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NovoCure Ltd — Director's Dealing 2017
Mar 3, 2017
31949_dirs_2017-03-02_0cc15689-e444-4472-95a5-8ffc196ab751.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Novocure Ltd (NVCR)
CIK: 0001645113
Period of Report: 2017-02-28
Reporting Person: DOYLE WILLIAM F (Director, Executive Chairman, 10% Owner)
Reporting Person: WFD Ventures Fund II, L.P. (10% Owner, Director by Deputization)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-28 | Ordinary Shares | M | 686836 | $3.59 | Acquired | 19822874 | Indirect |
| 2017-02-28 | Ordinary Shares | F | 324440 | $7.60 | Disposed | 19498434 | Indirect |
| 2017-02-28 | Ordinary Shares | M | 525618 | $3.59 | Acquired | 20024052 | Indirect |
| 2017-02-28 | Ordinary Shares | F | 248285 | $7.60 | Disposed | 19775767 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-28 | Warrants | $3.59 | M | 686836 | Disposed | 2017-07-31 | Ordinary Shares (686836) | Indirect |
| 2017-02-28 | Warrants | $3.59 | M | 525618 | Disposed | 2018-07-21 | Ordinary Shares (525618) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 84699 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Warrants | $3.59 | 2017-07-31 | Ordinary Shares (6498) | 6498 | Direct |
| Warrants | $3.59 | 2018-07-21 | Ordinary Shares (3879) | 3879 | Direct |
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 disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest.
F2: Reflects 324,440 ordinary shares withheld by the issuer at the market price of $7.60 per share less an exercise price of $3.59 per share in connection with the cashless exercise of 362,396 warrants to purchase ordinary shares owned by WFD Ventures Fund II, L.P.
F3: Reflects 248,285 ordinary shares withheld by the issuer at the market price of $7.60 per share less an exercise price of $3.59 per share in connection with the cashless exercise of 277,333 warrants to purchase ordinary shares owned by WFD Ventures Fund II, L.P.
F4: The Amendment filed on Form 4/A on February 21, 2017 incorrectly reflected the total number of ordinary shares beneficially owned by WFD Ventures Fund II, L.P. WFD Ventures Fund II, L.P. beneficially owned 19,136,038 ordinary shares following the transactions reported by the aforementioned Form 4/A.
F5: The Amendment filed on Form 4/A on February 21, 2017 incorrectly reflected the total number of ordinary shares beneficially owned by William F. Doyle. William F. Doyle beneficially owned 84,699 ordinary shares following the transactions reported by the aforementioned Form 4/A.
F6: Currently exercisable as of the date hereof.