Vicor (VICR) awards 497 stock options to its corporate controller
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vicor Corp reported that VP-Corporate Controller Kemble D. Morrison received a grant of 497 non-qualified stock options for Vicor common stock. The options have an exercise price of $266.005 per share, were granted under the company’s Amended and Restated 2000 Stock Option and Incentive Plan, and vest over a five-year period. Following this compensation-related award, Morrison holds 497 derivative securities linked to common shares, with each option expiring two years after its respective vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morrison Kemble D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non Qualified Stock Option | 497 | $0.00 | -- |
Holdings After Transaction:
Non Qualified Stock Option — 497 shares (Direct, null)
Footnotes (1)
- Granted under the Companys Amended and Restated 2000 Stock Option and Incentive Plan on May 5, 2026 and vest over a five year period. Options expire 2 years from each date of vesting.
Key Figures
Options granted: 497 options
Exercise price: $266.005 per share
Underlying shares: 497 shares
+2 more
5 metrics
Options granted
497 options
Non-qualified stock options granted on May 5, 2026
Exercise price
$266.005 per share
Strike price for each granted option
Underlying shares
497 shares
Common stock underlying the new options
Total derivative holdings
497 options
Total options held following this grant
Vesting period
5 years
Options vest over a five-year period
Key Terms
Non Qualified Stock Option, Amended and Restated 2000 Stock Option and Incentive Plan, exercise price, vest over a five year period, +1 more
5 terms
Non Qualified Stock Option financial
"security_title: "Non Qualified Stock Option""
Amended and Restated 2000 Stock Option and Incentive Plan financial
"Granted under the Companys Amended and Restated 2000 Stock Option and Incentive Plan"
exercise price financial
"conversion_or_exercise_price: "266.0050""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest over a five year period financial
"and vest over a five year period"
derivative securities financial
"Non Qualified Stock Option listed as a derivative security"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What did Vicor (VICR) executive Kemble D. Morrison report on this Form 4?
Kemble D. Morrison reported receiving 497 non-qualified stock options as compensation. These options relate to Vicor common stock and were granted under the company’s Amended and Restated 2000 Stock Option and Incentive Plan on May 5, 2026.
How many Vicor (VICR) stock options were granted to Kemble D. Morrison?
Kemble D. Morrison was granted 497 non-qualified stock options. Each option is exercisable into one share of Vicor common stock, reflecting a relatively small, routine equity compensation award for the VP-Corporate Controller role.
What is the exercise price of Kemble D. Morrison’s new Vicor (VICR) options?
The options have an exercise price of $266.005 per share. This represents the price Morrison must pay per share to convert each option into Vicor common stock when the options become exercisable after vesting.
How do Kemble D. Morrison’s Vicor (VICR) options vest over time?
The 497 options vest over a five-year period. This means the right to exercise the options is earned gradually across five years, aligning Morrison’s compensation with longer-term company performance and continued service.
When do Kemble D. Morrison’s newly granted Vicor (VICR) options expire?
Each tranche of options expires two years from its vesting date. If Morrison does not exercise a vested option within two years after that vesting date, the right to buy the underlying Vicor share at $266.005 lapses.
How many Vicor (VICR) derivative securities does Kemble D. Morrison hold after this grant?
After this transaction, Kemble D. Morrison holds 497 derivative securities. These reflect the newly granted non-qualified stock options, all held directly, linked to an equal number of potential Vicor common shares.