Gregory A. Lang - 15 Feb 2022 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
15 Feb 2022
Transactions value $
-$299,119
Form type
4
Filing time
17 Feb 2022, 11:15:39 UTC
Previous filing
04 Jan 2022
Next filing
02 Mar 2022
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 $211K +54.7K +15079.89% $3.85 55.1K 15 Feb 2022 Direct
transaction NG Common Shares Tax liability -$211K -31.5K -57.16% $6.69 23.6K 15 Feb 2022 Direct F1
transaction NG Common Shares Sale -$147K -22.2K -94.02% $6.63 1.41K 15 Feb 2022 Direct F2
transaction NG Common Shares Other $0 -1.05K -74.27% $0.00 363 15 Feb 2022 Direct
transaction NG Common Shares Other $0 +1.05K +0.05% $0.00 2.06M 15 Feb 2022 Family Trust
transaction NG Common Shares Options Exercise $193K +50K +13774.1% $3.85 50.4K 16 Feb 2022 Direct
transaction NG Common Shares Tax liability -$193K -27.9K -55.48% $6.89 22.4K 16 Feb 2022 Direct
transaction NG Common Shares Sale -$152K -22.1K -98.38% $6.89 363 16 Feb 2022 Direct F3

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 Stock Option (right to buy) Options Exercise $0 -54.7K -5.23% $0.00 993K 15 Feb 2022 Common Shares 54.7K $3.85 Direct F4
transaction NG Stock Option (right to buy) Options Exercise $0 -50K -5.04% $0.00 943K 16 Feb 2022 Common Shares 50K $3.85 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were withheld in multiple transactions at prices ranging from $6.69 to $6.70, inclusive. The reporting person undertakes to provide to NOVAGOLD RESOURCES INC., any security holder of NOVAGOLD RESOURCES INC., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares withheld at each separate price within the ranges set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.59 to $6.69, inclusive. The reporting person undertakes to provide to NOVAGOLD RESOURCES INC., any security holder of NOVAGOLD RESOURCES INC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.89 to $6.895, inclusive. The reporting person undertakes to provide to NOVAGOLD RESOURCES INC., any security holder of NOVAGOLD RESOURCES INC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
F4 The options vested as follows: 1/3 on 12/1/2018; 1/3 on 12/1/2019; and 1/3 on 12/1/2020.