Claudio Tuozzolo - 13 Sep 2021 Form 4 Insider Report for VICOR CORP (VICR)

Role
Corp. Vice President, Director
Signature
/s/Richard J. Nagel Jr. Attorney in fact for Claudio Tuozzolo
Issuer symbol
VICR
Transactions as of
13 Sep 2021
Net transactions value
-$213,444
Form type
4
Filing time
15 Sep 2021, 11:50:56 UTC
Previous filing
13 Sep 2021
Next filing
20 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VICR Common Stock Sale $139,464 -1,124 -2.3% $124.08 47,239 13 Sep 2021 Direct
transaction VICR Common Stock Options Exercise $26,388 +1,525 +3.2% $17.30* 48,764 13 Sep 2021 Direct
transaction VICR Common Stock Sale $100,368 -810 -1.7% $123.91 47,954 13 Sep 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VICR Non Qualified Stock Option Options Exercise $0 -1,525 -100% $0.000000* 0 13 Sep 2021 Common Stock 1,525 $17.30 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction involved the exercise of non-qualified stock options, the terms of which provided for the purchase of shares of common stock possessing multi-year restrictions on their sale or transfer. As such, the exercise followed the sell-to-cover process, whereby a portion of the shares acquired through the exercise were sold in the open market, with the proceeds used to fund the aggregate exercise price of the options and the income and employment taxes associated with the exercise. The balance of the shares acquired through exercise that were delivered to the reporting person are subject to holding periods through the fifth anniversary of the date of this transaction.
F2 This stock option is exercisable in full.