NOVAGOLD RESOURCES INC — Director's Dealing 2016

Jul 15, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVAGOLD RESOURCES INC (NG)
CIK: 0001173420
Period of Report: 2016-07-13

Reporting Person: Leathley Gillyeard J. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-13	Common Shares	M	29700	$3.8720	Acquired	115396	Direct
2016-07-13	Common Shares	F	16032	$7.1732	Disposed	99364	Direct
2016-07-13	Common Shares	S	13668	$7.1654	Disposed	85696	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-13	Stock Option (Right to Buy)	$3.8720	M	29700	Disposed	2020-11-30	Common Shares (29700)	Direct

Footnotes

F1: The exercise price reported above was converted from the Canadian exercise price of C$5.02 to USD using an exchange rate of C$1.2965=USD $1.00.

F2: The sale price reported above was converted from the Canadian sale price of C$9.30 to USD using an exchange rate of C$1.2965=USD $1.00.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$9.28 to C$9.305, inclusive. These Canadian sale prices were converted to USD using an exchange rate of C$1.2965=USD $1.00. 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.