0001214659-23-015957.txt : 20231204
0001214659-23-015957.hdr.sgml : 20231204
20231204140329
ACCESSION NUMBER: 0001214659-23-015957
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231201
FILED AS OF DATE: 20231204
DATE AS OF CHANGE: 20231204
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lang Gregory A.
CENTRAL INDEX KEY: 0001562640
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31913
FILM NUMBER: 231462271
MAIL ADDRESS:
STREET 1: C/O TRILOGY METALS INC.
STREET 2: 1950 - 777 DUNSMUIR STREET
CITY: VANCOUVER
STATE: A1
ZIP: V7Y 1K4
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: A6
FISCAL YEAR END: 1130
BUSINESS ADDRESS:
STREET 1: 201 SOUTH MAIN
STREET 2: SUITE 400
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84111
BUSINESS PHONE: 801-449-9328
MAIL ADDRESS:
STREET 1: 201 SOUTH MAIN
STREET 2: SUITE 400
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84111
4
1
marketforms-63662.xml
PRIMARY DOCUMENT
X0508
4
2023-12-01
0001173420
NOVAGOLD RESOURCES INC
NG
0001562640
Lang Gregory A.
C/O NOVAGOLD RESOURCES INC.
201 SOUTH MAIN STREET, SUITE 400
SALT LAKE CITY
UT
84111
true
true
false
false
President and CEO
0
Stock Option (right to buy)
4.20
2023-12-01
4
A
false
863900
0
A
2028-11-30
Common Shares
863900
863900
D
Performance Share Units ("PSUs")
0
2023-12-01
5
A
false
E
374400
0
A
Common Shares
374400
374400
D
Performance Share Units ("PSUs")
0
2023-12-01
4
M
false
147400
0
D
Common Shares
147400
0
D
The options vest as follows: 1/3 on 12/1/2024; 1/3 on 12/1/2025; and 1/3 on 12/1/2026.
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, 2026. 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.
The December 1, 2020 grant totaling 147,400 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, 2020. On December 1, 2023, the minimum threshold performance criteria was deemed not to have been met resulting in the grant being forfeited with 0% vesting.
/s/ Tricia Pannier as attorney-in-fact for Gregory A. Lang
2023-12-04