Kalidas V. Madhavpeddi - Nov 8, 2022 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role
Director
Signature
/s/ Tricia Pannier as attorney-in-fact for Kalidas V. Madhavpeddi
Stock symbol
NG
Transactions as of
Nov 8, 2022
Transactions value $
-$112
Form type
4
Date filed
11/9/2022, 11:08 AM
Previous filing
Dec 14, 2023
Next filing
Dec 1, 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 $385 +100 +0.22% $3.85 45.8K Nov 8, 2022 Direct
transaction NG Common Shares Tax liability -$388 -78 -0.17% $4.98 45.7K Nov 8, 2022 Direct
transaction NG Common Shares Sale -$109 -22 -0.05% $4.95 45.7K Nov 8, 2022 Direct
holding NG Common Shares 55.2K Nov 8, 2022 Azteca Consulting LLC F2
holding NG Common Shares 80.4K Nov 8, 2022 Madhavpeddi Family 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 Stock Option (Right to Buy) Options Exercise $0 -100 -100% $0.00* 0 Nov 8, 2022 Common Shares 100 $3.85 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options were granted on December 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.
F2 Shares held in an account owned by Azteca Consulting LLC, of which the Reporting Person and his spouse are the members.