Anthony P. Walsh - 23 Feb 2022 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role
Director
Signature
/s/ Tricia Pannier as attorney-in-fact for Anthony P. Walsh
Issuer symbol
NG
Transactions as of
23 Feb 2022
Transactions value $
-$159,052
Form type
4
Filing time
24 Feb 2022, 11:44:20
Previous filing
01 Dec 2021
Next filing
01 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NG Common Shares Options Exercise $197K +50K +131.66% $3.93 88K 23 Feb 2022 Direct F1
transaction NG Common Shares Tax liability -$196K -27.6K -31.37% $7.12 60.4K 23 Feb 2022 Direct F2
transaction NG Common Shares Sale -$159K -22.4K -37.11% $7.10 38K 23 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 -50K -72.05% $0.00 19.4K 23 Feb 2022 Common Shares 50K $3.93 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise price reported above was converted from the Canadian exercise price of C$5.00 using an exchange rate of CAD $1.2718=USD $1.00.
F2 The price above was converted from the Canadian price of C$9.06 to USD using an exchange rate of CAD $1.2718=USD $1.00.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from C$9.01 to C$9.0453, 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 footnote. The weighted average price reported above was converted from the Canadian weighted average price of C$9.03 to USD using an exchange rate of CAD $1.2718=USD $1.00.
F4 These options were granted on 12/1/2017 and vested as follows: 1/3 on 12/1/2018; 1/3 on 12/1/2019; and 1/3 on 12/1/2020.