David A. Ottewell - 01 Jul 2024 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: 01 Jul 2024
Net transactions value: -$32,981
Form type: 4
Filing time: 02 Jul 2024, 15:44:48 UTC
Previous filing: 04 Jan 2024
Next filing: 15 Jul 2024
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	$0	+35,500	+4.4%	$0.000000	833,649	01 Jul 2024	Direct	F1
transaction	NG	Common Shares	Tax liability	$32,981	-9,532	-1.1%	$3.46	824,117	01 Jul 2024	Direct

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	Performance Share Units ("PSUs")	Options Exercise	$0	-35,500	-100%	$0.000000^*	0	01 Jul 2024	Common Shares	35,500	$0.000000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The December 15, 2022 grant totaling 35,500 Performance Share Units (PSUs), which were subject to performance criteria set by the board of directors of the Issuer, was previously voluntarily reported on Form 4 on December 16, 2022. On July 1, 2024, the performance criteria were deemed to have been met with respect to the grant at 100% of the original grant amount.