NovaGold director granted 432 deferred share units
KYLE HUME D. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
KYLE HUME D. reported acquisition or exercise transactions in this Form 4 filing.
NOVAGOLD RESOURCES INC director Kyle Hume D. received a grant of 432 Deferred Share Units (DSUs), recorded as common shares at a price of $0.00 per share. This grant increases his directly held common shares and equivalents to 24,184. Each DSU is economically equivalent to one common share but the underlying shares are not issued, and he will have no voting or dispositive rights over them until his service as a director ends. For non-U.S. participants, DSUs expire on December 31 of the year after termination, while for U.S. participants they expire 90 days after termination.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 432 | $0.00 | $0.00 |
Footnotes (1)
- F1. Grant of Deferred Share Units (DSUs). Each DSU is the economic equivalent of one share of the Issuer's common stock. The underlying common shares will not be issued to the reporting person, and the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares, until termination of the reporting person's employment or services as a director of NOVAGOLD RESOURCES INC. Grants to non-U.S. Eligible Participants will expire on December 31 of the year following the reporting person's termination date; grants to U.S. Eligible Participants will expire 90 days following the reporting person's termination date.
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What insider transaction did NOVAGOLD (NG) report for Kyle Hume D.?
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