Vicor Corp Files DEF 14A with Executive Compensation Details

TL;DR

<b>Vicor Corp has filed a DEF 14A detailing executive compensation and equity award valuations from 2020-2023.</b>

AI Summary

VICOR CORP (VICR) filed a Proxy Statement (DEF 14A) with the SEC on April 29, 2024. Filing is a DEF 14A for Vicor Corp, filed on 2024-04-29. The filing details executive compensation components, including changes in fair value of equity awards. Specific periods covered for equity award valuations range from 2020-01-01 to 2023-12-31. The company is incorporated in Delaware with its fiscal year ending December 31. Vicor Corp's business address is 25 Frontage Road, Andover, MA 01810, with a phone number of (978) 470-2900.

Why It Matters

For investors and stakeholders tracking VICOR CORP, this filing contains several important signals. This filing provides transparency into how executive compensation is structured, particularly concerning equity awards and their valuation changes. Investors can use this information to assess executive incentives and potential dilution from equity compensation plans.

Risk Assessment

Risk Level: low — VICOR CORP shows low risk based on this filing. The filing is a routine DEF 14A, primarily focused on executive compensation disclosures, with no immediate financial or operational red flags.

Analyst Insight

Review the executive compensation tables and equity award details to understand potential impacts on shareholder value and executive incentives.

Key Numbers

• 2024-04-29 — Filing Date (Date of filing)
• 2020-01-01 to 2023-12-31 — Reporting Period for Equity Awards (Valuation periods for equity awards)
• 1934 Act — SEC Act (Governing act for the filing)
• 000-18277 — SEC File Number (SEC file number for Vicor Corp)

Key Players & Entities

• VICOR CORP (company) — Filer
• 25 FRONTAGE ROAD (location) — Business Address
• ANDOVER (location) — Business Address City
• MA (location) — Business Address State
• 01810 (location) — Business Address Zip
• (978) 470-2900 (phone) — Business Phone

FAQ

Industry Context

Vicor Corp operates in the electronic components industry, specifically focusing on power conversion solutions.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, requiring public companies to disclose information about executive compensation.

What Investors Should Do

1. Analyze the specific components of executive compensation disclosed in the DEF 14A.
2. Examine the valuation methodologies and changes in fair value for equity awards.
3. Compare current executive compensation practices to industry standards and historical company data.

Key Dates

• 2024-04-29: DEF 14A Filing — Disclosure of executive compensation and related matters.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard disclosure for executive compensation and proxy matters, not a direct comparison to a prior period's financial performance.

Key Financial Figures

• $200 million — ion to annual revenues of approximately $200 million. Ms. Lavie was a member of the Board of

Filing Documents

• vicr-20240429.htm (DEF 14A) — 1484KB
• img47867734_0.jpg (GRAPHIC) — 112KB
• img47867734_1.jpg (GRAPHIC) — 56KB
• img47867734_2.jpg (GRAPHIC) — 14KB
• img47867734_3.jpg (GRAPHIC) — 45KB
• img47867734_4.jpg (GRAPHIC) — 45KB
• img47867734_5.jpg (GRAPHIC) — 46KB
• img47867734_6.jpg (GRAPHIC) — 305KB
• img47867734_7.jpg (GRAPHIC) — 368KB
• img47867734_8.jpg (GRAPHIC) — 306KB
• img47867734_9.jpg (GRAPHIC) — 370KB
• 0000950170-24-049550.txt (&nbsp;) — 6427KB
• vicr-20240429.xsd (EX-101.SCH) — 22KB
• vicr-20240429_htm.xml (XML) — 462KB

From the Filing

DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) Information Required in Proxy Statement Schedule 14A Information Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 Vicor Corporation (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. April 29, 2024 Dear Stockholder: You are cordially invited to attend the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Vicor Corporation (the "Corporation"). The Annual Meeting will be held at the following date, time, and location: DATE: Friday, June 21, 2024 TIME: 9:00 a.m. Eastern Time PLACE: Offices of Foley & Lardner LLP 111 Huntington Avenue Boston, Massachusetts 02199 The attached Notice of Annual Meeting and Proxy Statement cover the formal business of the Annual Meeting and contain a discussion of the matters to be voted upon at the Annual Meeting. At the Annual Meeting, the Corporation's management also will report on the operations of the Corporation and be available to respond to appropriate questions from stockholders. We hope you will be able to attend the Annual Meeting, but in any event we would appreciate your completing, dating, signing, and returning your Proxy Card(s) as promptly as possible. If you attend the Annual Meeting and wish to vote your shares in person, you may revoke your proxy at that time. Sincerely yours, PATRIZIO VINCIARELLI Chairman of the Board, President and Chief Executive Officer VICOR CORPORATION NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON Friday, June 21, 2024 NOTICE IS HEREBY GIVEN that the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Vicor Corporation, a Delaware corporation (the "Corporation"), will be held on Friday, June 21, 2024, at 9:00 a.m., Eastern Time, at the offices of Foley & Lardner LLP, 111 Huntington Avenue, Boston, Massachusetts 02199, for the following purposes: 1. To fix the number of Directors at twelve and to elect the twelve nominees named in the attached proxy statement as Directors to hold office until the 2025 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified. 2. To consider and act upon any other matters that may be properly brought before the Annual Meeting and at any adjournments or postponements thereof. Action may be taken on the foregoing matters at the Annual Meeting on the date specified above, or on any date or dates to which, by original or later adjournment, the Annual Meeting may be adjourned or to which the Annual Meeting may be postponed. The Board of Directors has fixed the close of business on April 26, 2024, as the record date for determining the stockholders entitled to receive notice of and to vote at the Annual Meeting and any adjournments or postponements thereof. Only stockholders of record at the close of business on April 26, 2024 will be entitled to receive notice of and to vote at the Annual Meeting and any adjournments or postponements thereof. You are requested to authorize a proxy to vote your shares by completing, dating, and signing the enclosed Proxy Card(s), which is being solicited by the Board of Directors, and by mailing it promptly in the enclosed postage-prepaid envelope. Any proxy may be revoked by delivering a written revocation to the Corporation's Secretary stating that the proxy is revoked or by delivery of a properly executed, later dated proxy. Stockholders of record who attend the Annual Meeting may vote in person by notifying our Corporate Secretary, even if they have previously delivered a signed Proxy Card. By Order of the Board of Directors James F. Schmidt Corporate Secretary Andover, Massachusetts April 29, 2024 Whether or not you plan to attend the Annual Meeting, please complete, sign, date, and promptly return the enclosed Proxy Card(s) in the enclosed postage-prepaid envelope as soon as possible. If you attend the Annual Meeting, you may vote your shares in person if you wish, even if you have previously returned your Proxy Card. VICOR CORPORATION 25 FRONTAGE ROAD ANDOVER, MASSACHUSETTS 01810 TELEPHONE (978) 470-2900 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS TO BE H ELD ON Friday, June 21, 2024 April 29, 2024 This Proxy Statement is

View Full Filing

View this DEF 14A filing on SEC EDGAR