SEC Form 4 · accession 0001214659-17-006199
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
Oct 26, 2017
Accepted (ET)
Oct 27, 2017 · 12:06 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 | Oct 26, 2017 | M | 100,000 | $3.41 | A | 1,381,746 | D | |
| Common SharesF2 | Oct 26, 2017 | F | 83,191 | $4.10 | D | 1,298,555 | D | |
| Common SharesF2 | Oct 26, 2017 | S | 6,783 | $4.10 | D | 1,291,772 | 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 | $3.41 | Oct 26, 2017 | M | 100,000 | D | Dec 5, 2012 | Dec 4, 2017 | Common Shares | 100,000 | 510,000 | D |
Explanation of responses
- F1The exercise price reported above was converted from the Canadian exercise price of C$4.38 using an exchange rate of CAD$1.2831=U.S.$1.00.
- F2The price reported in Column 4 is a weighted average price. These shares were withheld or sold, as applicable, in multiple transactions ranging from C$5.26 to C$5.27, 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. The weighted average sale price reported above was converted from the Canadian weighted average sale price of C$5.265 to USD using an exchange rate of C$1.2831=US$1.00.