UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF
REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act
File number 811-6027
KAVILCO INCORPORATED
(Exact name of registrant as specified in charter)
600 UNIVERSITY STREET, SUITE 3010
SEATTLE, WASHINGTON 98101-1129
(Address of principal executive offices) (Zip code)
Registrant’s telephone number, including area code: (206) 624-6166
Date of fiscal year end: December 31, 2013
Date of reporting period: July 1, 2012-June 30, 2013
ITEM 1: PROXY VOTING RECORD
Description | Mgmt. Recom. | Vote Cast | Sponsor
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Issuer: AT&T Inc. Ticker: T CUSSIP: 00206R-102 Meeting Date: 4/26/2013 Record Date: 2/27/2013 | |||
Election of Directors | For, all directors | For, all directors | Mgmt |
Ratification of appointment of independent auditors. | For | For | Mgmt |
Advisory approval of executive compensation. | For | For | Mgmt |
Approve stock purchase and deferral plan. | For | For | Mgmt |
Political contributions report. | Against | Against | Shldr |
Lead batteries report. | Against | Against | Shldr |
Compensation packages | Against | Against | Shldr |
Independent board chairman
| Against | Against | Shldr |
Issuer: Atmos Energy Corporation Ticker: ATO CUSSIP: 049560-105 Meeting Date: 02/13/2013 Record Date: 12/17/2012 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Proposal to amend the company’s annual incentive plan for management | For | For | Mgmt |
Ratify the appointment independent Auditors | For | For | Mgmt |
Advisory vote by shareholders to approve the compensation of the company’s named executive
| For | For | Mgmt |
Issuer: Avalonbay Communities, Inc. Ticker: AVB CUSSIP: 053484-101 Meeting Date: 5/22/2013 Record Date: 3/8/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent Auditors | For | For | Mgmt |
To adopt a resolution approving, on a non-binding advisory basis, the compensation paid to the company’s named executive officers, as disclosed pursuant to item 402 of regulation S-K, including the compensation discussion and analysis, compensation tables and narrative discussion set forth in the proxy statement. | For | For | Mgmt |
To approve an amendment to the company’s amended and restated articles of amendment, as amended, to increase the number of authorized shares of the company’s common stock, par value $.01 per share, by 140 million shares.
| Against | Against | Shldr |
Issuer: Avista Corp. Ticker: AVA CUSSIP: 05379B-107 Meeting Date: 5/10/2012 Record Date: 3/9/2012 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Amendment of the Company’s restated articles of incorporation to reduce certain shareholder approval requirements. | For | For | Mgmt |
Advisory (non-binding) vote to approve executive compensation.
| For | For | Mgmt |
Issuer: Breitburn Energy Partners L.P. Ticker: BBEP CUSSIP: 106776-107 Meeting Date: 06/19/13 Record Date: 04/25/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
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Issuer: Bristol-Myers Squibb Company Ticker: BMY CUSSIP: 110122-108 Meeting Date: 05/07/13 Record Date: 03/14/13 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment of independent auditors. | For | For | Mgmt |
Advisory vote to approve the compensation of our named executive officers
| For | For | Mgmt |
Issuer: Buckeye Partners, L.P. Ticker: BPL CUSSIP: 118230-101 Meeting Date: 6/4/2013 Record Date: 4/9/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
The approval of the Buckeye Partners, L.P. 2013 long-term incentive plan. | For | For | Mgmt |
Ratify the appointment of independent auditors. | For | For | Mgmt
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Issuer: Centurylink, Inc. Ticker: CTL CUSSIP: 156700-106 Meeting Date: 5/22/2013 Record Date: 4/3/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Advisory vote regarding our executive compensation. | For | For | Mgmt |
Shareholder proposal regarding our executive compensation. | Against | Against | Shldr |
Shareholder proposal regarding bonus deferrals. | Against | Against | Shldr |
Shareholder proposal regarding proxy access. | Against | Against | Shldr |
Shareholder proposal regarding confidential voting.
| Against | Against | Shldr |
Issuer: Consolidated Communications Hldgs, Inc. Ticker: CNSL CUSSIP: 209034-107 Meeting Date: 5/07/2013 Record Date: 3/15/2013 |
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Election of Director | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors.
| For | For | Mgmt |
Issuer: Consolidated Edison, Inc. Ticker: ED CUSSIP: 209115-104 Meeting Date: 5/20/2013 Record Date: 3/25/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment of independent auditors. | For | For | Mgmt |
Advisory vote to approve named executive officer compensation. | For | For | Mgmt |
End practice of benchmarking the CEO’s total compensation to that of CEO’s of peer companies | Against | Against | Shldr |
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Issuer: Diamond Offshore Drilling, Inc. Ticker: DO CUSSIP: 25271C-102 Meeting Date: 5/15/2013 Record Date: 3/25/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment of independent auditors. | For | For | Mgmt |
To approve, on an advisory basis, executive compensation.
| For | For | Mgmt |
Issuer: Digital Realty Trust, Inc. Ticker: DLR CUSSIP: 253868-103 Meeting Date: 5/01/2013 Record Date: 3/08/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment of independent auditors. | For | For | Mgmt |
The approval, on a non-binding advisory basis, of the compensation of the company’s named executive officers.
| For | For | Mgmt |
Issuer: Duke Energy Corporation Ticker: DUK CUSSIP: 26441C-204 Meeting Date: 5/02/2013 Record Date: 3/05/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment of independent auditors. | For | For | Mgmt |
Advisory vote to approve named executive officer compensation. | For | For | Mgmt |
Approval of the amended Duke Energy Corporation Executive short term incentive plan. | For | For | Mgmt |
Shareholder proposal regarding shareholder action by written consent. | Against | Against | Shldr |
Shareholder proposal regarding an amendment to our organizational documents to require majority voting for the election of directors.
| Against | Against | Shldr |
Issuer: E.I. Du Pont De Nemours and Company Ticker: DD CUSSIP: 263534-109 Meeting Date: 04/24/2013 Record Date: 02/27/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment of independent auditors. | For | For | Mgmt |
To approve, by advisory vote, executive compensation | For | For | Mgmt |
On independent board chair | Against | Against | Shldr |
On lobbying report | Against | Against | Shldr |
On genetically engineered seed | Against | Against | Shldr |
On Executive compensation report
| Against | Against | Shldr |
Issuer: Eli Lilly and Company Ticker: LLY CUSSIP: 29364G-103 Meeting Date: 05/03/2013 Record Date: 03/05/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment of independent auditors. | For | For | Mgmt |
Advisory vote to approve named executive officer compensation. | For | For | Mgmt |
Shareholder proposal regarding lobbying disclosure. | Against | Against | Shldr |
Shareholder proposal regarding nuclear fuel.
| Against | Against | Shldr |
Issuer: Exelon Corporation Ticker: EXC CUSSIP: 30161N-101 Meeting Date: 04/23/2013 Record Date: 03/01/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment of independent auditors. | For | For | Mgmt |
Advisory vote to approve executive compensation. | For | For | Mgmt |
Approve amended & restated employee stock purchase plan.
| For | For | Mgmt |
Issuer: Firstenergy Corp. Ticker: FE CUSSIP: 337932-107 Meeting Date: 05/21/2013 Record Date: 3/22/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment of independent auditors. | For | For | Mgmt |
Advisory vote to approve named executive officer compensation. | For | For | Mgmt |
An amendment to the company’s amended articles of incorporation and amended code of regulations to allow for a majority voting power threshold. | For | For | Mgmt |
Shareholder proposal: CEO compensation benchmarking. | Against | Against | Shldr |
Shareholder proposal: retirement benefits | Against | Against | Shldr |
Shareholder proposal: Equity retention | Against | Against | Shldr |
Shareholder proposal: Director election majority vote standard. | Against | Against | Shldr |
Shareholder proposal: Act by written consent.
| Against | Against | Shldr |
Issuer: Frontier Communications Corp. Ticker: FTR CUSSIP: 35906A-108 Meeting Date: 5/8/2013 Record Date: 3/12/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
To consider and vote upon an advisory proposal to approve executive compensation. | For | For | Mgmt |
To adopt the 2013 Frontier bonus plan. | For | For | Mgmt |
To adopt the 2013 equity incentive plan. | For | For | Mgmt |
To consider and vote upon a stockholder proposal regarding independent chairman, if presented at the meeting. | Against | Against | Shldr |
Ratify the appointment independent auditors.
| For | For | Mgmt |
Issuer: General Electric Company Ticker: GE CUSSIP: 369604-103 Meeting Date: 04/24/2013 Record Date: 02/25/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Advisory approval of our named executives’ compensation. |
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Ratify the appointment of independent auditors. | For | For | Mgmt |
Cessation of all stock options and bonuses | Against | Against | Shldr |
Director term limits | Against | Against | Shldr |
Independent chairman | Against | Against | Shldr |
Right to act by written consent | Against | Against | Shldr |
Executives to retain significant stock | Against | Against | Shldr |
Multiple candidate elections
| Against | Against | Shldr |
Issuer: Healthcare Realty Trust Incorporated Ticker: HR CUSSIP: 421946-104 Meeting Date: 5/14/2013 Record Date: 3/14/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
To approve the following resolution: Resolved, that the shareholders of Healthcare Realty Trust Incorporated approve, on a non-binding advisory basis, the compensation of the named executive officers as disclosed pursuant to item 402 of regulation S-K in the company’s proxy statement of the 2013 annual meeting of shareholders.
| For | For | Mgmt |
Issuer: Hospitality Properties Trust Ticker: HPT CUSSIP: 44106M-102 Meeting Date: 5/15/2013 Record Date: 2/19/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
To approve a nonbinding advisory resolution on our executive compensation. | For | For | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
To consider and vote upon a shareholder proposal if properly presented at the meeting. | Against | Against | Mgmt |
To consider and vote upon a shareholder proposal if properly presented at the meeting.
| Against | Against | Mgmt |
Issuer: Johnson & Johnson Ticker: JNJ CUSSIP: 178160-104 Meeting Date: 4/25/2013 Record Date: 2/26/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation. | For | For | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Shareholder proposal-executives to retain significant stock. | Against | Against | Shldr |
Shareholder proposal on political contributions and corporate values. | Against | Against | Shldr |
Shareholder proposal on independent board chairman.
| Against | Against | Shldr |
Issuer: Kraft Foods Inc. Ticker: KFT CUSSIP: 50075N-104 Meeting Date: 5/22/2013 Record Date: 3/15/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Advisory vote on the frequency of an executive compensation vote. | For 1 Year | For 1 Year | Mgmt |
Approval of the material terms for performance-based awards under the Kraft Foods Group, Inc. 2012 performance incentive plan. | For | For | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Shareholder proposal: Label genetically engineered products.
| Against | Against | Shldr |
Issuer: LTC Properties, Inc. Ticker: LTC CUSSIP: 502175-102 Meeting Date: 5/21/2013 Record Date: 4/8/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Advisory vote to approve named executive officer compensation.
| For | For | Mgmt |
Issuer: Mack-Cali Realty Corporation Ticker: CLI CUSSIP: 554489-104 Meeting Date: 5/15/2013 Record Date: 4/3/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Advisory vote approving the compensation of our named executive officers, as such compensation is described under the “compensation discussion and analysis” and “executive compensation” sections of the accompanying proxy statement. | For | For | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Approval and adoption of Mack-Cali Realty Corporation 2013 incentive stock plan.
| For | For | Mgmt |
Issuer: Magellan Midstream Partners, L.P. Ticker: MMP CUSSIP: 44106M-102 Meeting Date: 4/15/2013 Record Date: 2/25/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Advisory resolution to approve executive compensation. | For | For | Mgmt |
Ratify the appointment independent auditors.
| For | For | Mgmt |
Issuer: Markwest Energy Partners LP Ticker: MWE CUSSIP: 570759 Meeting Date: 5/29/2013 Record Date: 4/03/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors.
| For | For | Mgmt |
Issuer: McDonald’s Corporation Ticker: MCD CUSSIP: 58135.101 Meeting Date: 5/23/2013 Record Date: 3/25/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve executive compensation | For | For | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Advisory vote on a shareholder proposal requesting an annual report on executive compensation, if presented. | Against | Against | Shldr |
Advisory vote on a shareholder proposal requesting an executive stock retention policy, if presented. | Against | Against | Shldr |
Advisory vote on a shareholder proposal requesting a human rights report, if presented. | Against | Against | Shldr |
Advisory vote on a shareholder proposal requesting a nutrition report, if presented.
| Against | Against | Shldr |
Issuer: Merck & Co., Inc. Ticker: MRK CUSSIP: 58933Y-105 Meeting Date: 5/28/2013 Record Date: 4/01/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Advisory vote to approve executive compensation. | For | For | Mgmt |
Shareholder proposal concerning shareholders’ right to act by written consent. | Against | Against | Shldr |
Shareholder proposal concerning a report on charitable and political contributions. | Against | Against | Shldr |
Shareholder proposal concerning a report on lobbying activities.
| Against | Against | Shldr |
Issuer: Microsoft Corporation Ticker: MSFT CUSSIP: 594918-104 Meeting Date: 11/28/2012 Record Date: 09/14/2012 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Advisory vote on named executive officer compensation. | For | For | Mgmt |
Approval of employee stock purchase plan. | For | For | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Shareholder proposal-adopt cumulative voting.
| Against | Against | Shldr |
Issuer: Mondelez Intl, Inc Ticker: MDLZ CUSSIP: 609207-105 Meeting Date: 5/21/2013 Record Date: 3/15/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve executive compensation | For | For | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Shareholder proposal: Report on extended producer responsibility. | Against | Against | Mgmt |
Shareholder proposal: Sustainability report on gender equality in the company’s supply chain.
| Against | Against | Mgmt |
Issuer: Northeast Utilities Ticker: NU CUSSIP: 664397-106 Meeting Date: 10/31/2012 Record Date: 09/04/2012 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
To consider and approve the following advisory (non-binding) proposal: Resolved, that the compensation paid to the company’s named executive officers, as disclosed pursuant to the compensation disclosure rules of the securities and exchange commission, including the compensation discussion and analysis, compensation tables and any related material is hereby approved. | For | For | Mgmt |
To re-approve the material terms of performance goals under the 2009 Northeast utilities incentive plan as required by section 162(M) of the internal revenue code. | For | For | Mgmt |
Ratify the appointment independent auditors.
| For | For | Mgmt |
Issuer: Omega Healthcare Investors, Inc. Ticker: OHI CUSSIP: 681936-100 Meeting Date: 6/6/2013 Record Date: 4/17/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Advisory vote to approve executive compensation. | For | For | Mgmt |
Approval of 2013 stock incentive plan.
| For | For | Mgmt |
Issuer: Oneok, Inc. Ticker: OKE CUSSIP: 682680-103 Meeting Date: 5/22/2013 Record Date: 3/25/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
A proposal to approve the material terms of the performance goals for our equity compensation plan. | For | For | Mgmt |
An Advisory vote to approve the company’s executive compensation. | For | For | Mgmt |
A shareholder proposal regarding publication of a report on methane emissions.
| Against | Against | Shldr |
Issuer: Penn West Petroleum Ltd. Ticker: PWE CUSSIP: 707887-105 Meeting Date: 6/03/2013 Record Date: 5/01/2013 |
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Ratify the appointment independent auditors. | For | For | Mgmt |
Election of Directors | For, all directors | For, all directors | Mgmt |
Advisory vote approving Penn West’s approach to executive compensation. | For | For | Mgmt |
The approval of all unallocated options to acquire common shares under the stock option plan of Penn West until June 5, 2016. | For | For | Mgmt |
The approval of an amendment to the amending provisions of the stock option plan of Penn West. | For | For | Mgmt |
The approval of by-law No. 2 of Penn West relating to the advance notice of nominations of directors.
| For | For | Mgmt |
Issuer: Pepco Holdings, Inc. Ticker: POM CUSSIP: 713291-102 Meeting Date: 5/17/2013 Record Date: 3/20/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
A proposal to approve, on an advisory basis, the company’s executive compensation. | For | For | Mgmt |
Ratify the appointment independent auditors.
| For | For | Mgmt |
Issuer: Pitney Bowes Inc. Ticker: PBI CUSSIP: 724479-100 Meeting Date: 5/13/2013 Record Date: 3/15/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Advisory vote to approve executive compensation. | For | For | Mgmt |
Approval of the 2013 stock plan.
| For | For | Mgmt |
Issuer: PPL Corporation Ticker: PPL CUSSIP: 69351T-106 Meeting Date: 5/15/2013 Record Date: 2/28/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Approval of amendment to PPL Corporation’s articles of incorporation to implement majority vote standard in uncontested elections of directors. | For | For | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Advisory vote to approve named executive officer compensation. | For | For | Mgmt |
Shareowner proposal: request for political spending report.
| Against | Against | Shldr |
Issuer: Progress Energy Ticker: PGN CUSSIP: 743263-105 Meeting Date: 8/8/2012 Record Date: 6/1/2012 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
Advisory (nonbinding) vote to approve the company’s executive compensation | For | For | Mgmt |
Ratify the appointment independent auditors. | For | For | Mgmt |
Re-approve the material terms of performance goals under the company’s 2007 equity incentive plan as required by section 162(M) of the Internal Revenue Code.
| For | For | Mgmt |
Issuer: PVR Partners, L.P. Ticker: PVR CUSSIP: 693665.101 Meeting Date: 6/05/2013 Record Date: 4/09/2013 |
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Election of Directors | For, all directors | For, all directors | Mgmt |
To approve the advisory resolution approving executive compensation. | For | For | Mgmt |
Ratify the appointment independent auditors.
| For | For | Mgmt |
Issuer: Royal Dutch Shell PLC Ticker: RDS/A CUSSIP: 780259-206 Meeting Date: 5/13/2013 Record Date: 4/11/2013 |
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Adoption of annual report and accounts. | For | For |
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Approval of remuneration report. | For | For |
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Election of Directors | For, all directors | For, all directors |
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Ratify the appointment independent auditors. | For | For |
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Remuneration of auditors. | For | For |
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Authority to allot shares. | For | For |
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Disapplication of pre-emption rights. | For | For |
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Authority to purchase own shares. | For | For |
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Authority for certain donations and expenditure.
| For | For |
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Issuer: Sabra Health Care Reit, Inc. Ticker: SBRA CUSSIP: 78573L-106 Meeting Date: 6/19/2013 Record Date: 4/22/2013 |
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Election of Directors | For, all directors | For, all directors |
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Approval of amendments to the Sabra Health Care Reit, Inc. 2009 performance incentive plan. | For | For |
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Ratify the appointment of independent auditors. | For | For |
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Approval, on an advisory basis, of executive director compensation.
| For | For |
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Issuer: Sanofi Ticker: SNY CUSSIP: 80105N-105 Meeting Date: 4/24/2013 Record Date: 3/25/2013 |
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Approval of the individual company financial statements for the year ended December 31, 2012. | For | For |
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Approval of the consolidated financial statements for the year ended December 31, 2012. | For | For |
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Appropriation of profits, declaration of dividend. | For | For |
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Election of Directors | For, all directors | For, all directors |
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Authorization to the Board of Directors to carry out transactions in shares issued by the company. | For | For |
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Delegation to the board of directors of authority to decide the issuance, with preemptive rights maintained, of shares and/or securities giving access to the company’s capital and/or securities giving entitlement to the allotment of debt instruments. | For | For |
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Possibility of issuing, without preemptive right, shares or securities giving access to the company’s capital as consideration for assets transferred to the company as a capital contribution in kind in the form of shares or securities giving access to the capital of another company. | For | For |
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Delegation to the board of directors of authority to increase the number of shares to be issued in the event of a capital increase with or without preemptive rights. | For | For |
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Delegation to the board of directors of authority to decide to carry out increases in the share capital by incorporation of share premium, reserves, profits or other items. | For | For |
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Delegation to the board of directors of authority to decide the issuance of shares or securities giving access to the company’s capital reserved for members of savings plans, with waiver of preemptive right in their favor | For | For |
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Delegation to the board of directors of authority to allot, without preemptive right, existing or new restricted shares in full or partial substitution for the discount to a capital increase reserved for salaried employees. | For | For |
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Delegation to the board of directors of authority to grant, without preemptive right, options to subscribe for or purchase shares. | For | For |
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Authorization to the board of directors to reduce the share capital by cancellation of treasury shares. | For | For |
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Powers for formalities.
| For | For |
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Issuer: Scana Corporation Ticker: SCG CUSSIP: 80589M-102 Meeting Date: 4/25/2013 Record Date: 3/5/2013 |
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Election of Directors | For, all directors | For, all directors |
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Ratify the appointment independent auditors. | For | For |
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Shareholder proposal regarding repeal of the classification of the Board of Directors.
| None | Abstain |
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Issuer: Senior Housing Properties Trust Ticker: SNH CUSSIP: 81721M-109 Meeting Date: 5/09/2013 Record Date: 2/19/2013 |
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Election of Directors | For, all directors | For, all directors |
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To approve a nonbinding advisory resolution on our executive compensation. | For | For |
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Ratify the appointment of independent auditors.
| For | For |
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Issuer: Silver Wheaton Corp. Ticker: SLW CUSSIP: 828336-107 Meeting Date: 5/21/2013 Record Date: 5/16/2013 |
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Election of Directors | For, all directors | For, all directors |
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Ratify the appointment independent auditors. | For | For |
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A non-binding advisory resolution accepting the company’s approach to executive compensation.
| For | For |
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Issuer: Sun Communities, Inc. Ticker: SUI CUSSIP:866674.104 Meeting Date: 7/23/2013 Record Date: 5/10/2013 |
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Election of Directors | For, all directors | For, all directors |
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Ratify the appointment of independent auditors. | For | For |
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To approve, by non-binding vote, executive compensation.
| For | For |
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Issuer: The Southern Company Ticker: SO CUSSIP: 842587-107 Meeting Date: 5/22/2013 Record Date: 3/25/2013 |
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Election of Directors | For, all directors | For, all directors |
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Ratify the appointment independent auditors. | For | For |
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Advisory vote to approve named executive officers’ compensation. | For | For |
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Ratification of by-law amendment. | For | For |
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Amendment to company’s certificate of incorporation to reduce two-thirds supermajority requirements in article eleventh to a majority vote. | For | For |
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Amendment to company’s certificate of incorporation to reduce 75% supermajority requirements in article thirteenth to a two0thirds vote.
| For | For |
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Issuer: Unilever PLC Ticker: UL CUSSIP: 904767-704 Meeting Date: 5/15/2013 Record Date: 3/25/2013 |
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To receive the report and accounts for the year ended 31 December 2012. | For | For | Mgmt |
To approve the Directors’ remuneration report for the year ended 31 December 2012. | For | For | Mgmt |
Election of Directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment of independent auditors. | For | For | Mgmt |
To authorize the Directors to fix the remuneration of the auditors. | For | For | Mgmt |
To renew the authority to Directors to issue shares | For | For | Mgmt |
To renew the authority to Directors to dis-apply pre-emption rights. | For | For | Mgmt |
To renew the authority to the company to purchase its own shares. | For | For | Mgmt |
To authorize political donations and expenditure. | For | For | Mgmt |
To shorten the notice period for general meetings.
| For | For | Mgmt |
Issuer: Ventas Inc. Ticker: VTR CUSSIP: 92276F-100 Meeting Date: 5/16/2013 Record Date: 3/18/2013 |
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Election of Directors | For, all directors | For, all directors |
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Ratify the appointment of independent auditors. | For | For |
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Advisory vote to approve executive compensation. | For | For |
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Stockholder proposal regarding equity retention policy. | Against | Against |
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Stockholder proposal regarding an independent chairman. | Against | Against |
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Stockholder proposal regarding acceleration of equity award vesting. | Against | Against |
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Stockholder proposal regarding tax gross-up payments.
| Against | Against |
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Issuer: Verizon Communications Inc. Ticker: VZ CUSSIP: 92343V-104 Meeting Date: 5/02/2013 Record Date: 3/04/2013 |
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Election of Directors | For, all directors | For, all directors |
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Ratify the appointment independent auditors. | For | For |
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Advisory vote to approve executive compensation. | For | For |
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Approval of long-term incentive plan. | For | For |
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Network Neutrality. | Against | Against |
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Lobbying activities. | Against | Against |
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Proxy access bylaws. | Against | Against |
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Severance approval policy. | Against | Against |
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Shareholder right to call a special meeting. | Against | Against |
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Shareholder right to act by written consent.
| Against | Against |
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Issuer: Washington Real Estate Investment Trust Ticker: WRE CUSSIP: 939653-101 Meeting Date: 5/16/2013 Record Date: 3/15/2013 |
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Election of Directors | For, all directors | For, all directors |
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Ratify the appointment independent auditors. | For | For |
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Advisory vote on compensation of named executive officers (say-on-pay.) | For | For |
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Pursuant to the requirements of the Investment Company Act of 1940, the registrant duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
KAVILCO INCORPORATED
By /s/ Louis A. Thompson
____
Louis A. Thompson
Chief Executive Officer/President
Date: July 8, 2013