MADHAVPEDDI KALIDAS V 4
4 · NOVAGOLD RESOURCES INC · Filed Nov 30, 2023
Insider Transaction Report
Form 4
MADHAVPEDDI KALIDAS V
Director
Transactions
- Exercise/Conversion
Common Shares
2023-11-30$3.67/sh+91,300$335,071→ 141,175 total - Sale
Common Shares
2023-11-30$4.17/sh−10,947$45,649→ 49,875 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-11-30−91,300→ 0 totalExercise: $3.67Exp: 2023-11-30→ Common Shares (91,300 underlying) - Tax Payment
Common Shares
2023-11-30$4.17/sh−80,353$335,072→ 60,822 total
Holdings
- 80,404(indirect: By Trust)
Common Shares
- 55,152(indirect: By LLC)
Common Shares
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.16 to $4.175, 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.
- [F2]Shares held in an account owned by Azteca Consulting LLC, of which the Reporting Person and his spouse are the members.
- [F3]These options were granted on December 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.