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NOVAGOLD RESOURCES INC — Director's Dealing 2019
Aug 16, 2019
31272_dirs_2019-08-16_8b6ec3fa-8745-4c80-ac63-ad7d60d52b9c.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: 2019-08-15
Reporting Person: Ottewell David A. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-08-15 | Common Shares | M | 30000 | $3.77 | Acquired | 592265 | Direct |
| 2019-08-15 | Common Shares | F | 15960 | $7.08 | Disposed | 576305 | Direct |
| 2019-08-15 | Common Shares | S | 14040 | $7.09 | Disposed | 562265 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-08-15 | Stock Option (Right to Buy) | $3.77 | M | 30000 | Disposed | 2020-11-30 | Common Shares (30000) | Direct |
Footnotes
F1: The exercise price reported above was converted from the Canadian exercise price of C$5.02 to USD using an exchange rate of CAD$1.3325=USD$1.00.
F2: The price reported in Column 4 is a weighted average price. These shares were withheld in multiple transactions ranging from C$9.43 to C$9.45, 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$9.44 to USD using an exchange rate of CAD$1.3325=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$9.43 to C$9.46, 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$9.44 to USD using an exchange rate of CAD$1.3325=USD$1.00.
F4: The options vested as follows: 1/3 on 12/1/2015; 1/3 on 12/1/2016; and 1/3 on 12/1/2017.