VICOR CORP — Director's Dealing 2020

Jun 9, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VICOR CORP (vicr)
CIK: 0000751978
Period of Report: 2020-06-05

Reporting Person: Gusinov Alex (Corp. Vice President Eng.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-05	Common Stock	M	3660	$17.3038	Acquired	22609	Direct
2020-06-05	Common Stock	S	2089	$69	Disposed	20520	Direct
2020-06-05	Common Stock	M	916	$12.1913	Acquired	21436	Direct
2020-06-05	Common Stock	S	483	$69	Acquired	20593	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-05	Non Qualified Stock Option	$17.3038	M	3660	Disposed	2023-09-13	Common Stock (3660)	Direct
2020-06-05	Non Qualified Stock Option	$12.1913	M	916	Disposed	2024-07-21	Common Stock (916)	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: The remaining 2,442 stock options vest on 9/13/2020 and 9/13/2021.

F3: The remaining 1,372 stock options vest on 7/21/2020, 7/21/2021 and 7/21/2022.