VICOR CORP — Director's Dealing 2020

Sep 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VICOR CORP (vicr)
CIK: 0000751978
Period of Report: 2020-09-15

Reporting Person: Tuozzolo Claudio (Director, Corp. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-15	Common Stock	M	4000	$8.062	Acquired	56912	Direct
2020-09-15	Common Stock	S	2030	$82.7623	Disposed	54882	Direct
2020-09-15	Common Stock	M	5000	$8.05	Acquired	59882	Direct
2020-09-15	Common Stock	S	5000	$82.7623	Disposed	54882	Direct
2020-09-15	Common Stock	S	1124	$82.7623	Disposed	53758	Direct
2020-09-16	Common Stock	M	1212	$8.05	Acquired	54970	Direct
2020-09-16	Common Stock	S	1212	$83.4399	Disposed	53758	Direct
2020-09-16	Common Stock	M	6103	$17.3038	Acquired	59861	Direct
2020-09-16	Common Stock	S	3468	$83.4204	Disposed	56393	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-15	Non Qualified Stock Option	$8.062	M	4000	Disposed	2024-04-14	Common Stock (4000)	Direct
2020-09-15	Non Qualified Stock Option	$8.05	M	5000	Disposed	2024-06-20	Common Stock (5000)	Direct
2020-09-16	Non Qualified Stock Option	$8.05	M	1212	Disposed	2024-06-20	Common Stock (1212)	Direct
2020-09-16	Non Qualified Stock Option	$17.3038	M	6103	Disposed	2023-09-13	Common Stock (6103)	Direct

Footnotes

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.

F3: The remaining 1,525 stock options vest on 9/13/2021.