Accession Number: | 0001214659-21-012347 |
Date: | 2021-11-24 |
Issuer: | NOVAGOLD RESOURCES INC (NG) |
Original Submission Date: |
LANG GREGORY A.
C/O NOVAGOLD RESOURCES INC.
201 SOUTH MAIN STREET, SUITE 400
SALT LAKE CITY, UT 84111
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON SHARES | 2021-11-24 | M | 50,000 | a | $4.58 | 55,511 | direct | ||
COMMON SHARES | 2021-11-24 | F | 31,179 | d | $7.34 | 24,332 | direct | ||
COMMON SHARES | 2021-11-24 | S | 18,821 | d | $7.32 | 5,511 | direct | ||
COMMON SHARES | 2021-11-24 | 0 | $0.00 | 1,985,117 | indirect | f3 |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
STOCK OPTION (RIGHT TO BUY) | 4.58 | 2021-11-24 | deemed execution date | M | 50,000 (d) | 2021-11-30 | common shares 50,000 | $4.58 | 86,800 | direct |
ID | footnote |
---|---|
f1 | the price reported in column 4 above is a weighted average price. these shares were withheld in multiple transactions at prices ranging from $7.31 to $7.38, 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 withheld at each separate price within the ranges set forth in this footnote. |
f2 | the price reported in column 4 above is a weighted average price. these shares were sold in multiple transactions at prices ranging from $7.27 to $7.38, 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 footnote. |
f3 | the reporting person is the trustee and sole primary beneficiary of the family trust. |
f4 | these options were granted on december 1, 2016 and vested as follows: 1/3 on 12/1/2016; 1/3 on 12/1/2017; and 1/3 on 12/1/2018. |