NovoCure director receives new share and option grants
NovoCure Ltd director Gabriel Leung received new equity awards as part of compensation.
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Rhea-AI Filing Summary
NovoCure Ltd director Gabriel Leung received new equity awards as part of compensation. He was granted 11,610 Ordinary Shares in the form of restricted stock units at no cost, increasing his direct holdings to 101,109 Ordinary Shares.
He also received stock options for 16,999 Ordinary Shares at an exercise price of $16.15 per share, expiring on June 3, 2036. Both the restricted stock units and the options are scheduled to vest 100% on the earlier of the first anniversary of the June 3, 2026 grant date or the day immediately preceding NovoCure's 2027 annual general meeting of shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 16,999 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares | 11,610 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents restricted stock units that are scheduled to vest 100% on the earlier of the following dates: (i) the first anniversary of the grant date or (ii) the day immediately preceding the Company's 2027 annual general meeting of shareholders.
- F2. Options to buy ordinary shares will fully vest and become exercisable on the earlier of the following dates: (i) the first anniversary of the grant date or (ii) the day immediately preceding the Company's 2027 annual general meeting of shareholders.
Key Figures
Key Terms
restricted stock units financial
stock options financial
exercise price financial
FAQ
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What did NovoCure (NVCR) director Gabriel Leung receive in this Form 4 filing?
What are the key terms of Gabriel Leung’s NovoCure stock options?
When do Gabriel Leung’s NovoCure restricted stock units and options vest?
What type of securities are covered in Gabriel Leung’s NovoCure Form 4?
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