NOVAGOLD RESOURCES INC — Director's Dealing 2017

Oct 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVAGOLD RESOURCES INC (NG)
CIK: 0001173420
Period of Report: 2017-10-26

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-10-26	Common Shares	M	100000	$3.41	Acquired	1381746	Direct
2017-10-26	Common Shares	F	83191	$4.10	Disposed	1298555	Direct
2017-10-26	Common Shares	S	6783	$4.10	Disposed	1291772	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-10-26	Stock Option (Right to Buy)	$3.41	M	100000	Disposed	2017-12-04	Common Shares (100000)	Direct

Footnotes

F1: The exercise price reported above was converted from the Canadian exercise price of C$4.38 using an exchange rate of CAD$1.2831=U.S.$1.00.

F2: The price reported in Column 4 is a weighted average price. These shares were withheld or sold, as applicable, in multiple transactions ranging from C$5.26 to C$5.27, 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 footnote. The weighted average sale price reported above was converted from the Canadian weighted average sale price of C$5.265 to USD using an exchange rate of C$1.2831=US$1.00.