Leonard Frank X - Aug 2, 2021 Form 4 Insider Report for NovoCure Ltd (NVCR)

Signature
By: /s/ Kimberly Burke, Attorney in Fact for Frank X. Leonard
Stock symbol
NVCR
Transactions as of
Aug 2, 2021
Transactions value $
-$155,520
Form type
4
Date filed
8/4/2021, 05:20 PM
Previous filing
Jul 8, 2021
Next filing
Sep 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVCR Ordinary Shares Sale -$107K -713 -0.79% $149.38 89.5K Aug 2, 2021 Direct F1
transaction NVCR Ordinary Shares Sale -$49K -328 -0.37% $149.43 89.2K Aug 3, 2021 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 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.