NovoCure General Counsel granted NVCR stock awards
NovoCure Ltd reported that its General Counsel, Ben Arye Barak, received new equity awards.
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Rhea-AI Filing Summary
NovoCure Ltd reported that its General Counsel, Ben Arye Barak, received new equity awards. He was granted stock options for 73,340 ordinary shares at an exercise price of $0.00 per share, bringing his total options reported in this line to 73,340.
He also acquired 50,125 ordinary shares in the form of restricted share units at $0.00 per share, increasing his directly held ordinary shares to 242,453. The restricted share units are scheduled to vest in three equal annual installments on the first, second and third anniversaries of the grant date, subject to his continued employment. The options are scheduled to vest in four equal annual installments on the first, second, third and fourth anniversaries of the grant date, also subject to continued employment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 73,340 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares | 50,125 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents restricted share units that are scheduled to vest in equal parts on the first, second and third anniversary of the grant date, subject to the reporting person's continued employment through such dates.
- F2. Options to buy ordinary shares that are scheduled to vest in equal parts on the first, second, third and fourth anniversary of the grant date, subject to the reporting person's continued employment through such date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NovoCure (NVCR) report for Ben Arye Barak?
How many NovoCure (NVCR) stock options were granted to the General Counsel?
What is the nature of the transactions in this NovoCure (NVCR) Form 4?
How do the vesting terms work for NovoCure (NVCR) equity awards to the General Counsel?
AI-generated analysis. How Rhea-AI works. Not financial advice.