Dowdall Sharon 4
4 · NOVAGOLD RESOURCES INC · Filed Apr 14, 2023
Insider Transaction Report
Form 4
Dowdall Sharon
Director
Transactions
- Exercise/Conversion
Common Shares
2023-04-13$3.67/sh+96,000$352,320→ 141,519 total - Sale
Common Shares
2023-04-13$6.41/sh−39,799$255,112→ 45,519 total - Exercise/Conversion
Stock Option (right to buy)
2023-04-13−96,000→ 0 totalExercise: $3.67Exp: 2023-11-30→ Common Shares (96,000 underlying) - Tax Payment
Common Shares
2023-04-13$6.27/sh−56,201$352,380→ 85,318 total
Footnotes (4)
- [F1]The exercise price reported above was converted from the Canadian exercise price of C$4.90 using an exchange rate of CAD $1.3359=USD $1.00.
- [F2]The price above was converted from the Canadian price of C$8.37 to USD using an exchange rate of CAD $1.3359=USD $1.00.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from C$8.48 to C$8.60, 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. The weighted average price reported above was converted from the Canadian weighted average price of C$8.56 to USD using an exchange rate of CAD $1.3359=USD $1.00.
- [F4]These options were granted on 12/1/2018 and vested as follows: 1/3 on 12/1/2019; 1/3 on 12/1/2020; and 1/3 on 12/1/2021.