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NovoCure Ltd — Director's Dealing 2020
Mar 10, 2020
31949_dirs_2020-03-10_2b00223f-a7f7-4dca-933c-6762eaa9a555.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: 2020-03-06
Reporting Person: Shah Pritesh (Chief Commercial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-06 | Restricted Share Units | S | 2906 | $69.534 | Disposed | 86438 | Direct |
| 2020-03-06 | Ordinary Shares | M | 17500 | $7.48 | Acquired | 103938 | Direct |
| 2020-03-06 | Restricted Share Units | S | 3245 | $64.27 | Disposed | 100693 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-06 | Options to Buy Ordinary Shares | $7.48 | M | 17500 | Disposed | 2024-02-25 | Ordinary Shares (17500.0) | Direct |
Footnotes
F1: Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the Restricted Stock Units vested on March 5, 2020. This sale is mandated by the issuer's award agreement under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F2: Transaction was made pursuant to a Rule 10b-5-1 trading plan adopted by Mr. Shah.
F3: Fully vested as of the date hereof.