SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

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                                 SCHEDULE 13G/A

                  Under the Securities and Exchange Act of 1934
                               (Amendment No. 15)

                                VICOR CORPORATION
                                (Name of Issuer)

                     Common Stock, Par Value $.01 Per Share
                         (Title of Class of Securities)

                                   925815 10 2
                                 (CUSIP Number)

                                December 31, 2006
             (Date of Event Which Requires filing of this Statement)

     Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

          [ ]  Rule 13d-1 (b)

          [ ]  Rule 13d-1 (c)

          [X]  Rule 13d-1 (d)

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CUSIP No. 925815 10 2                 13G/A                    Page 2 of 6 Pages
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1.   NAME OF REPORTING PERSON
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
     Patrizio Vinciarelli

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2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                    (a) [ ]
                                                                         (b) [ ]

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3.   SEC USE ONLY

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4.   CITIZENSHIP OR PLACE OF ORGANIZATION
     United States

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               5.   SOLE VOTING POWER
                    20,711,834
  NUMBER OF    -----------------------------------------------------------------
   SHARES      6.   SHARED VOTING POWER
BENEFICIALLY        0
  OWNED BY     -----------------------------------------------------------------
    EACH       7.   SOLE DISPOSITIVE POWER
  REPORTING         20,711,834
 PERSON WITH   -----------------------------------------------------------------
               8.   SHARED DISPOSITIVE POWER
                    0
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9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     20,711,834

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10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES    [ ]

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11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     50.8%

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12.  TYPE OF REPORTING PERSON
     IN

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CUSIP No. 925815 10 2                 13G/A                    Page 3 of 6 Pages
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ITEM 1(A).   NAME OF ISSUER:

             Vicor Corporation

ITEM 1(B).   ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

             25 Frontage Road, Andover, MA 01810

ITEM 2(A).   NAME OF PERSON FILING:

             Patrizio Vinciarelli

ITEM 2(B).   ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

             Vicor Corporation, 25 Frontage Road, Andover, MA 01810

ITEM 2(C).   CITIZENSHIP:

             United States

ITEM 2(D)    TITLE OF CLASS OF SECURITIES:

             Common Stock, par value $.01 per share

ITEM 2(E)    CUSIP NUMBER:

             925815 10 2

ITEM 3.      IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B)
             OR (C), CHECK WHETHER THE PERSON FILING IS A:

             Not applicable



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CUSIP No. 925815 10 2                 13G/A                    Page 4 of 6 Pages
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ITEM 4.      OWNERSHIP.

     Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.

     (a)  Amount beneficially owned: 20,711,834

             As of December 31, 2006, Mr. Vinciarelli was the beneficial owner
             of 9,688,186 shares of Vicor Corporation Common Stock (which number
             includes 31,372 shares which Mr. Vinciarelli has the right to
             acquire upon the exercise of options to purchase Common Stock
             within 60 days of December 31, 2006). Additionally, he owned
             11,023,648 shares of Vicor Corporation Class B Common Stock, which
             may be converted at any time into 11,023,648 shares of Common
             Stock.

     (b)  Percent of class:

             50.8%

     (c)  Number of shares as to which such person has:

             (i)  Sole power to vote or to direct the vote: 20,711,834

             (ii) Shared power to vote or to direct the vote: 0

             (iii) Sole power to dispose or to direct the disposition of:
                  20,711,834

             (iv) Shared power to dispose or to direct the disposition of: 0

ITEM 5.      OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

             Not applicable.

ITEM 6.      OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

             Not applicable.



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CUSIP No. 925815 10 2                 13G/A                    Page 5 of 6 Pages
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ITEM 7.      IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
             THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

             Not applicable.

ITEM 8.      IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

             Not applicable.

ITEM 9.      NOTICE OF DISSOLUTION OF GROUP.

             Not applicable.

ITEM 10.     CERTIFICATION.

             Not applicable.



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CUSIP No. 925815 10 2                 13G/A                    Page 6 of 6 Pages
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                                    SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.


Dated: February 2, 2007                 /s/ Patrizio Vinciarelli
                                        ----------------------------------------
                                        Name: Patrizio Vinciarelli
                                        Title: Chairman of the Board, President
                                               and Chief Executive Officer