Hume D. Kyle - 19 May 2023 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role
Director
Signature
/s/ Tricia Pannier as attorney-in-fact for Hume Kyle
Issuer symbol
NG
Transactions as of
19 May 2023
Net transactions value
$0
Form type
4
Filing time
22 May 2023, 13:44:09 UTC
Previous filing
19 May 2023
Next filing
01 Jun 2023

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) Award $0 +100,000 $0.000000 100,000 19 May 2023 Common Shares 100,000 $5.37 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price above was converted from the Canadian exercise price of C$7.25 to USD using an exchange rate of CAD$1.3503=USD$1.00.
F2 These options vest as follows: 1/3 on 5/19/2024; 1/3 on 5/19/2025; and 1/3 on 5/19/2026.