Vicor (VICR) vice president sells 730 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vicor Corp corporate vice president Claudio Tuozzolo exercised stock options and sold shares in a routine, same-day transaction. He exercised options covering 730 shares of common stock at $33.96 per share and sold 730 shares in an open-market trade at $292.89 per share. After these moves, he directly holds 13,240 shares of common stock and 26,183 non-qualified stock options. The options were granted under the company’s Amended and Restated 2000 Stock Option and Incentive Plan and vest over five years, with each vested tranche expiring two years after its vest date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 730 shares ($213,810)
Net Sell
3 txns
Insider
Tuozzolo Claudio
Role
Corp. Vice President
Sold
730 shs ($214K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non Qualified Stock Option | 730 | $0.00 | -- |
| Exercise | Common Stock | 730 | $33.96 | $25K |
| Sale | Common Stock | 730 | $292.89 | $214K |
Holdings After Transaction:
Non Qualified Stock Option — 26,183 shares (Direct, null);
Common Stock — 13,970 shares (Direct, null)
Footnotes (1)
- Granted under the Companys Amended and Restated 2000 Stock Option and Incentive Plan on May 3, 2024 and vest over a five year period. Options expire two years from each vest date.
Key Figures
Shares sold: 730 shares
Sale price: $292.89/share
Option exercise price: $33.96/share
+5 more
8 metrics
Shares sold
730 shares
Open-market sale of common stock
Sale price
$292.89/share
Price for 730 common shares sold
Option exercise price
$33.96/share
Exercise price for 730 options into common stock
Shares held after
13,240 shares
Direct common stock ownership after transactions
Options remaining
26,183 options
Non-qualified stock options outstanding after exercise
Net share change
-730 shares
Net shares sold per transaction summary
Grant date
May 3, 2024
Option grant under 2000 Stock Option and Incentive Plan
Vesting period
5 years
Options vest over five-year period
Key Terms
Non Qualified Stock Option, open-market sale, derivative exercise/conversion, Amended and Restated 2000 Stock Option and Incentive Plan, +2 more
6 terms
Non Qualified Stock Option financial
"security_title: "Non Qualified Stock Option""
open-market sale financial
"transaction_action: "open-market sale""
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 exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
Amended and Restated 2000 Stock Option and Incentive Plan financial
"Granted under the Companys Amended and Restated 2000 Stock Option and Incentive Plan"
vest over a five year period financial
"and vest over a five year period."
Options expire two years from each vest date financial
"Options expire two years from each vest date."
FAQ
What insider transaction did Vicor (VICR) executive Claudio Tuozzolo report?
Claudio Tuozzolo reported a same-day option exercise and share sale. He exercised options for 730 Vicor common shares and sold 730 shares in an open-market transaction, reflecting an exercise-and-sell pattern rather than a pure open-market purchase.
At what price did Claudio Tuozzolo exercise his Vicor (VICR) stock options?
He exercised non-qualified stock options for 730 Vicor common shares at an exercise price of $33.96 per share. These options were granted under the company’s Amended and Restated 2000 Stock Option and Incentive Plan and vest over a five-year schedule.
What are Claudio Tuozzolo’s Vicor (VICR) holdings after this Form 4 transaction?
Following the reported transactions, he directly holds 13,240 Vicor common shares. In addition, the Form 4 shows 26,183 non-qualified stock options remaining, providing further potential equity exposure if those options vest and are later exercised.
What plan governs the Vicor (VICR) options exercised by the executive?
The exercised options were granted under Vicor’s Amended and Restated 2000 Stock Option and Incentive Plan. According to the disclosure, they were granted on May 3, 2024, vest over five years, and each vested tranche expires two years after its respective vest date.
Does the Vicor (VICR) Form 4 indicate remaining stock options for the executive?
Yes. After exercising 730 options, the Form 4 shows 26,183 non-qualified stock options still outstanding. These options relate to Vicor common stock and are subject to the vesting schedule and expiration terms specified in the company’s stock option and incentive plan.