AI assistant
NovoCure Ltd — Director's Dealing 2016
May 10, 2016
31949_dirs_2016-05-10_e07a238c-b409-4c09-bb18-5fa2f5bb3fc2.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Novocure Ltd (NVCR)
CIK: 0001645113
Period of Report: 2016-05-06
Reporting Person: DOYLE WILLIAM F (Director, 10% Owner)
Reporting Person: WFD Ventures Fund II, L.P. (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-06 | Ordinary Shares | M | 8349 | $3.59 | Acquired | 87080 | Direct |
| 2016-05-06 | Ordinary Shares | F | 2381 | $12.59 | Disposed | 84699 | Direct |
| 2016-05-06 | Ordinary Shares | M | 845091 | $3.59 | Acquired | 21619678 | Indirect |
| 2016-05-06 | Ordinary Shares | F | 240976 | $12.59 | Disposed | 21378702 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-06 | Warrant | $3.59 | M | 8349 | Disposed | 2016-05-08 | Ordinary Shares (8349) | Direct |
| 2016-05-06 | Warrant | $3.59 | M | 845091 | Disposed | 2016-05-08 | Ordinary Shares (845091) | Indirect |
Footnotes
F1: Mr. Doyle is a managing director of WFD Ventures LLC, the sole member of WFD-GP II, LLC, which is the general partner of WFD Ventures Fund II, L.P. Mr. Doyle possesses sole voting and investment power over shares owned by WFD Ventures Fund II, L.P. (subject to certain rights of the advisory board of WFD Ventures Fund II, L.P. to approve sales of any of the shares owned by WFD Ventures Fund II, L.P.).
F2: Reflects 2,381 shares withheld by the issuer at the market price of $12.59 per share less an exercise price of $3.59 per share to fund the cashless exercise of 8,349 warrants to purchase ordinary shares owned by Mr. Doyle.
F3: Reflects 240,976 shares withheld by the issuer at the market price of $12.59 per share less an exercise price of $3.59 per share to fund the cashless exercise of 845,091 warrants to purchase ordinary shares indirectly owned by Mr. Doyle.
F4: Exercisable at any time through May 8, 2016.
F5: Includes 78,731 shares previously owned by Mr. Doyle.