SEC Form 4 · accession 0001214659-17-000843
NOVAGOLD RESOURCES INC · NG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Deisley
Officer — Exec. VP & General Counsel
Period of report
Feb 7, 2017
Accepted (ET)
Feb 8, 2017 · 12:04 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 | Feb 7, 2017 | M | 100,000 | $3.51 | A | 810,630 | D | |
| Common SharesF2 | Feb 7, 2017 | F | 57,500 | $6.0992 | D | 753,130 | D | |
| Common SharesF2 | Feb 7, 2017 | S | 42,500 | $6.0992 | D | 710,630 | 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 | $3.51 | Feb 7, 2017 | M | 100,000 | D | Sep 4, 2012 | Sep 3, 2017 | Common Shares | 100,000 | 400,000 | D |
Explanation of responses
- F1The exercise price reported above was converted from the Canadian exercise price of $4.60 using an exchange rate of CAD$1.3117=U.S.$1.00.
- F2The sale price reported above was converted from the Canadian sale price of $8.00 to USD using an exchange rate of C$1.3117=USD $1.00.