Form 4: Vicarious Surgical Inc. Executive Sammy Khalifa Acquires Stock Options

Chief Technology Officer Sammy Khalifa acquired stock options in Vicarious Surgical Inc. on June 17, 2024.

Summary

• On June 17, 2024, Sammy Khalifa, Chief Technology Officer of Vicarious Surgical Inc., acquired 13,355 stock options at an exercise price of $6.86.
• The options vest in equal monthly installments over 48 months, starting June 17, 2024, contingent upon Mr. Khalifa's continued service.
• Following the transaction, Mr. Khalifa directly owns 13,355 derivative securities.

Sentiment

Score: 7

Explanation: The document indicates a standard executive compensation practice, suggesting confidence in the company's future. The sentiment is neutral to slightly positive.

Positives

• The acquisition of stock options by a key executive like the CTO can be seen as a positive sign, aligning their interests with the company's long-term success.

Industry Context

Stock option grants are a common practice in the technology and surgical robotics industry to incentivize and retain key personnel. This grant aligns with standard compensation practices.

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 a typical vesting period for such grants.

Stakeholder Impact

• The stock option grant aligns management's interests with those of shareholders, potentially driving long-term value creation.

Key Dates