secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN OIL & GAS, INC. (NOG)
CIK:        0001104485
Form:       8-K
Filed at:   2022-07-13T23:59:59+00:00
Accession:  0001104485-22-000143
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chief Strategy Officer Mike Kelly departing July 15, 2022; receives severance and stock vesting.
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- Mike Kelly steps down as Chief Strategy Officer effective July 15, 2022.
- Severance includes $212,500 base salary continuation through March 15, 2023.
- 28,550 unvested restricted shares will vest on March 15, 2023, subject to conditions.
- Car allowance ($20,000/yr) and COBRA premiums continued during severance period.
- Kelly reaffirms non-compete, non-solicitation, and confidentiality obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1104485/000110448522000143/0001104485-22-000143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1104485/000110448522000143/nog-20220713.htm
  HTML page:      https://secwatch.observer/filing/0001104485-22-000143

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer