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NovoCure Ltd — Director's Dealing 2021
May 12, 2021
31949_dirs_2021-05-12_3f624912-ecc2-44e3-a0b6-ae27ad94ca2a.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: 2021-05-10
Reporting Person: Benaim Ely (Chief Medical Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-10 | Ordinary Shares | M | 1833 | $47.56 | Acquired | 35092 | Direct |
| 2021-05-10 | Ordinary Shares | S | 1833 | $189.65 | Disposed | 33259 | Direct |
| 2021-05-11 | Ordinary Shares | S | 2262 | $180.118 | Disposed | 30997 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-10 | Options to Buy Ordinary Shares | $47.56 | M | 1833 | Disposed | 2029-05-07 | Ordinary Shares (1833.0) | Direct |
Footnotes
F1: Transaction was made pursuant to a Rule 10b-5-1 trading plan adopted by Dr. Benaim.
F2: 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. 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.
F3: Fully vested as of the date hereof.