SEC Form 4 · accession 0001209191-17-060319
NovoCure Ltd · NVCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yoram Palti
Officer — Chief Technology Officer · Director
Period of report
Nov 8, 2017
Accepted (ET)
Nov 13, 2017 · 4:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001645113
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1,F2 | Nov 8, 2017 | S | 23,734 | $19.46 | D | 1,527,320 | I | Bennett Limited |
| Ordinary SharesF3,F2 | Nov 8, 2017 | S | 6,266 | $20.17 | D | 1,521,054 | I | Bennett Limited |
| Ordinary SharesF4,F2 | Nov 9, 2017 | S | 24,612 | $18.14 | D | 1,496,442 | I | Bennett Limited |
| Ordinary SharesF5,F2 | Nov 9, 2017 | S | 5,388 | $18.74 | D | 1,491,054 | I | Bennett Limited |
| Ordinary SharesF6,F2 | Nov 10, 2017 | S | 26,100 | $17.54 | D | 1,464,954 | I | Bennett Limited |
| Ordinary SharesF7,F2 | Nov 10, 2017 | S | 3,900 | $18.04 | D | 1,461,054 | I | Bennett Limited |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 8, 2017, pursuant to a Rule 10b5-1 trading plan adopted by Bennett Limited, Bennett Limited sold 23,734 shares in multiple trades at prices ranging from $19.10 to $19.975. The price reported above reflects the weighted average sale price. Bennett Limited hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- F2Professor Palti shares voting and investment power for the shares held by Bennett Limited.
- F3On November 8, 2017, pursuant to a Rule 10b5-1 trading plan adopted by Bennett Limited, Bennett Limited sold 6,266 shares in multiple trades at prices ranging from $20.00 to $20.50. The price reported above reflects the weighted average sale price. Bennett Limited hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- F4On November 9, 2017, pursuant to a Rule 10b5-1 trading plan adopted by Bennett Limited, Bennett Limited sold 24,612 shares in multiple trades at prices ranging from $17.65 to $18.625. The price reported above reflects the weighted average sale price. Bennett Limited hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- F5On November 9, 2017, pursuant to a Rule 10b5-1 trading plan adopted by Bennett Limited, Bennett Limited sold 5,388 shares in multiple trades at prices ranging from $18.65 to $19.00. The price reported above reflects the weighted average sale price. Bennett Limited hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- F6On November 10, 2017, pursuant to a Rule 10b5-1 trading plan adopted by Bennett Limited, Bennett Limited sold 26,100 shares in multiple trades at prices ranging from $17.20 to $17.95. The price reported above reflects the weighted average sale price. Bennett Limited hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- F7On November 10, 2017, pursuant to a Rule 10b5-1 trading plan adopted by Bennett Limited, Bennett Limited sold 3,900 shares in multiple trades at prices ranging from $18.00 to $18.30. The price reported above reflects the weighted average sale price. Bennett Limited hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.