NOVAGOLD RESOURCES INC — Director's Dealing 2016

Feb 8, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVAGOLD RESOURCES INC (NG)
CIK: 0001173420
Period of Report: 2016-02-08

Reporting Person: Deisley David (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-08	Common Shares	M	195900	$3.18	Acquired	1002648	Direct
2016-02-08	Common Shares	F	98105	$6.35	Disposed	904543	Direct
2016-02-08	Common Shares	S	97795	$6.35	Disposed	806748	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-08	Stock Option (Right to Buy)	$3.18	M	195900	Disposed	2019-11-30	Common Shares (195900)	Direct

Footnotes

F1: Expressed in Canadian dollars.

F2: Includes 200,000 vested stock options and 197,950 stock options that will not vest until 12/01/2016.