Kalidas V. Madhavpeddi - Nov 3, 2021 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role
Director
Signature
/s/ Tricia Pannier as attorney-in-fact for Kalidas V. Madhavpeddi
Stock symbol
NG
Transactions as of
Nov 3, 2021
Transactions value $
-$86
Form type
4
Date filed
11/4/2021, 12:40 PM
Previous filing
Sep 1, 2021
Next filing
Nov 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NG Common Shares Options Exercise $405K +88.4K +210.17% $4.58 130K Nov 3, 2021 Direct
transaction NG Common Shares Tax liability -$405K -54.2K -41.52% $7.48 76.3K Nov 3, 2021 Direct
transaction NG Common Shares Sale -$82 -11 -0.01% $7.48 76.3K Nov 3, 2021 Direct
transaction NG Common Shares Other $0 -34.2K -44.86% $0.00 42.1K Nov 3, 2021 Direct
transaction NG Common Shares Other $0 +34.2K $0.00 34.2K Nov 3, 2021 Azteca Consulting LLC F2
holding NG Common Shares 80.4K Nov 3, 2021 Madhavpeddi Family Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NG Stock Option (Right to Buy) Options Exercise $0 -88.4K -100% $0.00* 0 Nov 3, 2021 Common Shares 88.4K $4.58 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options were granted on December 1, 2016 and vested as follows: 1/3 on 12/1/2016; 1/3 on 12/1/2017; and 1/3 on 12/1/2018.
F2 Shares held in an account owned by Azteca Consulting LLC, of which the Reporting Person and his spouse are the members.