NOVAGOLD RESOURCES INC — Director's Dealing 2017

Dec 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVAGOLD RESOURCES INC (NG)
CIK: 0001173420
Period of Report: 2017-12-04

Reporting Person: Lang Gregory A. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-04	Common Shares	M	110000	$3.45	Acquired	1431127	Direct
2017-12-04	Common Shares	F	98528	$3.85	Disposed	1332599	Direct
2017-12-04	Common Shares	S	5778	$3.84	Disposed	1326821	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-04	Stock Option (Right to Buy)	$3.45	M	110000	Disposed	2017-12-04	Common Shares (110000)	Direct

Footnotes

F1: The exercise price reported above was converted from the Canadian exercise price of $4.38 using an exchange rate of CAD$1.2695=U.S.$1.00.

F2: The price reported in Column 4 above was converted from the Canadian price of C$4.89 to USD using an exchange rate of C$1.2695=US$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$4.88 to C$4.885, inclusive. 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 Form 4. The Canadian weighted average price of C$4.88 was converted to USD using an exchange rate of C$1.2695=US$1.00.