Gregory A. Lang - 01 Jul 2024 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
01 Jul 2024
Transactions value $
-$37,323
Form type
4
Filing time
02 Jul 2024, 15:47:54 UTC
Previous filing
02 Jul 2024
Next filing
04 Sep 2024
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 $0 +44.3K +391.48% $0.00 55.6K 01 Jul 2024 Direct F1
transaction NG Common Shares Tax liability -$37.3K -10.8K -19.4% $3.46 44.8K 01 Jul 2024 Direct
holding NG Common Shares 1.49M 01 Jul 2024 Family Trust
holding NG Common Shares 445K 01 Jul 2024 Irrevocable 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 Performance Share Units ("PSUs") Options Exercise $0 -44.3K -100% $0.00* 0 01 Jul 2024 Common Shares 44.3K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The December 15, 2022 grant totaling 44,300 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 16, 2022. On July 1, 2024, the performance criteria were deemed to have been met with respect to the grant at 100% of the original grant amount.