Leonard Frank X - Mar 1, 2024 Form 4 Insider Report for NovoCure Ltd (NVCR)

Signature
Steven Robbins, as attorney in fact for Leonard, Frank X.
Stock symbol
NVCR
Transactions as of
Mar 1, 2024
Transactions value $
-$40,358
Form type
4
Date filed
3/5/2024, 04:08 PM
Previous filing
Feb 29, 2024
Next filing
Aug 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVCR Ordinary Shares Sale -$26.9K -1.68K -1.03% $16.03 161K Mar 1, 2024 Direct F1
transaction NVCR Ordinary Shares Sale -$13.4K -840 -0.52% $16.01 160K Mar 4, 2024 Direct F1
* 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.