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NOVAGOLD RESOURCES INC Director's Dealing 2014

Dec 2, 2014

31272_dirs_2014-12-02_456fc235-3a00-46a1-9ab7-4b2d935c7f9b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVAGOLD RESOURCES INC (NG)
CIK: 0001173420
Period of Report: 2014-12-01

Reporting Person: KAPLAN THOMAS SCOTT (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-12-01 Deferred Share Unit $ A 2974.243 Acquired Common Shares (2974.243) Direct
2014-12-01 Stock Option (right to buy) $3.18 A 96400 Acquired 2019-11-30 Common Shares (96400) Direct

Footnotes

F1: Each Deferred Share Unit ("DSU") is the economic equivalent of one share of the Issuer's common stock. The DSUs vested immediately upon issuance; however, the underlying common shares will not be issued to the reporting person, and the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares, until termination of the reporting person's employment or services as a director of the Issuer. The grants will expire no later than 90 days after the reporting person's termination date.

F2: The exercise price of the options reported herein is expressed in Canadian dollars.