Form 4 for NVCR NovoCure Ltd
Accepted 2023-03-02 00:00:00 ET · period of report 2023-02-28 · accession 0001645113-23-000026 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-02 | 2023-02-28 | NVCR | Burke William Patrick | CHRO | A - Grant | $0.00 | +12.1K | 67.7K | +22% | $0 |
| D | 2023-03-02 | 2023-03-01 | NVCR | Burke William Patrick | CHRO | S - Sale | $76.36 | -755 | 67.0K | -1% | -$57.7K |
| D | 2023-03-02 | 2023-02-28 | NVCR | Burke William Patrick | CHRO | A - Grant | $76.97 | +20.2K | 20.2K | New | +$1.55M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary Shares | 2023-02-28 | A | A | 12,125 | $0.00 | 67,719 | D | — | — | (F1) Represents restricted share units that are scheduled to vest in equal installments on February 28, 2024, 2025 and 2026, subject to the reporting person's continued employment through such dates. |
| 2 | Common | Ordinary Shares | 2023-03-01 | S | D | 755 | $76.36 | 66,964 | D | — | — | (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. |
| 3 | Derivative | Options to Buy Ordinary Shares | 2023-02-28 | A | A | 20,168 | $76.97 | 20,168 | D | $76.97 · 2024-02-28 to 2033-02-27 | 20,168 Ordinary Shares | (F3) Options to buy 20,168 ordinary shares will vest and become exercisable in equal installments on each of February 28, 2024, 2025, 2026 and 2027, subject to the reporting person's continued employment through such dates. |