David A. Ottewell - 07 Dec 2022 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
07 Dec 2022
Net transactions value
-$423,868
Form type
4
Filing time
08 Dec 2022, 11:02:46 UTC
Previous filing
07 Dec 2022
Next filing
16 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 $677,482 +184,600 +23% $3.67 974,131 07 Dec 2022 Direct
transaction NG Common Shares Tax liability $677,082 -113,414 -12% $5.97 860,717 07 Dec 2022 Direct F1
transaction NG Common Shares Sale $424,269 -71,186 -8.3% $5.96 789,531 07 Dec 2022 Direct F2

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 -184,600 -100% $0.000000* 0 07 Dec 2022 Common Shares 184,600 $3.67 Direct F3
* 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 withheld in multiple transactions at prices ranging from $5.97 to $5.9788, 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 withheld at each separate price within the ranges set forth in this footnote.
F2 The price reported in Column 4 above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.95 to $5.975, 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.
F3 The options were granted on 12/1/2018 and vest as follows: 1/3 on 12/1/2019; 1/3 on 12/1/2020; 1/3 on 12/1/2021.