SEC Form 4 · accession 0001214659-18-006747
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 31, 2018
Accepted (ET)
Oct 31, 2018 · 7:27 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 31, 2018 | M | 50,000 | $2.21 | A | 1,352,233 | D | |
| Common SharesF2 | Oct 31, 2018 | F | 27,053 | $4.08 | D | 1,325,180 | D | |
| Common SharesF3 | Oct 31, 2018 | S | 10,901 | $4.07 | D | 1,314,279 | 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,F4 | $2.21 | Oct 31, 2018 | M | 50,000 | D | — | Jan 6, 2019 | Common Shares | 50,000 | 1,765,150 | 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 $1.3142=USD $1.00.
- F2The price reported in column 4 above was converted from the Canadian price of C$5.36 to USD using an exchange rate of CAD $1.3142=USD $1.00.
- F3The price reported in column 4 above was converted from the Canadian price of C$5.35 to USD using an exchange rate of CAD $1.3142=USD $1.00.
- F4The options vested as follows: 1/3 on 1/7/2014, 1/3 on 1/7/2015, and 1/3 on 1/7/2016.