Diane R. Garrett - Nov 28, 2023 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role
Director
Signature
Tricia Pannier as attorney-in-fact for Diane R. Garrett
Stock symbol
NG
Transactions as of
Nov 28, 2023
Transactions value $
-$40,985
Form type
4
Date filed
11/29/2023, 11:15 AM
Previous filing
Sep 1, 2023
Next filing
Dec 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NG Common Shares Options Exercise $335K +91.3K +364.18% $3.67 116K Nov 28, 2023 Direct
transaction NG Common Shares Tax liability -$335K -81.3K -69.89% $4.12 35K Nov 28, 2023 Direct
transaction NG Common Shares Sale -$41K -9.97K -28.46% $4.11 25.1K Nov 28, 2023 Direct F1

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 -91.3K -100% $0.00* 0 Nov 28, 2023 Common Shares 91.3K $3.67 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 is a weighted average price. These shares were sold in multiple transactions ranging from $4.11 to $4.115, 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 12/1/2018 and vested as follows: 1/3 on 12/1/2019; 1/3 on 12/1/2020; and 1/3 on 12/1/2021.