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