Form 4: Vicor Corp Director Acquires Stock Options

Claudio Tuozzolo, a director and Corp. Vice President at Vicor Corp, acquired 43,189 non-qualified stock options on May 3, 2024.

Summary

• Claudio Tuozzolo, a director and Corp. Vice President at Vicor Corp, filed a Form 4.
• On May 3, 2024, Tuozzolo acquired 43,189 non-qualified stock options with an exercise price of $33.96.
• These options were granted under the company's Amended and Restated 2000 Stock Option and Incentive Plan and vest over a five-year period.
• The options expire two years from each vesting date.
• Tuozzolo directly owns 40,821 shares of Vicor Corp common stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine disclosure of stock option grants.

Positives

• The grant of stock options to a director aligns their interests with those of the shareholders.

Industry Context

Stock option grants are a common form of executive compensation in the technology industry, used to incentivize performance and retain key personnel.

Comparison to Industry Standards

• Stock option grants are a standard component of compensation packages for directors and executives in publicly traded companies, particularly in the technology sector.
• The vesting schedule of five years is fairly typical for stock options.
• The exercise price is set at $33.96.

Stakeholder Impact

• The stock option grant aligns the director's interests with those of shareholders, potentially incentivizing actions that increase shareholder value.

Key Dates