David A. Ottewell - 13 Dec 2021 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role
Vice President & CFO
Signature
/s/ Tricia Pannier as attorney-in-fact for David A. Ottewell
Issuer symbol
NG
Transactions as of
13 Dec 2021
Net transactions value
-$115,267
Form type
4
Filing time
14 Dec 2021, 14:08:46 UTC
Previous filing
01 Dec 2021
Next filing
04 Jan 2022
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 $134,777 +35,007 +4.5% $3.85 819,019 13 Dec 2021 Direct
transaction NG Common Shares Tax liability $134,783 -18,864 -2.3% $7.14 800,155 13 Dec 2021 Direct
transaction NG Common Shares Sale $115,261 -16,143 -2% $7.14 784,012 13 Dec 2021 Direct 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 Common Shares Options Exercise $0 -35,007 -100% $0.000000* 0 13 Dec 2021 Common Shares 35,007 $3.85 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.13 to $7.145, inclusive. The reporting person undertakes to provide to NOVAGOLD RESOURCES INC, any security holder of NOVAGOLD RESOURCES INC., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 The options were granted on 12/1/2017 and vest as follows: 1/3 on 12/1/2018; 1/3 on 12/1/2019; 1/3 on 12/1/2020.