SEC Form 4 · accession 0000899243-18-017140
VICOR CORP · VICR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Claudio Tuozzolo
Officer — Corp. Vice President · Director
Period of report
May 30, 2018
Accepted (ET)
Jun 19, 2018 · 2:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000751978
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 30, 2018 | A | 9,480 | — | A | 9,790 | D | |
| Common Stock | Jun 4, 2018 | M | 2,558 | $6.29 | A | 12,348 | D | |
| Common Stock | Jun 4, 2018 | S | 2,558 | $45.85 | D | 9,790 | D | |
| Common Stock | Jun 11, 2018 | M | 6,356 | $19.86 | A | 16,146 | D | |
| Common Stock | Jun 11, 2018 | S | 4,564 | $48.255 | D | 11,582 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Qualified Stock OptionF3,F2 | $19.86 | May 30, 2018 | A | 6,356 | A | — | Jun 12, 2018 | Common Stock | 6,356 | 6,356 | D |
| Non Qualified Stock OptionF3,F2 | $11.25 | May 30, 2018 | A | 67,604 | A | — | Nov 1, 2020 | Common Stock | 67,604 | 67,604 | D |
| Non Qualified Stock OptionF3,F2 | $12.57 | May 30, 2018 | A | 12,878 | A | — | Jun 18, 2022 | Common Stock | 12,878 | 12,878 | D |
| Non Qualified Stock OptionF3,F4 | $17.30 | May 30, 2018 | A | 7,628 | A | — | Sep 13, 2023 | Common Stock | 7,628 | 7,628 | D |
| Non Qualified Stock OptionF3,F5 | $8.06 | May 30, 2018 | A | 31,327 | A | — | Apr 14, 2024 | Common Stock | 31,327 | 31,327 | D |
| Non Qualified Stock OptionF3,F6 | $12.19 | May 30, 2018 | A | 6,356 | A | — | Jul 21, 2024 | Common Stock | 6,356 | 6,356 | D |
| Non Qualified Stock OptionF3,F7 | $8.06 | May 30, 2018 | A | 1,220 | A | — | Sep 10, 2024 | Common Stock | 1,220 | 1,220 | D |
| Non Qualified Stock OptionF8 | $6.29 | Jun 4, 2018 | M | 2,558 | D | — | Jun 17, 2023 | Common Stock | 2,558 | 13,137 | D |
| Non Qualified Stock OptionF2 | $19.86 | Jun 11, 2018 | M | 6,356 | D | — | Jun 12, 2018 | Common Stock | 6,356 | 0 | D |
| Non Qualified Stock OptionF9 | $47.15 | Jun 15, 2018 | A | 1,061 | A | — | Jun 15, 2028 | Common Stock | 1,061 | 1,061 | D |
Explanation of responses
- F1Received in exchange for shares of Picor Corporation common stock in connection with the merger of Picor Corporation into Vicor Corporation (the "Merger").
- F2This stock option is exercisable in full.
- F3In the Merger, each outstanding stock option was amended to provide that it will be settled in shares of Vicor Corporation common stock, and to adjust the number of shares issuable pursuant to the Merger's exchange ratio.
- F4This stock option becomes exercisable in five equal installments on 5/30/18, 9/13/18, 9/13/19, 9/13/20 and 9/13/21.
- F525,061 stock options are exercisable at 5/30/18. The remaining 6,266 stock options become exercisable on 4/14/19.
- F6This stock option becomes exercisable in five equal installments on 7/21/18, 7/21/19, 7/21/20, 7/21/21 and 7/21/22.
- F7732 stock options are exercisable at 5/30/18. The remaining 488 stock options vest in two equal installments on 9/10/18 and 9/10/19.
- F8Granted on 6/17/2013 under the Company's Amended and Restated 2000 Stock Option and Incentive Plan and vest over a five year period.
- F9Granted on 6/15/2018 under the Company's Amended and Restated 2000 Stock Option and Incentive Plan and vest over a five year period.