SEC Form 4 · accession 0001214659-19-002110
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
Mar 13, 2019
Accepted (ET)
Mar 14, 2019 · 11:24 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 | Mar 13, 2019 | M | 50,000 | $2.39 | A | 608,540 | D | |
| Common SharesF2 | Mar 13, 2019 | F | 27,414 | $4.35 | D | 581,126 | D | |
| Common SharesF2 | Mar 13, 2019 | S | 22,586 | $4.35 | D | 558,540 | 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 | $2.39 | Mar 13, 2019 | M | 50,000 | D | — | Nov 30, 2019 | Common Shares | 50,000 | 150,000 | D |
Explanation of responses
- F1The exercise price reported above was converted from the Canadian exercise price of C$3.18 using an exchange rate of CAD$1.3326=US$1.00.
- F2The price reported in Column 4 was converted from the Canadian price of C$5.80 to USD using an exchange rate of C$1.3326=US$1.00.
- F3The options vested as follows: 1/3 on 12/1/14; 1/3 on 12/1/15; and 1/3 on 12/1/16.