Ely Benaim - 10 May 2021 Form 4 Insider Report for NovoCure Ltd (NVCR)

Signature
By: /s/ Steven Robbins, Attorney in Fact for Ely Benaim
Issuer symbol
NVCR
Transactions as of
10 May 2021
Net transactions value
-$667,878
Form type
4
Filing time
12 May 2021, 16:15:39 UTC
Next filing
14 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVCR Ordinary Shares Options Exercise $87,177 +1,833 +5.5% $47.56 35,092 10 May 2021 Direct
transaction NVCR Ordinary Shares Sale $347,628 -1,833 -5.2% $189.65* 33,259 10 May 2021 Direct F1
transaction NVCR Ordinary Shares Sale $407,427 -2,262 -6.8% $180.12* 30,997 11 May 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NVCR Options to Buy Ordinary Shares Options Exercise $0 -1,833 -17% $0.000000 9,165 10 May 2021 Ordinary Shares 1,833 $47.56 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction was made pursuant to a Rule 10b-5-1 trading plan adopted by Dr. Benaim.
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 Fully vested as of the date hereof.