SEC Form 4 · accession 0001214659-17-004548
NOVAGOLD RESOURCES INC · NG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A. Ottewell
Officer — Vice President & CFO
Period of report
Jul 21, 2017
Accepted (ET)
Jul 25, 2017 · 1:32 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 | Jul 21, 2017 | M | 300,000 | $3.98 | A | 788,540 | D | |
| Common SharesF2 | Jul 21, 2017 | F | 256,776 | $4.65 | D | 531,764 | D | |
| Common SharesF2 | Jul 21, 2017 | S | 43,224 | $4.65 | D | 488,540 | 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 | $3.98 | Jul 21, 2017 | M | 300,000 | D | Sep 10, 2012 | Sep 9, 2017 | Common Shares | 300,000 | 0 | D |
Explanation of responses
- F1The exercise price reported above was converted from the Canadian exercise price of $4.99 using an exchange rate of CAD$1.2549=U.S.$1.00.
- F2The sale price reported above was converted from the Canadian sale price of $5.83 to USD using an exchange rate of C$1.2549=USD $1.00.