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NovoCure Ltd Director's Dealing 2017

Feb 24, 2017

31949_dirs_2017-02-24_1b535237-6ee6-451b-b1e0-7ae2e9c5742d.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: 2017-02-22

Reporting Person: Ambrogi Michael J. (Chief Operating Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-02-22 Options to Buy Ordinary Shares $7.15 A 234000 Acquired 2027-02-22 Ordinary Shares (234000) Direct
2017-02-22 Restricted Stock Unit $ A 93600 Acquired Ordinary Shares (93600) Direct

Footnotes

F1: Options to buy 234,000 ordinary shares will vest and become exercisable in equal installments on each of February 22, 2018, 2019, 2020 and 2021, subject to Mr. Ambrogi's continued employment through such dates.

F2: Each restricted stock unit represents the right to receive, at settlement, one (1) ordinary share.

F3: One-third of these restricted stock units are scheduled to vest on each of February 22, 2018, February 22, 2019, and February 22, 2020, subject to Mr. Ambrogi's continued employment through such dates.