Key facts
- This page summarizes David A. Ottewell's Form 4 filing for NOVAGOLD RESOURCES INC (NG).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 04 Dec 2023, 14:04.
David A. Ottewell - 01 Dec 2023 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)
- Reporting relationship
- Vice President & CFO
- Issuer ticker
- NG
- Reported as of
- 01 Dec 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 04 Dec 2023, 14:04:46 UTC
- Prior SEC filing
- 03 Oct 2023
- Next SEC filing
- 04 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Tricia Pannier as attorney-in-fact for David A. Ottewell
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
David A. Ottewell filed Form 4 for NOVAGOLD RESOURCES INC (NG) on 04 Dec 2023.
Change
- Previous filing in this sequence was filed on 03 Oct 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NG
transaction
Derivative
Stock Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +318,600
- Change %
- Price
- $0.000000
- Shares after
- 318,600
- Date
- 01 Dec 2023
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 318,600
- Exercise price
- $4.20
- Footnotes
- F1
NG
transaction
Derivative
Performance Share Units ("PSUs")
Award
- Transaction value
- $0
- Shares
- +138,100
- Change %
- Price
- $0.000000
- Shares after
- 138,100
- Date
- 01 Dec 2023
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 138,100
- Exercise price
- $0.000000
- Footnotes
- F2
NG
transaction
Derivative
Performance Share Units ("PSUs")
Options Exercise
- Transaction value
- $0
- Shares
- -52,400
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 01 Dec 2023
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 52,400
- Exercise price
- $0.000000
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
The options vest as follows: 1/3 on 12/1/2024; 1/3 on 12/1/2025; and 1/3 on 12/1/2026.
Footnote F2
Represents a grant of Performance Share Units ("PSUs") made pursuant to the Issuer's 2009 Performance Share Unit Plan, as amended ("PSU Plan") which are subject to performance criteria set by the board of directors of the Issuer. The PSUs may convert into common shares of the Issuer or the cash value thereof anywhere between 0% and 150% of the PSU grant amount depending upon actual performance against the performance criteria. The anticipated vesting date is December 1, 2026. The common shares underlying vested PSUs or the cash value thereof, as determined by the Issuer, will be paid to the reporting person, net of applicable tax at the option of the Issuer, as soon as practicable following the vesting date. The reporting person shall not have any voting or dispositive rights with respect to the underlying common shares of the PSUs until the performance criteria has been met and, at the option of the Issuer, the underlying common shares have been issued to the reporting person.
Footnote F3
The December 1, 2020 grant totaling 52,400 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 1, 2020. On December 1, 2023, the minimum threshold performance criteria was deemed not to have been met resulting in the grant being forfeited with 0% vesting.