SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934Filed by the Registrant [X]
(Amendment No. )
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
|[X]||Definitive Additional Materials|
[ ]||Soliciting Material under Rule 14a-12|
(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 computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.|
|(1)||Title of each class of securities to which transaction applies:
|(2)||Aggregate number of securities to which transaction applies:
|(3)||Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
|(4)||Proposed maximum aggregate value of transaction:|
|(5)||Total fee paid:|
||Fee paid previously with preliminary materials.|
||Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and
identify the filing for which the offsetting fee was paid previously.
Identify the previous filing by registration statement number, or the
Form or Schedule and the date of its filing.|
|(1)||Amount Previously Paid:|
|(2)||Form, Schedule or Registration Statement No.:|
Valley View Road
Eden Prairie, MN 55344-3617
NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
The Annual Meeting of Shareholders of NVE Corporation will be held via Webcast
and telephone on Thursday, August 6, 2020 at 3:30 p.m. Central Daylight Time,
for the following purposes:
||Elect five directors.
||Advisory approval of named
executive officer compensation.
||Ratify the selection of
Boulay PLLP as our independent registered public accounting firm for the fiscal
year ending March 31, 2021.
||Consider and act on such
other business as may properly come before the meeting or any adjournment or postponements
of the meeting.
These items of business are more fully described in the proxy statement. The Board
of Directors recommends a vote FOR each of the Director nominees, and FOR
Proposals 2 and 3. Only shareholders of record at the close of business on the
record date of June 12, 2020 are entitled to execute proxies or to vote at
the 2020 Annual Meeting.
Our Proxy Materials include our 2020 Proxy Statement, our 2020 Letter to Shareholders,
and our Annual Report on Form 10-K for the
year ended March 31, 2020.
This Notice is being sent with paper copies of our Proxy Materials to registered
shareholders, that is those whose shares were registered directly in shareholders
names with our transfer agent as of the record date. Street-name shareholders,
those whose shares are held in the name of a bank or broker on the shareholders
behalf, are being sent a Notice of Internet Availability of Proxy Materials. Street-name
shareholders must request paper copies of our Proxy Materials.
Our 2020 Proxy Statement includes instruction on how to listen or participate
in the 2020 Annual Meeting and how to view product demonstrations.
Curt A. Reynders
Financial Officer and Secretary|
June 22, 2020