Ely Benaim - 10 May 2022 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 2022
Net transactions value
-$265,646
Form type
4
Filing time
12 May 2022, 16:30:12 UTC
Previous filing
07 Mar 2022
Next filing
07 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVCR Ordinary Shares Sale $134,877 -2,070 -5.3% $65.16 36,981 10 May 2022 Direct F1, F2
transaction NVCR Ordinary Shares Sale $130,769 -2,135 -5.8% $61.25 34,846 11 May 2022 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.
F2 Amended total to correct prior mathematical error.