NOVAGOLD RESOURCES INC 4
4 · NOVAGOLD RESOURCES INC · Filed Jul 15, 2016
Insider Transaction Report
Form 4
Leathley Gillyeard J.
Director
Transactions
- Sale
Common Shares
2016-07-13$7.17/sh−13,668$97,937→ 85,696 total - Tax Payment
Common Shares
2016-07-13$7.17/sh−16,032$115,001→ 99,364 total - Exercise/Conversion
Stock Option (Right to Buy)
2016-07-13−29,700→ 80,000 totalExercise: $3.87From: 2015-12-01Exp: 2020-11-30→ Common Shares (29,700 underlying) - Exercise/Conversion
Common Shares
2016-07-13$3.87/sh+29,700$114,998→ 115,396 total
Footnotes (3)
- [F1]The exercise price reported above was converted from the Canadian exercise price of C$5.02 to USD using an exchange rate of C$1.2965=USD $1.00.
- [F2]The sale price reported above was converted from the Canadian sale price of C$9.30 to USD using an exchange rate of C$1.2965=USD $1.00.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$9.28 to C$9.305, inclusive. These Canadian sale prices were converted to USD using an exchange rate of C$1.2965=USD $1.00. 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.