SEC Form 4 · accession 0001209191-19-003550
NovoCure Ltd · NVCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J. Ambrogi
Officer — Chief Operating Officer
Period of report
Jan 10, 2019
Accepted (ET)
Jan 14, 2019 · 4:34 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 | Jan 10, 2019 | M | 54,930 | $14.37 | A | 201,488 | D | |
| Ordinary SharesF2 | Jan 10, 2019 | S | 20,880 | $40.469 | D | 180,608 | D | |
| Ordinary SharesF3 | Jan 10, 2019 | S | 34,050 | $41.14 | D | 146,558 | 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 | $14.37 | Jan 10, 2019 | M | 54,930 | D | — | Feb 23, 2025 | Ordinary Shares | 54,930 | 37,391 | D |
Explanation of responses
- F1These shares were acquired pursuant to a Rule 10b5-1 trading plan adopted by Mr. Ambrogi.
- F2On January 10, 2019, pursuant to a Rule 10b5-1 trading plan adopted by Mr. Ambrogi, Mr. Ambrogi sold 20,880 shares in multiple trades at prices ranging from $40.00 to $40.99. The price reported above reflects the weighted average sale price. Mr. Ambrogi 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.
- F3On January 10, 2019, pursuant to a Rule 10b5-1 trading plan adopted by Mr. Ambrogi, Mr. Ambrogi sold 34,050 shares in multiple trades at prices ranging from $41.00 to $41.45. The price reported above reflects the weighted average sale price. Mr. Ambrogi 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.
- F4Fully vested as of the date hereof.