Form 4 for NG NOVAGOLD RESOURCES INC
Accepted 2023-04-14 00:00:00 ET · period of report 2023-04-13 · accession 0001214659-23-005407 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-04-14 | 2023-04-13 | NG | Dowdall Sharon | Dir | S - Sale+OE | $6.41 | -39.8K | 45.5K | -47% | -$255.1K |
| D | 2023-04-14 | 2023-04-13 | NG | Dowdall Sharon | Dir | M - OptEx | $3.67 | +96.0K | 141.5K | +211% | +$352.3K |
| D | 2023-04-14 | 2023-04-13 | NG | Dowdall Sharon | Dir | F - Tax | $6.27 | -56.2K | 85.3K | -40% | -$352.4K |
| D | 2023-04-14 | 2023-04-13 | NG | Dowdall Sharon | Dir | M - OptEx | $0.00 | -96.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2023-04-13 | S | D | 39,799 | $6.41 | 45,519 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from C$8.48 to C$8.60, 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$8.56 to USD using an exchange rate of CAD $1.3359=USD $1.00. |
| 2 | Common | Common Shares | 2023-04-13 | M | A | 96,000 | $3.67 | 141,519 | D | — | — | (F1) The exercise price reported above was converted from the Canadian exercise price of C$4.90 using an exchange rate of CAD $1.3359=USD $1.00. |
| 3 | Common | Common Shares | 2023-04-13 | F | D | 56,201 | $6.27 | 85,318 | D | — | — | (F2) The price above was converted from the Canadian price of C$8.37 to USD using an exchange rate of CAD $1.3359=USD $1.00. |
| 4 | Derivative | Stock Option (right to buy) | 2023-04-13 | M | D | 96,000 | $0.00 | 0 | D | $3.67 · — to 2023-11-30 | 96,000 Common Shares | (F1) The exercise price reported above was converted from the Canadian exercise price of C$4.90 using an exchange rate of CAD $1.3359=USD $1.00. (F4) These 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. |