Madden Martin J. - Aug 5, 2021 Form 4 Insider Report for NovoCure Ltd (NVCR)

Role: Director
Signature: By: /s/ Steven Robbins, Attorney in Fact for Martin J. Madden
Stock symbol: NVCR
Transactions as of: Aug 5, 2021
Transactions value $: -$5,206
Form type: 4
Date filed: 8/6/2021, 04:44 PM
Previous filing: Jun 11, 2021
Next filing: Oct 5, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NVCR	Ordinary Shares	Sale	-$5.21K	-34	-8.13%	$153.13	384	Aug 5, 2021	Indirect	F1, F2
holding	NVCR	Restricted Stock Units						15.6K	Aug 5, 2021	Direct

* 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.
F2	Represents shares indirectly beneficially owned by Mr. Madden that are held by his child with whom he shares a residence. Mr. Madden disclaims beneficial ownership of these shares.

Content

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.

Represents shares indirectly beneficially owned by Mr. Madden that are held by his child with whom he shares a residence. Mr. Madden disclaims beneficial ownership of these shares.