| 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)
| 2. Date of Event Requiring Statement (Month/Day/Year) 09/01/2020 | 3. Issuer Name and Ticker or Trading Symbol NovoCure Ltd [ NVCR ] | |||||||||||||
| 4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 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 | 59,811 | D | |
| Restricted Share Units | 1,465(1) | D | |
| Restricted Share Units | 733(2) | D | |
| Restricted Share Units | 5,314(3) | D | |
| Restricted Share Units | 3,001(4) | D | |
| Restricted Share Units | 5,405(5) | D | |
| Restricted Share Units | 5,904(6) | 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 | (7) | 02/23/2025 | Ordinary Shares | 14,784 | 14.37 | D | |
| Options to Buy Ordinary Shares | (7) | 02/24/2026 | Ordinary Shares | 15,000 | 11.46 | D | |
| Options to Buy Ordinary Shares | (8) | 02/21/2027 | Ordinary Shares | 19,500 | 7.15 | D | |
| Options to Buy Ordinary Shares | (9) | 02/26/2028 | Ordinary Shares | 32,103 | 21.15 | D | |
| Options to Buy Ordinary Shares | (10) | 07/30/2028 | Ordinary Shares | 16,148 | 34 | D | |
| Options to Buy Ordinary Shares | (11) | 03/21/2029 | Ordinary Shares | 14,595 | 47.04 | D | |
| Options to Buy Ordinary Shares | (12) | 07/30/2029 | Ordinary Shares | 7,809 | 83.3 | D | |
| Options to Buy Ordinary Shares | (13) | 03/02/2030 | Ordinary Shares | 10,422 | 69.37 | D | |
| Options to Buy Ordinary Shares | (14) | 08/31/2030 | Ordinary Shares | 11,336 | 84.68 | D | |
| Explanation of Responses: |
| 1. Represents restricted share units that are scheduled to vest on February 27, 2021, subject to the reporting person's continued employment through such date. |
| 2. Represents restricted share units that are scheduled to vest on July 31, 2021, subject to the reporting person's continued employment through such date. |
| 3. Represents restricted share units that are scheduled to vest in equal installments on each of March 22, 2021 and 2022, subject to the reporting person's continued employment through such dates. |
| 4. Represents restricted share units that are scheduled to vest in equal installments on each of July 30, 2021 and 2022, subject to the reporting person's continued employment through such dates. |
| 5. Represents restricted share units that are scheduled to vest in equal installments on each of March 3, 2021, 2022 and 2023, subject to the reporting person's continued employment through such dates. |
| 6. Represents restricted share units that are scheduled to vest in equal installments on each of September 1, 2021, 2022 and 2023, subject to the reporting person's continued employment through such dates. |
| 7. Currently exercisable. |
| 8. Options to buy 19,500 ordinary shares, 13,000 shares of which are currently exercisable and the remainder vest on February 22, 2021. |
| 9. Options to buy 32,103 ordinary shares, 16,052 shares of which are currently exercisable and the remaining 16,061 shares of which will vest and become exercisable in equal installments on each of February 27, 2021 and 2022, subject to the reporting person's continued employment through such dates. |
| 10. Options to buy 16,148 ordinary shares, 8,074 shares of which are currently exercisable and the remaining 8,074 shares of which will vest and become exercisable in equal installments on each of July 31, 2021 and 2022, subject to the reporting person's continued employment through such dates. |
| 11. Options to buy 14,595 ordinary shares, 3,649 shares of which are currently exercisable and the remaining 10,946 shares will vest and become exercisable in equal installments on each of March 22, 2021, 2022 and 2023, subject to the reporting person's continued employment through such dates. |
| 12. Options to buy 7,809 ordinary shares, 1,953 shares of which are currently exercisable and the remaining 5,856 shares of which will vest and become exercisable in equal installments on each of July 30, 2021, 2022 and 2023, subject to the reporting person's continued employment through such dates. |
| 13. Options to buy 10, 422 ordinary shares will vest and become exercisable in equal installments on each of March 3, 2021, 2022, 2023 and 2024, subject to the reporting person's continued employment through such dates. |
| 14. Options to buy 11,336 ordinary shares will vest and become exercisable in equal installments on each of September 1, 2021, 2022, 2023 and 2024, subject to the reporting person's continued employment through such dates. |
| Remarks: |
| By: /s/ Steven Robbins, Attorney in Fact for Frank X. Leonard | 09/10/2020 | |
| ** 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. | ||
