dec 2021 Form 4 Insider Report for BARNWELL INDUSTRIES INC (BRN)

Role
10%+ Owner
Signature
/s/ Ned L. Sherwood
Issuer symbol
BRN
Transactions as of
22 Dec 2021
Net transactions value
+$602,170
Form type
4
Filing time
23 Dec 2021, 16:20:10 UTC
Previous filing
21 May 2021
Next filing
13 Sep 2022
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 $585,419 +207,463 +15% $2.82 1,576,944 22 Dec 2021 MRMP-Managers LLC F1, F3
transaction BRN Common Stock, par value $0.50 per share Purchase $16,751 +5,622 +0.36% $2.98 1,582,566 23 Dec 2021 MRMP-Managers LLC F1, F4
holding BRN Common Stock, par value $0.50 per share 238,038 22 Dec 2021 Ned L. Sherwood Revocable Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.55 and $2.92 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.
F4 The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.97 and $2.98 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.