SEC Form 4 · accession 0001214659-16-010788
NOVAGOLD RESOURCES INC · NG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rick Van Nieuwenhuyse
Director
Period of report
Apr 7, 2016
Accepted (ET)
Apr 8, 2016 · 12:57 pm EDT
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 | Apr 7, 2016 | M | 159,050 | $2.90 | A | 608,650 | D | |
| Common SharesF1 | Apr 7, 2016 | F | 63,620 | $7.25 | D | 545,030 | D | |
| Common SharesF1,F2 | Apr 7, 2016 | S | 95,430 | $7.24 | D | 449,600 | D | |
| Common Shares | holding | — | — | — | 86,690 | I | Segregated IRA | |
| Common Shares | holding | — | — | — | 182,938 | I | IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $2.90 | Apr 7, 2016 | M | 159,050 | D | Jan 7, 2014 | Jan 6, 2019 | Common Shares | 159,050 | 0 | D |
Explanation of responses
- F1Expressed in Canadian Dollars.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$7.19 to C$7.295, 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.