Gregory A. Lang - 04 Dec 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
Issuer symbol: NG
Transactions as of: 04 Dec 2024
Net transactions value: -$50,260
Form type: 4
Filing time: 11 Dec 2024, 17:08:06 UTC
Previous filing: 03 Dec 2024
Next filing: 11 Dec 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	+56,000	+115%	$0.000000	104,698	04 Dec 2024	Direct	F1
transaction	NG	Common Shares	Tax liability	$50,260	-14,000	-13%	$3.59	90,698	04 Dec 2024	Direct
holding	NG	Common Shares						1,494,143	04 Dec 2024	Family Trust
holding	NG	Common Shares						445,000	04 Dec 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	-224,000	-100%	$0.000000	0	04 Dec 2024	Common Shares	224,000	$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 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.