Gregory A. Lang - Jul 1, 2024 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role: President and CEO, Director
Signature: /s/ Tricia Pannier as attorney-in-fact for Gregory A. Lang
Stock symbol: NG
Transactions as of: Jul 1, 2024
Transactions value $: -$37,323
Form type: 4
Date filed: 7/2/2024, 03:47 PM
Previous filing: Jul 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NG	Common Shares	Options Exercise	$0	+44.3K	+391.48%	$0.00	55.6K	Jul 1, 2024	Direct	F1
transaction	NG	Common Shares	Tax liability	-$37.3K	-10.8K	-19.4%	$3.46	44.8K	Jul 1, 2024	Direct
holding	NG	Common Shares						1.49M	Jul 1, 2024	Family Trust
holding	NG	Common Shares						445K	Jul 1, 2024	Irrevocable Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NG	Performance Share Units ("PSUs")	Options Exercise	$0	-44.3K	-100%	$0.00^*	0	Jul 1, 2024	Common Shares	44.3K	$0.00	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The December 15, 2022 grant totaling 44,300 Performance Share Units (PSUs), which were subject to performance criteria set by the board of directors of the Issuer, was previously voluntarily reported on Form 4 on December 16, 2022. On July 1, 2024, the performance criteria were deemed to have been met with respect to the grant at 100% of the original grant amount.