Kalidas V Madhavpeddi - 08 Nov 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: 08 Nov 2022
Net transactions value: -$112
Form type: 4
Filing time: 09 Nov 2022, 11:08:10 UTC
Previous filing: 14 Dec 2023
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	+100	+0.22%	$3.85	45,752	08 Nov 2022	Direct
transaction	NG	Common Shares	Tax liability	$388	-78	-0.17%	$4.98	45,674	08 Nov 2022	Direct
transaction	NG	Common Shares	Sale	$109	-22	-0.05%	$4.95	45,652	08 Nov 2022	Direct
holding	NG	Common Shares						55,152	08 Nov 2022	Azteca Consulting LLC	F2
holding	NG	Common Shares						80,404	08 Nov 2022	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	-100	-100%	$0.000000^*	0	08 Nov 2022	Common Shares	100	$3.85	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, 2017 and vested as follows: 1/3 on 12/1/2018; 1/3 on 12/1/2019; and 1/3 on 12/1/2020.
F2	Shares held in an account owned by Azteca Consulting LLC, of which the Reporting Person and his spouse are the members.