Clynton R. Nauman - 07 Nov 2022 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role
Director
Signature
/s/ Tricia Pannier as attorney-in-fact for Clynton R. Nauman
Issuer symbol
NG
Transactions as of
07 Nov 2022
Net transactions value
-$47,543
Form type
4
Filing time
08 Nov 2022, 08:24:21 UTC
Previous filing
01 Sep 2022
Next filing
01 Dec 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 $385,385 +100,100 +58% $3.85 272,554 07 Nov 2022 Direct
transaction NG Common Shares Tax liability $385,385 -77,309 -28% $4.98 195,245 07 Nov 2022 Direct
transaction NG Common Shares Sale $47,543 -9,566 -4.9% $4.97 185,679 07 Nov 2022 Direct F1
holding NG Common Shares 1,654 07 Nov 2022 RRSP
holding NG Common Shares 987 07 Nov 2022 IRA

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 -100,100 -100% $0.000000* 0 07 Nov 2022 Common Shares 100,100 $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 $4.96 to $4.975, 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 These options were granted on December 1, 2017 and vested as follows: 1/3 on 12/1/2018; 1/3 on 12/1/2019; and 1/3 on 12/1/2020.