Thomas S. Kaplan - 01 Sep 2022 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role: Director
Signature: /s/ Thomas S. Kaplan
Issuer symbol: NG
Transactions as of: 01 Sep 2022
Transactions value $: $0
Form type: 4
Filing time: 02 Sep 2022, 09:26:54
Previous filing: 02 Jun 2022
Next filing: 15 Dec 2022
SEC: View on sec.gov

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	Deferred Share Unit	Award	$0	+2.23K	+2.73%	$0.00	84K	01 Sep 2022	Common Shares	2.23K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Each Deferred Share Unit ("DSU") is the economic equivalent of one of the Issuer's common shares. The DSUs vested immediately upon issuance; however, the underlying common shares will not be issued to the reporting person, and the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares, until termination of the reporting person's employment or services as a director of the Issuer. The grants will expire no later than 90 days after the reporting person's termination date.

Content

Each Deferred Share Unit ("DSU") is the economic equivalent of one of the Issuer's common shares. The DSUs vested immediately upon issuance; however, the underlying common shares will not be issued to the reporting person, and the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares, until termination of the reporting person's employment or services as a director of the Issuer. The grants will expire no later than 90 days after the reporting person's termination date.