NOVAGOLD RESOURCES INC — Director's Dealing 2021

Nov 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVAGOLD RESOURCES INC (NG)
CIK: 0001173420
Period of Report: 2021-11-11

Reporting Person: Walsh Anthony P. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-11	Common Shares	M	35000	$3.98	Acquired	72210	Direct
2021-11-11	Common Shares	F	17157	$8.11	Disposed	55053	Direct
2021-11-11	Common Shares	S	17843	$8.11	Disposed	37210	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-11	Stock Option (right to buy)	$3.98	M	35000	Disposed	2022-11-30	Common Shares (35000)	Direct

Footnotes

F1: The exercise price reported above was converted from the Canadian exercise price of C$5.00 using an exchange rate of CAD $1.2577=USD $1.00.

F2: The price above was converted from the Canadian price of C$10.20 to USD using an exchange rate of CAD $1.2577=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$10.17 to C$10.2327, 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$10.20 to USD using an exchange rate of CAD $1.2577=USD $1.00.

F4: These options were granted on 12/1/2017 and vested as follows: 1/3 on 12/1/2018; 1/3 on 12/1/2019; and 1/3 on 12/1/2020.