Kalidas V. Madhavpeddi - Sep 1, 2023 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role: Director
Signature: /s/ Tricia Pannier as attorney-in-fact for Kalidas V. Madhavpeddi
Stock symbol: NG
Transactions as of: Sep 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 9/1/2023, 02:44 PM
Previous filing: Jun 1, 2023
Next filing: Nov 30, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NG	Common Shares	Award	$0	+1.28K	+2.64%	$0.00	49.9K	Sep 1, 2023	Direct	F1
holding	NG	Common Shares						80.4K	Sep 1, 2023	Madhavpeddi Family Trust
holding	NG	Common Shares						55.2K	Sep 1, 2023	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.