Cordova Ashley - Mar 2, 2023 Form 4 Insider Report for NovoCure Ltd (NVCR)

Signature
Steven Robbins, as attorney in fact for Cordova, Ashley
Stock symbol
NVCR
Transactions as of
Mar 2, 2023
Transactions value $
-$79,418
Form type
4
Date filed
3/6/2023, 03:40 PM
Previous filing
Mar 2, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVCR Ordinary Shares Sale -$79.4K -1.06K -1.1% $75.28 95K Mar 2, 2023 Direct F1
transaction NVCR Ordinary Shares Award $0 +11.8K +12.43% $0.00 107K Mar 3, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Represents vesting of performance-based restricted stock units.