Richard Alan Williams - 01 Jul 2024 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role: Vice President & COO
Signature: /s/ Tricia Pannier as attorney-in-fact for Richard Alan Williams
Issuer symbol: NG
Transactions as of: 01 Jul 2024
Net transactions value: -$26,120
Form type: 4
Filing time: 02 Jul 2024, 15:46:22 UTC
Previous filing: 02 Jul 2024
Next filing: 01 Oct 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	+31,000	+7.6%	$0.000000	437,473	01 Jul 2024	Direct	F1
transaction	NG	Common Shares	Tax liability	$26,120	-7,549	-1.7%	$3.46	429,924	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	-31,000	-100%	$0.000000^*	0	01 Jul 2024	Common Shares	31,000	$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 31,000 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 3 on January 31, 2024. 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.