VICOR CORP — Director's Dealing 2013

Jun 20, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VICOR CORP (vicr)
CIK: 0000751978
Period of Report: 2013-06-17

Reporting Person: McNamara Michael (VP, BBU Quality & Tech. Ops.)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-06-17	Non Qualified Stock Option	$13.73	D	25000	Disposed	2020-08-27	Common Stock (25000)	Direct
2013-06-17	Non Qualified Stock option	$6.29	A	5000	Acquired	2023-06-17	Common Stock (5000)	Direct
2013-06-17	Non Qualified Stock Option	$7.34	A	5000	Acquired	2023-06-17	Common Stock (5000)	Direct
2013-06-17	Non Qualified Stock Option	$8.38	A	5000	Acquired	2023-06-17	Common Stock (5000)	Direct
2013-06-17	Non Qualified Stock Option	$9.43	A	5000	Acquired	2023-06-17	Common Stock (5000)	Direct
2013-06-17	Non Qualified Stock Option	$10.48	A	5000	Acquired	2023-06-17	Common Stock (5000)	Direct

Footnotes

F1: Granted 8/27/2010 under the Company's Amended and Restated 2000 Stock Option and Incentive Plan and vest when certain defined performance milestones for the Company's Brick Business Unit are achieved.

F2: On 6/17/2013, the issuer canceled, pursuant to the issuer's option exchange offer, options granted to the reporting person. In exchange the reporting person received replacement options, having exercise prices ranging from $6.29 to $10.48 per share.

F3: The replacement options for the Brick Business Unit performance options are broken into 5 price increments pursuant to the offer to exchange. The 1st 5th vests on the 1st anniversary date, the 2nd 5th on the 2nd anniversary date, the 3rd 5th on the 3rd anniversary date, the 4th 5th on the fourth anniversary date, and the last 5th on the 5th anniversary date from the new options issue.