UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
811-21556
Investment Company Act file
Perritt Funds, Inc.
(Exact name of registrant as specified in charter)
300 South Wacker Drive
Suite 2880
Chicago, IL 60606
(Address of principal executive offices) (Zip code)
Michael J. Corbett
300 South Wacker Drive
Suite 2880
Chicago, IL 60606
(Name and address of agent for service)
1-312-669-1650
Registrant's telephone number, including area code
Date of fiscal year end: 10/31/11
Date of reporting period: 7/1/2010 – 6/30/2011
Item 1. Proxy Voting Record.
PERRITT FUNDS, INC. | EMERGING | |||||||
Issuer | Symbol | CUSIP | Mtg Date | Proposal* | Proposed By** | Voted*** | For/Against | For Management**** |
American Medical Alert Corp. | AMAC | 027904101 | 8/5/2010 | 1,2.3 | M | Y | For | Y |
8 X 8 | EGHT | 282914100 | 8/31/2010 | 1,2 | M | Y | For | Y |
Ophthalmic Imaging Systems | OISI | 683737209 | 8/26/2010 | 1,2,3 | M | Y | For | Y |
Rentrak Corporation | RENT | 760174102 | 8/26/2010 | 1,2 | M | Y | For | Y |
American Software, Inc. | AMSWA | 029683109 | 8/16/2010 | 1,2,3 | M | Y | For | Y |
Navarre Corporation | NAVR | 639208107 | 9/15/2010 | 1,3 | M | Y | For | Y |
Friedman Industries, Inc. | FRD | 358435105 | 9/2/2010 | 1 | M | Y | For | Y |
Iteris, Inc. | ITI | 46564t107 | 9/17/2010 | 1,2 | M | Y | For | Y |
PC Mall, Inc. | MALL | 69323K100 | 9/20/2010 | 1,2 | M | Y | For | Y |
Advansource Biomaterials Corp. | ASB | 00767T109 | 8/14/2010 | 1,2 | M | Y | For | Y |
Gasco Energy, Inc. | GSX | 367220100 | 9/15/2010 | 1,2,7,12 | M | Y | For | Y |
Perma-Fix Environmental Services, Inc. | PESI | 714157104 | 9/29/2010 | 1,2,3 | M | Y | For | Y |
Gasco Energy, Inc. | GSX | 367220100 | 9/15/2010 | 1,2,7,12 | M | Y | For | Y |
Frequency Electronics, Inc. | FEIM | 358010106 | 10/6/2010 | 1,2 | M | Y | For | Y |
Freeseas Inc. | FREE | Y26496102 | 9/30/2010 | 1,2,12,52b | M | Y | For | Y |
Perritt Emerging Opportunites Fund | PREOX | 714402104 | 9/30/2010 | 1,5 | M | TD | For | Y |
Schmitt Industries, Inc. | SMIT | 806870200 | 10/8/2010 | 1 | M | Y | For | Y |
Trinity Biotech PLC | TRIB | 896438306 | 9/30/2010 | 4b | M | Y | For | Y |
Univeral Power Group, Inc. | UPG | 913788105 | 10/7/2010 | 1,2,3 | M | Y | For | Y |
Micronetics, Inc. | NOIZ | 595125105 | 10/21/2010 | 1,2,46 | M | Y | For | Y |
Concurrent Computer Corporation | CCUR | 206710402 | 10/26/2010 | 1,2 | M | Y | For | Y |
Tandy Braands Accessiories, Inc. | TBAC | 875378101 | 10/26/2010 | 1,2 | M | Y | For | Y |
John B. Sanfilippo & Son, Inc. | JBSS | 800422107 | 11/3/2010 | 1,2 | M | Y | For | Y |
Magnetek, Inc. | MAG | 559424106 | 11/10/2010 | 1,2,3 | M | Y | For | Y |
Magnum Hunter Resources Corporation | MHR | 55973B102 | 10/27/2010 | 1,2,3,4a,8,12 | M | Y | For | Y |
Sparton Corporation | SPA | 847235108 | 10/27/2010 | 1,2,10b,12, | M | Y | For | Y |
BOFI Holding, Inc. | BOFI | 05566U108 | 10/21/2010 | 1,2 | M | Y | For | Y |
Allied Healthcare Products, Inc. | AHPI | 019222108 | 11/11/2010 | 1 | M | Y | For | Y |
Perceptron, Inc. | PRCP | 71361F100 | 11/16/2010 | 1,2 | M | Y | For | Y |
Globecomm Systems, Inc. | GCOM | 37956X103 | 11/18/2010 | 1,2 | M | Y | For | Y |
Versar, Inc. | VSR | 925297103 | 11/17/2010 | 1,2,3 | M | Y | For | Y |
Baldwin Technology Company | BLD | 058264102 | 11/16/2010 | 1 | M | Y | For | Y |
Emerson Radio Corp. | MSN | 291087203 | 11/10/2010 | 1,2 | M | Y | For | Y |
Flexsteel Industries, Inc. | FLXS | 339382103 | 12/6/2010 | 1,12 | M | Y | For | Y |
Espey Mfg. & Electronics Corp. | ESP | 296650104 | 11/19/2010 | 1,2 | M | Y | For | Y |
Magellan Petroleum Corporation | MPET | 559091301 | 12/8/2010 | 1,2,3,4a,8 | M | Y | For | Y |
Widepoint Corporation | WYY | 967590100 | 12/8/2010 | 1,2,46 | M | Y | For | Y |
Napco Security Technologies, Inc. | NSSC | 630402105 | 12/7/2010 | 1,2 | M | Y | For | Y |
KMG Chemicals, Inc. | KMGB | 482564101 | 12/7/2010 | 1,2 | M | Y | For | Y |
1-800-Flowers | FLWS | 68243Q106 | 12/2/2010 | 1,2 | M | Y | For | Y |
ARI Network Services, Inc. | ARIS | 001930205 | 12/16/2010 | 1,2,3, | M | Y | For | Y |
Turbosonic Technologies, Inc. | TSTA | 900010109 | 12/9/2010 | 1,2 | M | Y | For | Y |
Synergetics USA, Inc. | SURG | 87160G107 | 12/16/2010 | 1,2 | M | Y | For | Y |
PHC, Inc. | PHC | 693315103 | 12/6/2010 | 1,2,3,4a | M | Y | For | Y |
GP Strategies Corporation | GPX | 36225V104 | 12/15/2010 | 1,2,46 | M | Y | For | Y |
IA Global, Inc. | IAGI | 44920E203 | 12/17/2010 | 1,2,3 | M | Y | For | Y |
HQ Sustainable Maritime Ind. Inc. | HQS | 40426A208 | 12/14/2010 | 1,2,3 | M | Y | For | Y |
Vista Gold Corp. | VGZ | 927926303 | 12/15/2010 | 7 | M | Y | For | Y |
Flexible Solutions International, Inc. | FSI | 33938T104 | 12/29/2010 | 1,2,3 | M | Y | For | Y |
G.Willi-Food International Ltd. | WILC | M52523103 | 12/27/2010 | 1,2 | M | Y | For | Y |
Far East Energy Corporation | FEEC | 307325100 | 1/12/2011 | 1,2,3 | M | Y | For | Y |
Northern Technologies International Corp. | NTIC | 665809109 | 1/20/2011 | 1,2,3 | M | Y | For | Y |
On Track Innovations Ltd. | OTIV | M8791A109 | 12/24/2010 | 2,10a | M | Y | For | Y |
Far East Energy Corporation | FEEC | 307325100 | 1/12/2011 | 1,2,3 | M | Y | For | Y |
Hennessyk Advisors, Inc. | HNNA | 425885100 | 1/18/2011 | 1,2 | M | Y | For | Y |
FSII International, Inc. | FSII | 302633102 | 1/19/2011 | 1,2,3,4a | M | Y | For | Y |
Flexible Solutions International, Inc. | FSI | 33938T104 | 12/31/2010 | 1,2,3 | M | Y | For | Y |
Motorcar Parts of America, Inc. | MPAA | 620071100 | 1/14/2011 | 1,2,3 | M | Y | For | Y |
RF Monolithics, Inc. | RFMI | 74955F106 | 1/19/2011 | 1,2 | M | Y | For | Y |
Golden Odyssey Mng. Inc. | GODYF | 38113R1047 | 1/20/2011 | 1,2,3 | M | Y | For | Y |
Seanergy Maritime Holdings Corp. | SHIP | Y73760103 | 1/4/2011 | 1,52b | M | Y | For | Y |
Amtech Systems, Inc. | ASYS | 032332504 | 1/20/2011 | 1,2 | M | Y | For | Y |
Fortune Industries, Inc. | FFI | 34963X200 | 2/21/2011 | 1,2,10b | M | Y | For | Y |
Isoray, Inc. | ISR | 46489V104 | 2/24/2011 | 1,2,10b | M | Y | For | Y |
Advantage Technologies Group, Inc. | AEY | 006743306 | 3/2/2011 | 1,2,10b | M | Y | For | Y |
Williams Controls, Inc. | WMCO | 969465608 | 2/22/2011 | 1,10b | M | Y | For | Y |
LRAD Corporation | LRAD | 50213V109 | 3/24/2011 | 1,2 | M | Y | For | Y |
Spectrum Control, Inc. | SPEC | 847615101 | 4/4/2011 | 1,2,3,10b | M | Y | For | Y |
Versant Corporation | VSNT | 925284309 | 4/18/2011 | 1,2,3,4a | M | Y | For | Y |
Socket Mobile, Inc. | SCKT | 83368E200 | 4/27/2011 | 1,2 | M | Y | For | Y |
Virtus Investment Partners, Inc. | VRTS | 92828Q109 | 4/28/2011 | 1,2,10b | M | Y | For | Y |
Full House Resorts, Inc. | FLL | 359678109 | 4/26/20111 | 1,2,3,4a | M | Y | For | Y |
CE Franklin LTD. | CFK | 125151100 | 4/25/2011 | 1,2 | M | Y | For | Y |
Wells-Gardmer Electronics Corporation | WGA | 949765101 | 5/10/2011 | 1,2 | M | Y | For | Y |
Dot Hill Systems Corp. | HILL | 25848T109 | 5/2/2011 | 1,2,3,4a,10b | M | Y | For | Y |
Allied Motion Technologies Inc. | AMOT | 019330109 | 5/12/2011 | 1,2 | M | Y | For | Y |
A. T. CROSS Company | ATX | 227478104 | 4/28/2011 | 1,3,19b | M | Y | For | Y |
Alamo Group Inc. | ALG | 011311107 | 5/5/2011 | 1,2,10b | M | Y | For | Y |
Vista Gold Corp. | VGZ | 927926303 | 5/4/2011 | 1,2,10b,10b1 | M | Y | For | Y |
Aerocentury Corp. | ACY | 0072737109 | 4/28/2011 | 1,2 | M | Y | For | Y |
Century Casinos, Inc. | CNTY | 156492100 | 5/12/2011 | 1,2 | M | Y | For | Y |
RELM Wireless Corporation | RWC | 759525108 | 5/25/2011 | 1,10b,10b1,13 | M | Y | For | Y |
Ballantyne Strong, Inc. | BTN | 058516105 | 5/4/2011 | 1,10b,10b1,13 | M | Y | For | Y |
Onvia, Inc. | ONVI | 68338T403 | 5/10/2011 | 1 | M | Y | For | Y |
Datalink Corporation | DTLK | 237934104 | 5/12/2011 | 1,2,3,23 | M | Y | For | Y |
Core Molding Technologies, Inc. | CMT | 218683100 | 5/11/2011 | 1,2 | M | Y | For | Y |
Bioclinica Inc. | BIOC | 09071B100 | 5/11/2011 | 1,2,53 | M | Y | For | Y |
RELM Wireless Corporation | RWC | 759525108 | 5/25/2011 | 1,10b,10b1 | M | Y | For | Y |
Cyberoptics Corporation | CYBE | 232517102 | 5/23/2011 | 1,2,3 | M | Y | For | Y |
KSW, Inc. | KSW | 48268R106 | 5/5/2011 | 1,2,46 | M | Y | For | Y |
Bank of Commerce Holdings | BOCH | 06424J103 | 5/17/2011 | 1,2,10b | M | Y | For | Y |
TOR Minerals International | TORM | 890878309 | 5/13/2011 | 1,2 | M | Y | For | Y |
Microfinancial Incorporated | MFI | 595072109 | 5/12/2011 | 1,2 | M | Y | For | Y |
Rimage Corporation | RIMG | 766721104 | 5/11/2011 | 1,3,10b,10b1 | M | Y | For | Y |
Digital Ally, Inc. | DGLY | 25382P109 | 5/24/2011 | 1,2,3 | M | Y | For | Y |
Hopfed Banccorp, Inc. | HFBC | 4397341046 | 5/18/2011 | 1,10B | M | Y | For | Y |
Carriage Services, Inc. | CSV | 143905107 | 5/17/2011 | 1,2,10b,10b1 | M | Y | For | Y |
Newtek Business Services, Inc. | NEWT | 652526104 | 5/25/2011 | 1,2,10b,10b1 | M | Y | For | Y |
Overhill Farms, Inc. | OFI | 690212105 | 5/25/2011 | 1,2 | M | Y | For | Y |
AXT, Inc. | AXTI | 00246W103 | 5/23/2011 | 1,2,10b,10b1 | M | Y | For | Y |
Hooper Holmes, Inc. | HH | 439104100 | 5/24/2011 | 1,2,10b | M | Y | For | Y |
Kraton Defense & Sec. Solutions, Inc. | KTOS | 50077B207 | 5/27/2011 | 1,2,3,10b,10b1,13 | M | Y | For | Y |
Astro-Med, Inc. | A LOT | 04638F108 | 5/17/2011 | 1 | M | Y | For | Y |
Sorl Auto Parts, Inc. | SORL | 78461U101 | 6/1/2011 | 1,2 | M | Y | For | Y |
Transcend Services, Inc. | TRCR | 893929208 | 6/1/2011 | 1,2.3.10Bb10b1 | M | Y | For | Y |
Trinity Biotech PLC | TRIB | 896438306 | 5/20/2011 | 1,2,3,10a,12,41,43,45 | M | Y | For | Y |
Universal Stainless & Alloy Prods. Inc. | USAP | 913837100 | 5/26/2011 | 1,2,10b,10b1 | M | Y | For | Y |
Manitex International Inc. | MNTX | 563420108 | 5/26/2011 | 1,2 | M | Y | For | Y |
Noah Education Holdings Ltd. | NED | 65487R303 | 5/27/2011 | 3 | M | Y | For | Y |
Pacific Premier Bancorp, Inc. | PPBI | 69478X105 | 5/25/2011 | 1,2 | M | Y | For | Y |
Adcare Health Systems, Inc. | ADK | 00650W300 | 6/3/2011 | 1,3,13 | M | Y | For | Y |
Birdner Dental Management Services Inc. | BDMS | 091283200 | 6/2/2011 | 1 | M | Y | For | Y |
Ramtron International Corporation | RMTR | 751907304 | 6/7/2011 | 1,2 | M | Y | For | Y |
U.S. Home Systems, Inc. | USHS | 90335C100 | 6/7/2011 | 1,2,46 | M | Y | For | Y |
The Management Network Group, Inc. | TMNG | 561639201 | 6/8/2011 | 1,2 | M | Y | For | Y |
The Management Network Group, Inc. | TMNG | 561639201 | 6/8/2011 | 1,2 | M | Y | For | Y |
Heelys, Inc. | HLYS | 42279M107 | 6/9/2011 | 1,2 | M | Y | For | Y |
Evolving Systems, Inc. | EVOL | 30049R209 | 6/16/2011 | 1,2,8 | M | Y | For | Y |
Hallador Energy Company | HNRG | 40609P105 | 5/25/2011 | 1,2,12 | M | Y | For | Y |
CTI Industries Corporation | CTIB | 125961300 | 6/3/2011 | 1,2,46 | M | Y | For | Y |
Innodata Isogen, Inc. | INOD | 457642205 | 6/7/2011 | 1,2,3,10b,10b1 | M | Y | For | Y |
CPI Aerostructures, Inc. | CVU | 125919308 | 6/14/2011 | 1,2 | M | Y | For | Y |
Allied Healthcare International, Inc. | AHCI | 01923A109 | 6/14/2011 | 1,2,10b,10b1 | M | Y | For | Y |
RCM Technologies, Inc. | RCMT | 749360400 | 6/16/2011 | 1,2 | M | Y | For | Y |
Addus Homecare Corporation | ADUS | 006739106 | 6/22/2011 | 1,2 | M | Y | For | Y |
Smartpros Ltd. | SPRO | 83171G103 | 6/23/2011 | 1,2 | M | Y | For | Y |
Exeter Resource Corporation | XRA | 301835104 | 6/7/2011 | 1,2,19b | M | Y | For | Y |
Hastings Entertainment, Inc. | HAST | 418365102 | 6/8/2011 | 1,2 | M | Y | For | Y |
American Bio Medica Corporation | ABMC | 024600108 | 6/14/2011 | 1,2 | M | Y | For | Y |
MFRI, Inc. | MFRI | 552421102 | 6/15/2011 | 1,2 | M | Y | For | Y |
Intest Corporation | INTT | 461147100 | 6/22/2011 | 1,2 | M | Y | For | Y |
Evolving Systems, Inc. | EVOL | 30049R209 | 6/23/2011 | 13,48a | M | Y | For | Y |
Flamel Technologies S.A. | FLML | 338488109 | 6/24/2011 | 1,7,10b,12,15,43 | M | Y | For | Y |
Gasco Energy, Inc. | GSX | 367220100 | 7/20/2011 | 1,2,3,10b,10b1 | M | Y | For | Y |
Mitcham Industries, Inc. | MIND | 606501104 | 7/28/2011 | 1,2,4a | M | Y | For | Y |
Williamette Valley Vineyards, Inc. | WVVI | 969136100 | 7/10/2011 | 1,2 | M | Y | For | Y |
Concurrent Computer Corporation | CCUR | 206710402 | 6/29/2011 | 1,4b,8,13 | M | Y | For | Y |
On Track Innovations Ltd. | OTIV | M8791A109 | 6/24/2011 | 2 | M | Y | For | Y |
Sinohub, Inc. | SIHI | 82935L101 | 7/13/2011 | 1,2 | M | Y | For | Y |
Nobility Homes, Inc. | NOBH | 654892108 | 7/19/2011 | 1,3 | M | Y | For | Y |
Riverview Bancorp, Inc. | RVSB | 769397100 | 7/20/2011 | 1,10b,10b1 | M | Y | For | Y |
Calamp Corp. | CAMP | 128126109 | 7/28/2011 | 1,2,46 | M | Y | For | Y |
Clicksoftware Technologies Ltd. | CKSW | M25082104 | 7/21/2011 | 1,2,3,41,46 | M | Y | For | Y |
ICAD Inc. | ICAD | 44934S107 | 7/19/2011 | 1,2 | M | Y | For | Y |
Proposal | ||
* | 1:Election of Directors | |
2:Ratification of Auditors | ||
3:Approve amendment to stock purchase plan/restricted plan/and or incentive plan | ||
4.(a)Approve amendment to increase authorized shares (b)decrease authorized shares | ||
5:Approve Investment Advisory Agreement | ||
6:Shareholder request for additional information/meeting and/or proposal | ||
7:(a)Approve the issuance of debt and/or(b) shares | ||
8:Approve amendment to certificate of incorporation | ||
9:Approve indemnification agreement between officers and directors | ||
10:(a)Authorized Board to fix Auditor's remuneration (b) Executive Compensation (b1) Frequency of Voting | ||
11:Approve Reorganization Transaction | ||
12:Approve ammendments to company's by-laws / articles of incorporation | ||
13. Approve adjournment of meeting to solicit additional proxies. | ||
14. Amend Declaration of Trust to reduce shareholder quorom | ||
15.Capital Structure Changes | ||
16. Approve Merger proposal | ||
17. Stockholder Proposal | ||
18. Approval of Deferred Compensation Plan | ||
19. (a)Declassify Board of Directors/(b) Fix number of Directors | ||
20. Compensation Limitations | ||
21. Director Election Vote Standard | ||
22.Compensation Plan fo Non-Employee Directors | ||
23. Performance Incentive Plan/Compensation Adjustment | ||
24. Director Term Limits | ||
25. Competitive Pay | ||
26.Recoup Unearned Management Bonuses | ||
27.Separation of Chairman and CEO | ||
28.(a) Receive/Approve Financial Statements(b) Approve Annual Report | ||
29.Approve Amendment to Employment Agreement | ||
30(a).Majority vote for Directors,(b) Disclosure of Political,(c)Charitable Contributions | ||
31.(a)Executive Severance, (b)Strategy to oppose privatization | ||
32. Approve amendment to Non-Employee Director Stock Incentive Plan | ||
33. Stockholder proposal regarding sale of company or division of company | ||
34. To eliminate fundamental investment restrictions | ||
35. Authorization to dispose of shares held by the company | ||
36. Authorization to repurchase shares | ||
37. Amendment of restated investment management | ||
38. Approval of a subadvisor approval policy | ||
39. Approval of revised fundamental investment restrictions | ||
40. Approval of amended and restated declaration of trust | ||
41. To Receive the Directors Annual Reports/Financial Statements | ||
42. To give authority to allot shares up to a specific amount / or share issue premium | ||
43 Miscellaneous Corporate Actions | ||
44. Approval of retirement benefits | ||
45. Dividend Declaration | ||
46. Other Discretionary Matters | ||
47. Approval of Renewal D&O Insurance Policy | ||
48. (a) Approve sale/ (b) liquidation of company | ||
49. Withhold All Nominees | ||
50. Other | ||
51. Proposal on Cumulative Voting | ||
52. (a) Approve Stock Split /(b) Reverse Stock Split | ||
53. Ratify Rights Agreement | ||
Stockholder Proposals | ||
53. Issuance of a Sustainability Report | ||
54. Act on Stockholder Proposal | ||
** | M: Management | |
S: Shareholder(s) | ||
*** | Y: Yes | |
Y(e):Yes electronic | ||
N: No | ||
**** | For Management | |
Y: Yes | ||
N: No | ||
***** | 1:PCM-Perritt Capital Management | |
2:PMCO-Perritt MicroCap Opportunities Fund |
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Perritt Funds, Inc.
By (Signature and Title)* /s/ Michael J. Corbett
Michael J. Corbett
President (Principal Executive Officer)
Date 7/22/11
* Print the name and title of each signing officer under his or her signature.