SEC Form 4 · accession 0001214659-18-006640
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
Oct 23, 2018
Accepted (ET)
Oct 24, 2018 · 11:25 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 | Oct 23, 2018 | M | 136,948 | $2.21 | A | 833,422 | D | |
| Common SharesF2 | Oct 23, 2018 | F | 70,920 | $4.28 | D | 762,502 | D | |
| Common SharesF2 | Oct 23, 2018 | S | 66,028 | $4.28 | D | 696,474 | 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 | $2.21 | Oct 23, 2018 | M | 136,948 | D | — | Jan 6, 2019 | Common Shares | 136,948 | 400,000 | D |
Explanation of responses
- F1The exercise price reported above was converted from the Canadian exercise price of C$2.90 using an exchange rate of CAD $1.3098=USD $1.00.
- F2The price reported in Column 4 was converted from the Canadian price of C$5.60 to USD using an exchange rate of CAD $1.3098=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.