SEC Form 4 · accession 0001214659-16-012681
NOVAGOLD RESOURCES INC · NG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gillyeard J. Leathley
Director
Period of report
Jul 13, 2016
Accepted (ET)
Jul 15, 2016 · 11:45 am 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 | Jul 13, 2016 | M | 29,700 | $3.872 | A | 115,396 | D | |
| Common SharesF2 | Jul 13, 2016 | F | 16,032 | $7.1732 | D | 99,364 | D | |
| Common SharesF3 | Jul 13, 2016 | S | 13,668 | $7.1654 | D | 85,696 | D |
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 | $3.872 | Jul 13, 2016 | M | 29,700 | D | Dec 1, 2015 | Nov 30, 2020 | Common Shares | 29,700 | 80,000 | D |
Explanation of responses
- F1The exercise price reported above was converted from the Canadian exercise price of C$5.02 to USD using an exchange rate of C$1.2965=USD $1.00.
- F2The sale price reported above was converted from the Canadian sale price of C$9.30 to USD using an exchange rate of C$1.2965=USD $1.00.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$9.28 to C$9.305, inclusive. These Canadian sale prices were converted to USD using an exchange rate of C$1.2965=USD $1.00. 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.