SEC Form 4 · accession 0001209191-19-003544
NovoCure Ltd · NVCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wilhelmus Cm Groenhuysen
Officer — Chief Financial Officer
Period of report
Jan 10, 2019
Accepted (ET)
Jan 14, 2019 · 4:30 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 | Jan 10, 2019 | A | 25 | $27.20 | A | 37,149 | D | |
| Ordinary SharesF3 | Jan 11, 2019 | M | 30,000 | $3.44 | A | 67,149 | D | |
| Ordinary SharesF3 | Jan 11, 2019 | S | 30,000 | $42.35 | D | 37,149 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Buy Ordinary SharesF4 | $3.44 | Jan 11, 2019 | M | 30,000 | D | — | Dec 13, 2021 | Ordinary Shares | 30,000 | 464,663 | D |
Explanation of responses
- F1The reporting person is voluntarily reporting the acquisition of shares of the issuer's ordinary shares pursuant to the NovoCure Limited Employee Share Purchase Plan ("ESPP"), for the ESPP purchase period of July 1, 2018 through December 31, 2018. This transaction is also exempt under Rule 16b-3(c).
- F2In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the issuer's ordinary shares on July 2, 2018.
- F3Transaction was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Groenhuysen.
- F4Options exercised were fully vested as of the date hereof.