Yes.
Gate A is used as an inverter. Its input is on pin 2 and its output is on pin 3. So pin 3 goes low when the input signal on pin 2 goes high.
Yes, negative relative to the 0V rail. More negative than 0V. (BTW that's "zero volts", 0V, not "O V".)
Part-way through the high pulse on pin 3...