Kalidas V Madhavpeddi - 01 Sep 2022 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role: Director
Signature: /s/ Tricia Pannier as attorney-in-fact for Kalidas V. Madhavpeddi
Issuer symbol: NG
Transactions as of: 01 Sep 2022
Net transactions value: $0
Form type: 4
Filing time: 01 Sep 2022, 12:00:20 UTC
Previous filing: 02 Jun 2022
Next filing: 14 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NG	Common Shares	Award	$0	+1,115	+2.5%	$0.000000	45,652	01 Sep 2022	Direct	F1
holding	NG	Common Shares						80,404	01 Sep 2022	Madhavpeddi Family Trust
holding	NG	Common Shares						34,225	01 Sep 2022	Azteca Consulting LLC

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

Explanation of Responses:

Id	Content
F1	Grant of Deferred Share Units (DSUs). Each DSU is the economic equivalent of one share of the Issuer's common stock. The underlying common shares will not be issued to the reporting person, and the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares, until termination of the reporting person's employment or services as a director of NOVAGOLD RESOURCES INC. The grants will expire no later than 90 days after the reporting person's termination date.

Content

Grant of Deferred Share Units (DSUs). Each DSU is the economic equivalent of one share of the Issuer's common stock. The underlying common shares will not be issued to the reporting person, and the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares, until termination of the reporting person's employment or services as a director of NOVAGOLD RESOURCES INC. The grants will expire no later than 90 days after the reporting person's termination date.