NOVAGOLD RESOURCES INC — Director's Dealing 2018

Dec 11, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVAGOLD RESOURCES INC (NG)
CIK: 0001173420
Period of Report: 2018-12-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-10	Common Shares	M	300000	$2.17	Acquired	1813527	Direct
2018-12-10	Common Shares	F	164786	$3.95	Disposed	1648741	Direct
2018-12-10	Common Shares	S	87822	$3.93	Disposed	1560919	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-10	Stock Option (right to buy)	$2.17	M	300000	Disposed	2019-01-06	Common Shares (300000)	Direct

Footnotes

F1: The exercise price reported above was converted from the Canadian exercise price of C$2.90 using an exchange rate of CAD$1.3379=U.S.$1.00.

F2: The price reported in Column 4 is a weighted average price. These shares were withheld in multiple transactions ranging from C$5.23 to $5.33 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 withheld at each separate price within the ranges set forth in this footnote. The weighted average price reported above was converted from the Canadian weighted average price of C$5.28 to USD using an exchange rate of CAD $1.3379=USD $1.00.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from C$5.20 to $5.335, 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 price reported above was converted from the Canadian weighted average price of C$5.26 to USD using an exchange rate of CAD $1.3379=USD $1.00.

F4: The options vested as follows: 1/3 on 1/7/14; 1/3 on 1/7/15; and 1/3 on 1/7/16.