FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 04/30/2020 |
3. Issuer Name and Ticker or Trading Symbol
NovoCure Ltd [ NVCR ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Ordinary Shares | 2,773 | D | |
Restricted Share Units | 2,834(1) | D | |
Restricted Share Units | 4,205(2) | D | |
Restricted Share Units | 14,415(3) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Options to Buy Ordinary Shares | (4) | 02/24/2026 | Ordinary Shares | 8,750 | $11.46 | D | |
Options to Buy Ordinary Shares | (5) | 02/21/2027 | Ordinary Shares | 13,000 | $7.15 | D | |
Options to Buy Ordinary Shares | (6) | 03/21/2029 | Ordinary Shares | 7,784 | $47.04 | D | |
Options to Buy Ordinary Shares | (7) | 05/07/2029 | Ordinary Shares | 7,691 | $47.56 | D | |
Options to Buy Ordinary Shares | (8) | 03/02/2030 | Ordinary Shares | 27,794 | $69.37 | D |
Explanation of Responses: |
1. One-half of these restricted share units are scheduled to vest on each of 3/5/2021 and 3/5/2022, subject to the reporting person's continued employment through such dates. |
2. One-third of these restricted stock units are scheduled to vest on each of 5/8/2020, 5/8/2021 and 5/8/2022, subject to the reporting person's continued employment through such dates. |
3. One-third of these restricted stock units are scheduled to vest on each of 3/3/2021, 3/3/2022 and 3/3/2023, subject to the reporting person's continued employment through such dates. |
4. Fully vested as of the date hereof. |
5. One-half of these options vested or is scheduled to vest on each of 2/22/2020 and 2/22/2021, subject to the reporting person's continued employment through such dates. |
6. One-quarter of these options vested or is scheduled to vest on each of 3/5/2020, 3/5/2021, 3/5/22 and 3/5/2023, subject to the reporting person's continued employment through such dates. |
7. One-quarter of these options vested or is scheduled to vest on each of 5/8/2020, 5/8/2021, 5/8/22 and 5/8/2023, subject to the reporting person's continued employment through such dates. |
8. One-quarter of these options vested or is scheduled to vest on each of 3/3/2021, 3/3/2022, 3/3/23 and 3/3/2024, subject to the reporting person's continued employment through such dates. |
Remarks: |
By: /s/ Steven Robbins, Attorney in Fact for Uri Weinberg | 05/07/2020 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |