GRAT Holdings LLC 4
4 · NOVAGOLD RESOURCES INC · Filed Jul 3, 2023
Insider Transaction Report
Form 4
GRAT Holdings LLC
10% Owner
Transactions
- Other
Common Shares
2023-06-30$3.89/sh+286,977$1,116,341→ 5,286,977 total
Footnotes (2)
- [F1]The purpose of this Form 4 is to report (i) the transfer of 286,977 Common Shares (the "Shares") of the Issuer from Thomas S. Kaplan to GRAT Holdings LLC ("GRAT") (which is owned by trusts for the benefit of the Kaplan family) on June 30, 2023, for US $3.89 per Share, the closing price of the Shares on June 29, 2023. Thus, Mr. Kaplan's aggregate beneficial ownership of the Shares is unchanged as a result of this transaction.
- [F2]For purposes of Section 16 of the Securities Exchange Act of 1934, GRAT disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.