Form 4: Vicarious Surgical CFO William John Kelly Acquires Stock Options

William John Kelly, CFO and Treasurer of Vicarious Surgical Inc., acquired stock options exercisable for 12,162 shares of Class A Common Stock on June 17, 2024.

Summary

• On June 17, 2024, William John Kelly, the CFO and Treasurer of Vicarious Surgical Inc., acquired stock options.
• These options allow him to purchase 12,162 shares of Class A Common Stock at an exercise price of $6.86 per share.
• The options vest in equal monthly installments over 48 months, starting June 17, 2024, contingent upon Mr. Kelly's continued service.
• Following the transaction, Mr. Kelly directly owns derivative securities for 12,162 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard executive compensation practice, aligning management interests with shareholders.

Positives

• The acquisition of stock options by the CFO aligns his interests with those of the shareholders, incentivizing him to work towards the company's success.

Industry Context

This is a standard practice for companies to grant stock options to executives as part of their compensation packages. It is common in the technology and surgical robotics industries to incentivize key employees.

Comparison to Industry Standards

• Stock option grants are a common component of executive compensation packages in the surgical robotics industry.
• Companies like Intuitive Surgical and Stryker also utilize stock options to align executive incentives with shareholder value.
• The vesting schedule of 48 months is fairly standard for these types of grants.

Stakeholder Impact

• Shareholders may view this as a positive sign, as it aligns the CFO's interests with the company's long-term success.
• Employees may see this as a standard compensation practice for executives.

Key Dates