Vicor VP exercises options, sells 2,313 shares
Vicor Corp VP-Corporate Controller Kemble D. Morrison exercised stock options and sold the resulting shares.
Rhea-AI Filing Summary
Vicor Corp VP-Corporate Controller Kemble D. Morrison exercised stock options and sold the resulting shares. On Common Stock, he exercised four non-qualified stock option grants for a total of 2,313 shares at exercise prices of $33.9600, $41.6100, $50.0000, and $60.6100 per share. He then executed open-market sales totaling 2,313 shares at reported weighted average prices of $300.3078, $301.7066, $302.5150, and $303.5468 per share, leaving him with 0 shares of Vicor common stock held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 2,313 shares ($596K approx. pre-tax spread)
Exercise and Sale
12 txns
Insider
Morrison Kemble D
Role
Insider
Sold
2,313 shs ($698K)
Approx. gross sale proceeds
$698K
Approx. exercise cost
$102K
Approx. pre-tax spread
$596K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non Qualified Stock Option | 372 | $0.00 | $0.00 |
| Exercise | Non Qualified Stock Option | 523 | $0.00 | $0.00 |
| Exercise | Non Qualified Stock Option | 680 | $0.00 | $0.00 |
| Exercise | Non Qualified Stock Option | 738 | $0.00 | $0.00 |
| Exercise | Common Stock | 372 | $60.61 | $23K |
| Exercise | Common Stock | 523 | $50.00 | $26K |
| Exercise | Common Stock | 680 | $41.61 | $28K |
| Exercise | Common Stock | 738 | $33.96 | $25K |
| Sale | Common Stock | 800 | $300.3078 | $240K |
| Sale | Common Stock | 1,000 | $301.7066 | $302K |
| Sale | Common Stock | 100 | $302.515 | $30K |
| Sale | Common Stock | 413 | $303.5468 | $125K |
Holdings After Transaction:
Non Qualified Stock Option — 6,034 contracts (Direct);
Common Stock — 0 shares (Direct)
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.1300 to $300.4100.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $301.4000 to $302.1500
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $302.5150 to $302.5150.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $303.5200 to $304.1100.
Key Figures
Shares sold: 2,313 shares
Sale prices: $300.3078–$303.5468/share
Options exercised: 2,313 shares
+2 more
5 metrics
Shares sold
2,313 shares
Total common shares sold in open-market transactions
Sale prices
$300.3078–$303.5468/share
Reported weighted average prices for common stock sales
Options exercised
2,313 shares
Common shares acquired via non-qualified stock option exercises
Exercise prices
$33.9600–$60.6100/share
Strike prices for exercised non-qualified stock options
Post-transaction holdings
0 shares
Directly held Vicor common stock after reported transactions
Key Terms
Non Qualified Stock Option, weighted average price, open-market sale, derivative security
4 terms
Non Qualified Stock Option financial
"security_title: "Non Qualified Stock Option" with underlying Common Stock"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: "open-market sale" for common stock transactions"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did VICOR CORP (VICR) report for Kemble D. Morrison?
VICOR CORP reported that Kemble D. Morrison exercised non-qualified stock options for 2,313 common shares and sold 2,313 shares in open-market transactions. These trades occurred on Common Stock and left him with no directly held Vicor shares afterward.
What option exercise prices applied to Kemble D. Morrison’s VICOR CORP (VICR) stock options?
His non-qualified stock options were exercised into common shares at strike prices of $33.9600, $41.6100, $50.0000, and $60.6100 per share. Each option series converted into an equivalent number of Vicor common shares before being sold in the open market.
Were Kemble D. Morrison’s VICOR CORP (VICR) sales reported as weighted average prices?
Yes. Each sale entry lists a single weighted average price per share, with footnotes explaining that the shares were sold in multiple transactions within specified price ranges. The filing provides those ranges for additional detail on how the weighted averages were calculated.
AI-generated analysis. How Rhea-AI works. Not financial advice.
