Gregory A. Lang - 23 Nov 2021 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role: President and CEO, Director
Signature: /s/ Tricia Pannier as attorney-in-fact for Gregory A. Lang
Issuer symbol: NG
Transactions as of: 23 Nov 2021
Net transactions value: -$141,000
Form type: 4
Filing time: 24 Nov 2021, 11:28:14 UTC
Previous filing: 23 Nov 2021
Next filing: 29 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NG	Common Shares	Options Exercise	$229,000	+50,000	+907%	$4.58	55,511	23 Nov 2021	Direct
transaction	NG	Common Shares	Tax liability	$229,000	-30,946	-56%	$7.40	24,565	23 Nov 2021	Direct
transaction	NG	Common Shares	Sale	$141,000	-19,054	-78%	$7.40	5,511	23 Nov 2021	Direct
holding	NG	Common Shares						1,985,117	23 Nov 2021	Family Trust	F1

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	-50,000	-27%	$0.000000	136,800	23 Nov 2021	Common Shares	50,000	$4.58	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person is the trustee and sole primary beneficiary of the family trust.
F2	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.