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NOVAGOLD RESOURCES INC — Director's Dealing 2021
Nov 23, 2021
31272_dirs_2021-11-23_f69b0eaa-f636-444c-9c3f-cae5d0cbb13f.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: 2021-11-22
Reporting Person: Lang Gregory A. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-22 | Common Shares | M | 100000 | $4.58 | Acquired | 105511 | Direct |
| 2021-11-22 | Common Shares | F | 60617 | $7.56 | Disposed | 44894 | Direct |
| 2021-11-22 | Common Shares | S | 37329 | $7.55 | Disposed | 7565 | Direct |
| 2021-11-22 | Common Shares | J | 2054 | $0.00 | Disposed | 5511 | Direct |
| 2021-11-22 | Common Shares | J | 2054 | $0.00 | Acquired | 1985117 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-22 | Stock Option (Right to Buy) | $4.58 | M | 100000 | Disposed | 2021-11-30 | Common Shares (100000) | 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 $7.53 to $7.58, 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 is a weighted average price. These shares were sold in multiple transactions ranging from $7.525 to $7.58, 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: These shares were transferred to a trust for the benefit of the reporting person's family. The reporting person is the trustee and sole primary beneficiary of the family trust.
F4: The reporting person is the trustee and sole primary beneficiary of the family trust.
F5: These options were granted on December 1, 2016 and vested as follows: 1/3 on 12/1/2016; 1/3 on 12/1/2017; and 1/3 on 12/1/2018.