NOVAGOLD director granted deferred share units
KAPLAN THOMAS SCOTT reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
KAPLAN THOMAS SCOTT reported acquisition or exercise transactions in this Form 4 filing.
NOVAGOLD RESOURCES INC director Thomas Scott Kaplan received a new equity-based award. He was granted 864.514 Deferred Share Units (DSUs), each economically equal to one NOVAGOLD common share. Following this grant, he holds 117,965.943 DSUs. The DSUs vest immediately, but the underlying common shares are only issuable after his service as a director ends and will then expire no later than 90 days after his termination date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 864.514 shares
Grant/Award
1 txn
Insider
KAPLAN THOMAS SCOTT
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 864.514 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Share Unit — 117,965.943 contracts (Direct)
Footnotes (1)
- F1. Each Deferred Share Unit ("DSU") is the economic equivalent of one of the Issuer's common shares. The DSUs vested immediately upon issuance; however, 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 the Issuer. The grants will expire no later than 90 days after the reporting person's termination date.
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