NOVAGOLD RESOURCES INC — Director's Dealing 2020

Apr 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVAGOLD RESOURCES INC (NG)
CIK: 0001173420
Period of Report: 2020-04-16

Reporting Person: Ottewell David A. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-16	Common Shares	M	50000	$3.85	Acquired	666954	Direct
2020-04-16	Common Shares	F	15475	$12.44	Disposed	651479	Direct
2020-04-16	Common Shares	S	34525	$12.44	Disposed	616954	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-16	Common Shares	$3.85	M	50000	Disposed	2022-11-30	Common Shares (50000)	Direct

Footnotes

F1: The price reported in Column 4 above is a weighted average price. These shares were withheld in multiple transactions at prices ranging from $12.43 to $12.45, 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.

F2: The price reported in Column 4 above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.43 to $12.45, 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 sold at each separate price within the ranges set forth in this footnote.

F3: The options were granted on 12/1/2017 and vest as follows: 1/3 on 12/1/2018; 1/3 on 12/1/2019; 1/3 on 12/1/2020.