SEC Form 4 · accession 0001214659-17-007159
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
Dec 1, 2017
Accepted (ET)
Dec 5, 2017 · 12:15 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 | Dec 1, 2017 | M | 100,000 | $3.44 | A | 815,062 | D | |
| Common SharesF2 | Dec 1, 2017 | F | 88,664 | $3.88 | D | 726,398 | D | |
| Common SharesF3 | Dec 1, 2017 | S | 11,336 | $3.86 | D | 715,062 | D | |
| Common SharesF4 | Dec 4, 2017 | M | 50,000 | $3.45 | A | 765,062 | D | |
| Common SharesF5 | Dec 4, 2017 | F | 44,694 | $3.86 | D | 720,368 | D | |
| Common SharesF6 | Dec 4, 2017 | S | 5,306 | $3.86 | D | 715,062 | 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 | $3.44 | Dec 1, 2017 | M | 100,000 | D | Dec 5, 2012 | Dec 4, 2017 | Common Shares | 100,000 | 50,000 | D |
| Stock Option (Right to Buy)F4 | $3.45 | Dec 4, 2017 | M | 50,000 | D | Dec 5, 2012 | Dec 4, 2017 | Common Shares | 50,000 | 0 | 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$1.2729=U.S.$1.00.
- F2The price reported in Column 4 above was converted from the Canadian price of C$4.94 to USD using an exchange rate of C$1.2729=US$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$4.91 to C$4.9161, 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 Form 4. The Canadian weighted average price of C$4.91 was converted to USD using an exchange rate of C$1.2729=US$1.00
- F4The exercise price reported above was converted from the Canadian exercise price of $4.38 using an exchange rate of CAD$1.2695=U.S.$1.00.
- F5The price reported in Column 4 above was converted from the Canadian price of C$4.90 to USD using an exchange rate of C$1.2695=US$1.00.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$4.89 to C$4.90, 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 Form 4. The Canadian weighted average price of C$4.90 was converted to USD using an exchange rate of C$1.2695=US$1.00.