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NovoCure Ltd Director's Dealing 2022

Mar 8, 2022

31949_dirs_2022-03-07_7cdee8a3-4c50-464e-9e8c-3e526f8d942b.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: 2022-03-03

Reporting Person: GROENHUYSEN WILHELMUS CM (Chief Operating Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-03-03 Ordinary Shares A 21921 Acquired 171895 Direct
2022-03-03 Ordinary Shares S 1301 $74.498 Disposed 170594 Direct
2022-03-04 Ordinary Shares S 2569 $70.407 Disposed 168025 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-03-03 Options to Buy Ordinary Shares $80.59 A 38390 Acquired 2032-02-29 Ordinary Shares (38390.0) Direct
2022-03-03 Options to Buy Ordinary Shares $80.59 A 7664 Acquired 2032-02-29 Ordinary Shares (7664.0) Direct

Footnotes

F1: Represents restricted share units that are scheduled to vest in equal installments on each of March 1, 2023, 2024 and 2025, subject to the reporting person's continued employment through such dates.

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: Options to buy 38,390 ordinary shares will vest and become exercisable in equal installments on each of March 1, 2023, 2024, 2025 and 2026, subject to the reporting person's continued employment through such dates.

F4: Options to buy 7,664 ordinary shares will vest and become exercisable in equal installments on each of March 1, 2023 and 2024, subject to the reporting person's continued employment through such dates.