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NOVAGOLD RESOURCES INC — Director's Dealing 2019
Oct 16, 2019
31272_dirs_2019-10-16_e0b61f4c-db0b-4934-b989-eb80ea4294bc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NOVAGOLD RESOURCES INC (NG)
CIK: 0001173420
Period of Report: 2019-10-15
Reporting Person: Lang Gregory A. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-10-15 | Common Shares | M | 100000 | $2.41 | Acquired | 202744 | Direct |
| 2019-10-15 | Common Shares | F | 39019 | $6.17 | Disposed | 163725 | Direct |
| 2019-10-15 | Common Shares | S | 57782 | $6.13 | Disposed | 105943 | Direct |
| 2019-10-15 | Common Shares | J | 3199 | $0.00 | Disposed | 102744 | Direct |
| 2019-10-15 | Common Shares | J | 3199 | $0.00 | Acquired | 1565650 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-10-15 | Stock Option (Right to Buy) | $2.41 | M | 100000 | Disposed | 2019-11-30 | Common Shares (100000) | Direct |
Footnotes
F1: The price reported in Column 4 above was converted from the Canadian exercise price of C$3.18 to USD using an exchange rate of CAD$1.3211=USD$1.00.
F2: The price reported in Column 4 was converted from the Canadian price of C$8.15 using an exchange rate of CAD$1.3211=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$8.09 to C$8.15, 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 sales price reported above was converted from the Canadian weighted average sales price of C$8.10 using an exchange rate of CAD$1.3211=USD$1.00.
F4: These shares were transferred to a trust for the benefit of the reporting person's family. The reporting person is the trustee, but is not a beneficiary of the family trust.
F5: These options vested as follows: 1/3 on 12/1/2014; 1/3 on 12/1/2015; and 1/3 on 12/1/2016.