Trilogy Metals Inc. — Director's Dealing 2013

Dec 7, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NovaCopper Inc. (NCQ)
CIK: 0001543418
Period of Report: 2013-12-05

Reporting Person: Sanders Elaine (VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-05	Common Stock	M	66667	$0.0	Acquired	105632	Direct
2013-12-05	Common Stock	S	29996	$2.05	Disposed	75636	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-05	Restricted Stock Units	$	M	66667	Disposed		Common Stock (66667)	Direct

Footnotes

F1: Expressed in Canadian dollars.

F2: Each restricted stock unit represents a contingent right to receive one share of NCQ common stock. The conversion price of the underlying common shares as of the December 5, 2013 settlement date was Cdn$2.10.

F3: The restricted stock units vest in three equal installments on June 5, 2013, December 5, 2013 and December 5, 2014.