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4//SEC Filing

BARNWELL INDUSTRIES INC 4

Accession 0001181431-06-040676

$BRNCIK 0000010048operating

Filed

Jul 5, 8:00 PM ET

Accepted

Jul 6, 2:19 PM ET

Size

14.0 KB

Accession

0001181431-06-040676

Insider Transaction Report

Form 4
Period: 2006-07-03
Transactions
  • Purchase

    Common Stock

    2006-07-03$23.76/sh+1,000$23,7601,553,700 total(indirect: See Footnote)
Transactions
  • Purchase

    Common Stock

    2006-07-03$23.76/sh+1,000$23,7601,553,700 total(indirect: See Footnote)
Transactions
  • Purchase

    Common Stock

    2006-07-03$23.76/sh+1,000$23,7601,553,700 total(indirect: See Footnote)
Footnotes (5)
  • [F1]These shares were acquired by Mercury Real Estate Advisors, LLC ("Advisors"), a registered investment adviser, on behalf of Mercury Real Estate Securities Offshore Fund, Ltd. ("MRESOF"), for which Advisors serves as the investment adviser. Mr. David R. Jarvis is a managing member of Advisors. Mr. Jarvis disclaims beneficial ownership of the shares held directly by MRESOF, except to the extent of the pecuniary interest, if any, in such shares as a result of his membership interest in Advisors, which has a contingent right to receive a performance-based advisory fee from MRESOF. That performance-based fee generally qualifies for the exemption set forth in Rule 16a-1(a)(2)(ii)(C).
  • [F2]These shares were acquired by Advisors on behalf of MRESOF. Mr. Malcolm F. MacLean IV is a managing member of Advisors. Mr. MacLean disclaims beneficial ownership of the shares held directly by MRESOF, except to the extent of the pecuniary interest, if any, in such shares as a result of his membership interest in Advisors, which has a contingent right to receive a performance-based advisory fee from MRESOF. That performance-based fee generally qualifies for the exemption set forth in Rule 16a-1(a)(2)(ii)(C).
  • [F3]These shares are held directly by MRESOF.
  • [F4]The amounts reported in Column 5 of Table I are held directly by certain private investment funds, including MRESOF (the "Funds"), and certain managed accounts (the "Managed Accounts"), for which Advisors serves as the investment adviser. Mr. Jarvis disclaims beneficial ownership of the shares held directly by the Funds and the Managed Accounts, except to the extent of the pecuniary interest, if any, in such shares as a result of his membership interest in Advisors, which has a contingent right to receive a performance-based advisory fee from each of the Funds and Managed Accounts, or as a result of his membership interest in certain limited liability companies that serve as the general partners of certain of the Funds. That performance-based fee generally qualifies for the exemption set forth in Rule 16a-1(a)(2)(ii)(C).
  • [F5]The amounts reported in Column 5 of Table I are held directly by the Funds and the Managed Accounts, for which Advisors serves as the investment adviser. Mr. MacLean disclaims beneficial ownership of the shares held directly by the Funds and the Managed Accounts, except to the extent of the pecuniary interest, if any, in such shares as a result of his membership interest in Advisors, which has a contingent right to receive a performance-based advisory fee from each of the Funds and Managed Accounts, or as a result of his membership interest in certain limited liability companies that serve as the general partners of certain of the Funds. That performance-based fee generally qualifies for the exemption set forth in Rule 16a-1(a)(2)(ii)(C).

Issuer

BARNWELL INDUSTRIES INC

CIK 0000010048

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000010048

Filing Metadata

Form type
4
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 2:19 PM ET
Size
14.0 KB