SEC Form 4 · accession 0001214659-18-006022
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
Sep 12, 2018
Accepted (ET)
Sep 13, 2018 · 11:57 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 | Sep 12, 2018 | M | 150,000 | $2.23 | A | 645,385 | D | |
| Common SharesF2 | Sep 12, 2018 | F | 89,691 | $3.73 | D | 555,694 | D | |
| Common SharesF2 | Sep 12, 2018 | S | 60,309 | $3.73 | D | 495,385 | 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,F3 | $2.23 | Sep 12, 2018 | M | 150,000 | D | — | Jan 6, 2019 | Common Shares | 150,000 | 427,300 | D |
Explanation of responses
- F1The exercise price reported above was converted from the Canadian exercise price of $2.90 using an exchange rate of CAD$1.3014=U.S.$1.00.
- F2The price reported above was converted from the Canadian price of C$4.85 to USD using an exchange rate of CAD$1.3014=USD$1.00.
- F3The options vested as follows: 1/3 on 1/7/2014; 1/3 on 1/7/2015; and 1/3 on 1/7/2016.