Exhibit 99.1
Vicor Corporation Changes 2020 Annual Meeting of Stockholders to Virtual Format
ANDOVER, MA, June 4, 2020 (GLOBE NEWSWIRE) — Vicor Corporation (NASDAQ: VICR) today announced its 2020 Annual Meeting of Stockholders (“Annual Meeting”) will be conducted via audio webcast. In response to continued public health precautions associated with theCOVID-19 pandemic, the Annual Meeting will take place as a virtual meeting only, and neither stockholders nor guests will be able to attend the Annual Meeting in person. Vicor expects to hold future stockholder meetingsin-person, absent extenuating circumstances (including the ongoing impact ofCOVID-19).
The previously announced date and time of the Annual Meeting, Friday, June 26, 2020 at 9:00 a.m. Eastern Time, has not changed, nor has the Annual Meeting’s business agenda, which is described in the Notice of Annual Meeting and Proxy Statement, which was mailed to “Stockholders of Record,” whose shares were registered under the names of such stockholders with Computershare, Vicor’s transfer agent, as of April 30, 2020 (the “Record Date”).
Whether or not stockholders plan to attend the Annual Meeting, Vicor encourages all stockholders to vote and submit their proxies in advance of the Annual Meeting by one of the methods described in the previously filed and distributed Notice of Annual Meeting and Proxy Statement, which is available athttps://vicorcorporation.gcs-web.com/sec-filings/sec-filing/def-14a/0001193125-20-126271. Please note the proxy card included with the previously distributed proxy materials will not be updated to reflect the change from an in-person meeting to a virtual-only meeting and may continue to be used to vote shares in connection with the Annual Meeting. Stockholders who have previously voted do not need to take any further action to record their votes.
Accessing the Annual Meeting
Computershare will host the virtual Annual Meeting. To access the virtual Annual Meeting, parties should go tohttp://www.meetingcenter.io/247759552 no later than 8:45 am on June 26, 2020. A stockholder or guest will be admitted upon entering his or her name and email address, as well as the password VICR2020, on the launch page of this website. Stockholders who do not intend to vote, change a previously submitted vote, review the stockholder list, or ask questions need not register with Computershare. Similarly, guests may attend the Annual Meeting without registering with Computershare, but will not be able to ask questions. However, a stockholder who intends to vote, change a previously submitted vote, review the stockholder list, and/or ask questions at the Annual Meeting isrequired to register with Computershare and obtain a stockholder-specific control number from Computershare no later than Friday, June 19, 2020, following the procedures below.
Stockholders of Record
A Stockholder of Record may or may not hold physical share certificates, but the shares owned by such a stockholder as of the Record Date were registered with Computershare under the stockholder’s name.
If a Stockholder of Record intends to vote his or her shares, change a previously submitted vote, and/or ask questions at the Annual Meeting, he or she must register with Computershare and obtain a stockholder-specific control number from Computershare, by calling877-282-1169 between 9:00 am and 5:00 pm (Eastern), Monday through Friday, before Friday, June 19, 2020.
Beneficial Owners
A “Nominee” is a brokerage firm, bank, or other form of intermediary that holds shares, on behalf of a “Beneficial Owner”, that are registered with Computershare in the name of that Nominee. If shares are held by a Nominee, the Beneficial Owner must route all requests for stockholder information through the Nominee.
If the Beneficial Owner intends to vote, change a previously submitted vote, and/or ask questions at the Annual Meeting, he or she must register with Computershare in order to obtain a stockholder-specific control number.
Please note that a Beneficial Owner who obtains a legally valid proxy from his or her Nominee will revoke any prior instructions provided as to how to vote the shares held on his or her behalf by the Nominee at the Annual Meeting. Accordingly, if a legally valid proxy is obtained from a Nominee, the Beneficial Owner must vote at the Annual Meeting in order for his or her vote to be recorded.
