secwatch.observer — SEC 8-K summary
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Issuer:     VICOR CORP (VICR)
CIK:        0000751978
Form:       8-K
Filed at:   2023-06-26T23:59:59+00:00
Accession:  0001193125-23-175225
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Vicor doubles director stock option grant to $200K; all board nominees elected at annual meeting
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- Annual stock option grant to each director for 3,769 shares at $53.07, based on revised formula of $200K (doubled from prior $100K).
- Grant recipients include CFO Schmidt, VPs Davies, McNamara, Tuozzolo; vesting 20% per year over 5 years.
- All 12 director nominees elected; say-on-pay approved with 98.8% votes in favor.
- Stockholders voted for triennial advisory vote on executive compensation, adopted by board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/751978/000119312523175225/0001193125-23-175225-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/751978/000119312523175225/d443542d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-175225

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer