0001214659-16-015183.txt : 20161205
0001214659-16-015183.hdr.sgml : 20161205
20161205152945
ACCESSION NUMBER: 0001214659-16-015183
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161201
FILED AS OF DATE: 20161205
DATE AS OF CHANGE: 20161205
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NOVAGOLD RESOURCES INC
CENTRAL INDEX KEY: 0001173420
STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040]
IRS NUMBER: 000000000
STATE OF INCORPORATION: A5
FISCAL YEAR END: 1130
BUSINESS ADDRESS:
STREET 1: 789 WEST PENDER STREET
STREET 2: SUITE 720
CITY: VANCOUVER
STATE: A1
ZIP: V6C 1H2
BUSINESS PHONE: 604-669-6227
MAIL ADDRESS:
STREET 1: 789 WEST PENDER STREET
STREET 2: SUITE 720
CITY: VANCOUVER
STATE: A1
ZIP: V6C 1H2
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ottewell David A.
CENTRAL INDEX KEY: 0001515674
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31913
FILM NUMBER: 162033656
MAIL ADDRESS:
STREET 1: C/O NOVAGOLD RESOURCES INC.
STREET 2: 201 SOUTH MAIN STREET, SUITE 400
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84111
4
1
marketforms-37253.xml
PRIMARY DOCUMENT
X0306
4
2016-12-01
0001173420
NOVAGOLD RESOURCES INC
NG
0001515674
Ottewell David A.
C/O NOVAGOLD RESOURCES INC.
201 SOUTH MAIN STREET, SUITE 400
SALT LAKE CITY
UT
84111
false
true
false
false
Vice President & CFO
Common Shares
2016-12-01
4
M
false
23537
0.00
A
584598
D
Common Shares
2016-12-02
4
S
false
100809
4.5757
D
483789
D
Common Shares
4.58
2016-12-01
4
A
false
373000
0
A
2021-11-30
Common Shares
373000
373000
D
Common Shares
0
2016-12-01
4
A
false
130300
0
A
Common Shares
130300
130300
D
The December 1, 2014 grant totaling 181,050 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 1, 2016, the performance criteria were deemed to have been met with respect to the grant at 113% of the original grant amount, increasing the award to 204,587 common shares, which were issued to the reporting person on December 1, 2016.
The options vest as follows: 1/3 on 12/1/2016; 1/3 on 12/1/2017; and 1/3 on 12/1/2018.
Represents a grant of Performance Share Units ("PSUs") made pursuant to the Issuer's 2009 Performance Share Unit Plan, as amended ("PSU Plan") which are subject to performance criteria set by the board of directors of the Issuer. The PSUs may convert into common shares of the Issuer or the cash value thereof anywhere between 0% and 150% of the PSU grant amount depending upon actual performance against the performance criteria. The anticipated vesting date is December 1, 2018. The common shares underlying vested PSUs or the cash value thereof, as determined by the Issuer, will be paid to the reporting person, net of applicable tax at the option of the Issuer, as soon as practicable following the vesting date. The reporting person shall not have any voting or dispositive rights with respect to the underlying common shares of the PSUs until the performance criteria has been met and, at the option of the Issuer, the underlying common shares have been issued to the reporting person.
/s/ Tricia Pannier as attorney-in-fact for David A. Ottewell
2016-12-05