NOVAGOLD RESOURCES INC — Director's Dealing 2023

Nov 30, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVAGOLD RESOURCES INC (NG)
CIK: 0001173420
Period of Report: 2023-11-28

Reporting Person: Lang Gregory A. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-28	Common Shares	M	269000	$3.67	Acquired	278635	Direct
2023-11-28	Common Shares	F	246193	$4.01	Disposed	32442	Direct
2023-11-28	Common Shares	S	10868	$4.071	Disposed	21574	Direct
2023-11-28	Common Shares	J	11939	$0.00	Disposed	9635	Direct
2023-11-28	Common Shares	J	11939	$0.00	Acquired	1529041	Indirect
2023-11-29	Common Shares	M	350000	$3.67	Acquired	359635	Direct
2023-11-29	Common Shares	F	303665	$4.23	Disposed	55970	Direct
2023-11-29	Common Shares	S	46335	$4.21	Disposed	9635	Direct
2023-11-30	Common Shares	M	350000	$3.67	Acquired	359635	Direct
2023-11-30	Common Shares	F	307481	$4.1775	Disposed	52154	Direct
2023-11-30	Common Shares	S	42519	$4.16	Disposed	9635	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-28	Stock Option (right to buy)	$3.67	M	269000	Disposed	2023-11-30	Common Shares (269000)	Direct
2023-11-29	Stock Option (right to buy)	$3.67	M	350000	Disposed	2023-11-30	Common Shares (350000)	Direct
2023-11-30	Stock Option (right to buy)	$3.67	M	350000	Disposed	2023-11-30	Common Shares (350000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	445000	Indirect

Footnotes

F1: 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.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.21 to $4.225, 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 Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.16 to $4.175, 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 Form 4.

F4: The options were granted on 12/1/2018 and vested as follows: 1/3 on 12/1/2019; 1/3 on 12/1/2020; and 1/3 on 12/1/2021.