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NovoCure Ltd Director's Dealing 2023

Mar 7, 2023

31949_dirs_2023-03-07_59cd3d4a-5160-40c4-95fc-fef69e8bccc7.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: 2023-03-03

Reporting Person: Leonard Frank X (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-03-03 Ordinary Shares S 4403.00 $76.1594 Disposed 63490.00 Direct
2023-03-03 Ordinary Shares S 888.00 $76.1594 Disposed 62602.00 Direct
2023-03-07 Ordinary Shares S 6003.00 $74.9968 Disposed 56599.00 Direct
2023-03-07 Ordinary Shares S 2315.00 $75.5937 Disposed 54284.00 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 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.

F2: On the transaction date, pursuant to a Rule 10b5-1 trading plan adopted by the reporting person, the reporting person sold 6,003 shares in multiple trades at prices ranging from $74.33 to $75.32. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Staff, the issuer for any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.

F3: On the transaction date, pursuant to a Rule 10b5-1 trading plan adopted by the reporting person, the reporting person sold 2,315 shares in multiple trades at prices ranging from $75.33 to $75.94. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Staff, the issuer for any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.