Deisley David 4
4 · NOVAGOLD RESOURCES INC · Filed Dec 10, 2018
Insider Transaction Report
Form 4
Deisley David
Exec. VP & General Counsel
Transactions
- Exercise/Conversion
Common Shares
2018-12-07$2.18/sh+275,974$601,623→ 1,047,286 total - Sale
Common Shares
2018-12-07$3.88/sh−120,750$468,510→ 771,312 total - Exercise/Conversion
Stock Option (Right to Buy)
2018-12-07−275,974→ 0 totalExercise: $2.18Exp: 2019-01-06→ Common Shares (275,974 underlying) - Tax Payment
Common Shares
2018-12-07$3.88/sh−155,224$602,269→ 892,062 total
Footnotes (4)
- [F1]The exercise price reported above was converted from the Canadian exercise price of C$2.90 using an exchange rate of CAD $1.3299=USD $1.00.
- [F2]The price reported in Column 4 is a weighted average price. These shares were withheld in multiple transactions at prices ranging from C$5.12 to $5.20, 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 Form 4. The price was converted from the Canadian weighted average price of C$5.16 to US dollars using an exchange rate of CAD $1.3299=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$5.12 to $5.20, 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 Form 4. The price was converted from the Canadian weighted average price of C$5.16 to US dollars using an exchange rate of CAD $1.3299=USD $1.00.
- [F4]The options vested as follows: 1/3 on 1/7/2014; 1/3 on 1/7/2015; and 1/3 on 1/7/2016.