Gregory A. Lang - Dec 4, 2024 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role
President and CEO, Director
Signature
/s/ Tricia Pannier as attorney-in-fact for Gregory A. Lang
Stock symbol
NG
Transactions as of
Dec 4, 2024
Transactions value $
-$50,260
Form type
4
Date filed
12/11/2024, 05:08 PM
Previous filing
Dec 3, 2024
Next filing
Dec 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NG Common Shares Options Exercise $0 +56K +114.99% $0.00 105K Dec 4, 2024 Direct F1
transaction NG Common Shares Tax liability -$50.3K -14K -13.37% $3.59 90.7K Dec 4, 2024 Direct
holding NG Common Shares 1.49M Dec 4, 2024 Family Trust
holding NG Common Shares 445K Dec 4, 2024 Irrevocable Trust

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 -224K -100% $0.00 0 Dec 4, 2024 Common Shares 224K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The December 1, 2021 grant totaling 224,000 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 4. The Board of Directors authorized vesting at 25% of the original grant amount, decreasing the award to a total of 56,000 common shares.