FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SHERWOOD NED L
2. Issuer Name and Ticker or Trading Symbol

BARNWELL INDUSTRIES INC [ BRN ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

151 TERRAPIN POINT, 
3. Date of Earliest Transaction (MM/DD/YYYY)

8/15/2022
(Street)

VERO BEACH, FL 32963
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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, par value $0.50 per share 8/15/2022  P  61366 A$2.9063 (3)1643932.138 (1)I MRMP-Managers LLC 
Common Stock, par value $0.50 per share 8/19/2022  P  1723 A$2.86 1645655.138 (1)I MRMP-Managers LLC 
Common Stock, par value $0.50 per share 8/25/2022  P  1047 A$3.01 1646702.138 (1)I MRMP-Managers LLC 
Common Stock, par value $0.50 per share 8/26/2022  P  20000 A$2.955 (4)1666702.138 (1)I MRMP-Managers LLC 
Common Stock, par value $0.50 per share 8/29/2022  P  1113 A$2.98 1667815.138 (1)I MRMP-Managers LLC 
Common Stock, par value $0.50 per share 8/30/2022  P  5000 A$2.99 1672815.138 (1)I MRMP-Managers LLC 
Common Stock, par value $0.50 per share 8/31/2022  P  5000 A$2.96 1677815.138 (1)I MRMP-Managers LLC 
Common Stock, par value $0.50 per share 9/1/2022  P  4000 A$2.95 (5)1681815.138 (1)I MRMP-Managers LLC 
Common Stock, par value $0.50 per share 9/12/2022  P  5341 A$2.9551 (6)1687156.138 (1)I MRMP-Managers LLC 
Common Stock, par value $0.50 per share 9/13/2022  P  30000 A$3.0033 (7)1717156.138 (1)I MRMP-Managers LLC 
Common Stock, par value $0.50 per share         238038 (2)I Ned L. Sherwood Revocable Trust 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) 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.
(2) 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.
(3) The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.89 and $2.93 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.
(4) The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.93 and $2.97 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.
(5) The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.91 and $2.97 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.
(6) The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.94 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.
(7) The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.00 and $3.01 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SHERWOOD NED L
151 TERRAPIN POINT
VERO BEACH, FL 32963

X

MRMP Managers LLC
C/O SOUTH DAKOTA TRUST COMPANY
201 S. PHILLIPS AVENUE
SIOUX FALLS, SD 57104

X

Ned L. Sherwood Revocable Trust
151 TERRAPIN POINT
VERO BEACH, FL 32963

X


Signatures
/s/ Ned L. Sherwood9/13/2022
**Signature of Reporting PersonDate

MRMP-MANAGERS LLC /s/ Ned L. Sherwood, Chief Investment Officer9/13/2022
**Signature of Reporting PersonDate

NED L. SHERWOOD REVOCABLE TRUST /s/ Ned L. Sherwood, Trustee9/13/2022
**Signature of Reporting PersonDate


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 control number.
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