SEC Form 4 · accession 0001214659-15-008174
NOVAGOLD RESOURCES INC · NG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory A. Lang
Officer — President and CEO · Director
Period of report
Dec 1, 2015
Accepted (ET)
Dec 3, 2015 · 12:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001173420
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Dec 1, 2015 | A | 301,600 | $0.00 | A | 2,134,773 | D | |
| Common SharesF2 | Dec 1, 2015 | F | 498,503 | $5.02 | D | 1,636,270 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The January 7, 2014 grant totaling 754,000 Performance Share Units (PSUs), which were subject to performance criteria set by the board of directors of the Issuer, was previously voluntarily reported on Form 4. On December 1, 2015, the performance criteria were deemed to have been met with respect to the grant at 140% of the original grant amount, increasing the award to 1,055,600 common shares.
- F2Expressed in Canadian dollars.