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)
1000 Second Avenue, Suite 3320
SEATTLE, WASHINGTON 98104
(Address of principal executive offices) (Zip code)
Registrant’s telephone number, including area code: (206) 624-6166
Date of fiscal year end: December 31, 2018
Date of reporting period: July 1, 2017 – June 30, 2018
ITEM 1: PROXY VOTING RECORD
Description | Mgmt Rec. | Vote Cast | Sponsor
|
Issuer: Alliant Energy Corporation Ticker: LNT CUSIP: 018802-108 Meeting Date: 5/17/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Ratification of appointment of independent auditors | For | For | Mgmt |
Periodic report disclosing political expenditures
| Against | Against | Shldr
|
Issuer: American Electric Power Company, Inc. Ticker: AEP CUSIP: 0255371-101 Meeting Date: 4/24/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
Advisory approval of the Company’s executive compensation
| For | For | Mgmt |
Issuer: Amgen Inc. Ticker: AMGN CUSIP: 031162-100 Meeting Date: 5/22/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory approval of the Company’s executive compensation | For | For | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
Annual report on risks related to public concern over drug pricing strategies are integrated into executive incentive compensation
| Against | Against | Shldr |
Issuer: AT&T Inc. Ticker: T CUSIP: 00206R-102 Meeting Date: 4/27/2018 | |||
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 deferral plan | For | For | Mgmt |
Approve 2018 incentive plan | For | For | Mgmt |
Prepare lobbying report | Against | Against | Shldr |
Modify proxy access requirements | Against | Against | Shldr |
Independent chair | Against | Against | Shldr |
Reduce vote required for written consent | Against | Against | Shldr
|
Issuer: ATLANTIC Power Corporation Ticker: AT CUSIP: 04878Q-863 Meeting Date: June/19/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory approval of executive compensation | For | For | Mgmt |
Ratification of appointment of independent auditors
| For | For | Mgmt |
Issuer: Atmos Energy Corporation Ticker: ATO CUSIP: 049560-105 Meeting Date: 02/7/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent Auditors | For | For | Mgmt |
Advisory vote to approve the compensation of our named executive officers
| For | For | Mgmt |
Issuer: Avalonbay Communities, Inc. Ticker: AVB CUSIP: 053484-101 Meeting Date: 05/23/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent Auditors | For | For | Mgmt |
Advisory vote to approve the compensation of our named executive officers
| For | For | Mgmt |
Issuer: Blackrock Closed-End Funds Ticker: BGT CUSIP: 091941-104 Meeting Date: 7/30/2018 | |||
Election of directors
| For, all directors | For, all directors | Mgmt |
Issuer: Bristol-Myers Squibb Company Ticker: BMY CUSIP: 110122-108 Meeting Date: 5/1/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve the compensation of our named executive officers | For | For | Mgmt |
Ratify the appointment of independent auditors | For | For | Mgmt |
Report on drug pricing strategies being incorporated into incentive compensation plans | Against | Against | Shldr |
Proposal to lower the threshold to call special shareholder meetings
| Against | Against | Shldr |
Issuer: Buckeye Partners, L.P. Ticker: BPL CUSIP: 118230-101 Meeting Date: 6/5/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Approval of the amendments to the partnership agreement | For | For | 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: Care Capital Properties, Inc. (Special Meeting) Ticker: CCP CUSIP: 141624-010 Meeting Date: 8/15/2017 | |||
Adopt merger agreement | For | For | Mgmt |
Advisory vote to approve the compensation of CCP’s named executive officers in relation to the merger | For | For | Mgmt |
Approve adjournment to solicit additional proxies in favor of proposal
| For | For | Mgmt |
Issuer: CenterPoint Energy, Inc. Ticker: CNP CUSIP: 15189T-107 Meeting Date: 4/26/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
Advisory vote to approve the compensation of our named executive officers
| For | For | Mgmt |
Issuer: CenturyLink, Inc. Ticker: CTL CUSIP: 156700-106 Meeting Date: 5/23/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
Approve 2018 equity incentive plan | For | For | Mgmt |
Advisory vote to approve the compensation of our named executive officers | For | For | Mgmt |
Proposal on lobbying activities | Against | Against | Shldr |
Proposal on billing practices
| Against | Against | Shldr |
Issuer: Chevron Corporation Ticker: CVX CUSIP: 166764-100 Meeting Date: 5/30/2018 | |||
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 |
Report on lobbying | Against | Against | Shldr |
Report on feasibility of policy on not doing business with conflict complicit governments | Against | Against | Shldr |
Report on transition to a low carbon economy | Against | Against | Shldr |
Report on methane emissions | Against | Against | Shldr |
Adopt a policy on independent chairmen | Against | Against | Shldr |
Recommend independent director with environmental expertise | Against | Against | Shldr |
Set special meetings threshold at 10%
| Against | Against | Shldr |
Issuer: Cisco Systems, Inc. Ticker: CSCO CUSIP: 17275R-102 Meeting Date: 12/11/2017 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Approval of amendment and restatement of the 2005 stock incentive plan | For | For | Mgmt |
Approval of amendment and restatement of the executive incentive plan | For | For | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Recommendation on the frequency of executive compensation votes | For | For | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
Approval to request an annual report relating to Cisco’s lobbying policies, procedures and activities
| Against | Against | Shldr |
Issuer: Coca-Cola Company, The Ticker: KO CUSIP: 191216-100 Meeting Date: 4/25/2018 | |||
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 |
Issuer: Consolidated Communications Hldgs, Inc. Ticker: CNSL CUSIP: 209034-107 Meeting Date: 4/30/2018 | |||
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 |
Approval of provisions in the 2005 long-term incentive plan
| For | For | Mgmt |
Issuer: Consolidated Edison, Inc. Ticker: ED CUSIP: 209115-104 Meeting Date: 5/15/2017 | |||
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: Diamond Offshore Drilling, Inc. Ticker: DO CUSIP: 25271C-102 Meeting Date: 5/15/2018 |
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 CUSIP: 253868-103 Meeting Date: 5/8/2018 | |||
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. (Special Meeting) Ticker: DLR CUSIP: 253868-103 Meeting Date: 9/13/2017 | |||
Approve issuance of shares of common stock to DuPont Fabros Technology, Inc. and Dupont Fabros Technology LP pursuant to merger | For | For | Mgmt |
To approve adjournments if necessary to solicit additional proxies
| For | For | Mgmt |
Issuer: Dominion Resources, Inc. Ticker: D CUSIP: 25746U-109 Meeting Date: 5/9/2018 | |||
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 |
Report on methane emissions | Against | Against | Shldr |
Proposal for shareholder right to act by written consent
| Against | Against | Shldr |
Issuer: Duke Energy Corp Ticker: DUK CUSIP: 26441C-204 Meeting Date: 5/3/2018 | |||
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 |
Amendment to the certificate of incorporation | For | For | Mgmt |
Provide an annual report on lobbying
| Against | Against | Shldr |
Issuer: Eaton Corporation PLC Ticker: ETN CUSIP: G29183-103 Meeting Date: 4/252018 | |||
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 |
Proposal to grant the board authority to issue shares | For | For | Mgmt |
Approval to grant the board authority to opt out of pre-emption rights | For | For | Mgmt |
Authorizing the Company and subsidiary of the company to make overseas market purchases of company shares
| For | For | Mgmt |
Issuer: Eli Lilly and Company Ticker: LLY CUSIP: 532457-108 Meeting Date: 5/72018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Ratify the appointment of independent auditors | For | For | Mgmt |
Approve amendments to the articles of incorporation to eliminate classified board structure | For | For | Mgmt |
Approve amendments to the articles of incorporation to supermajority voting provisions | For | For | Mgmt |
Approve the amended and restated 2002 Lilly stock plan | For | For | Mgmt |
Proposal seeking support for descheduling of cannabis | Against | Against | Shldr |
Proposal requesting report regarding direct and indirect political contributions | Against | Against | Shldr |
Proposal requesting report on policies and practices regarding contract animal laboratories | Against | Against | Shldr |
Proposal requesting report on extent to which risks related to public concern over drug pricing strategies are integrated into incentive compensation arrangements
| Against | Against | Shldr |
Issuer: Enbridge Inc. Ticker: ENB CUSIP: 29250N-105 Meeting Date: 5/9/2018 | |||
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 |
Advisory vote on the frequency of say on pay votes
| For | For | Mgmt |
Issuer: Entergy Corporation Ticker: ETR CUSIP: 29364G-103 Meeting Date: 5/4/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Ratify the appointment of independent auditors | For | For | Mgmt |
Shareholder proposal regarding report on distributed generation resources
| Against | Against | Shldr |
Issuer: EPR Properties Ticker: EPR CUSIP: 26884U-109 Meeting Date: 6/1/2018 |
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Approve an amendment to the Company’s declaration of trust to declassify the board of trustees | For | For | Mgmt |
Ratify the appointment of independent auditors
| For | For | Mgmt |
Issuer: Essex Property Trust, Inc. Ticker: ESS CUSIP: 297178-105 Meeting Date: 5/15/2018 | |||
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 Company’s 2018 stock award and incentive compensation plan
| For | For | Mgmt |
Issuer: Eversource Energy Ticker: ES CUSIP: 30040W-108 Meeting Date: 5/2/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Proposal to approve the company’s incentive plan | For | For | Mgmt |
Ratify the appointment of independent auditors
| For | For | Mgmt |
Issuer: Exelon Corporation Ticker: EXC CUSIP: 30161N-101 Meeting Date: 5/1/2018 | |||
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 |
Issuer: Exxon Mobil Corporation Ticker: XOM CUSIP: 30231G-102 Meeting Date: 5/30/2018 | |||
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 |
Independent chairman | Against | Against | Shldr |
Special shareholder meetings | Against | Against | Shldr |
Board diversity matrix | Against | Against | Shldr |
Report on lobbying
| Against | Against | Shldr |
Issuer: FirstEnergy Corp. Ticker: FE CUSIP: 337932-107 Meeting Date: 5/15/2018 | |||
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 |
Amend the articles of incorporation and regulations to replace existing supermajority voting requirements with a majority voting power threshold | For | For | Mgmt |
Amend the articles of incorporation to implements majority voting for uncontested director elections | For | For | Mgmt |
Amend the regulations to implement proxy access | For | For | Mgmt |
Shareholder proposal: implementation of simple majority voting
| Against | Against | Shldr |
Issuer: General Electric Company Ticker: GE CUSIP: 369604-103 Meeting Date: 4/25/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Approval of GE International employee stock purchase plan | For | For | Mgmt |
Ratify the appointment of independent auditors | For | For | Mgmt |
Require the chairman of the board to be independent | Against | Against | Shldr |
Adopt cumulative voting for director elections | Against | Against | Shldr |
Deduct impact of stock buybacks from executive pay | Against | Against | Shldr |
Report on lobbying and contributions | Against | Against | Shldr |
Report on stock buybacks | Against | Against | Shldr |
Permit shareholder action by written consent
| Against | Against | Shldr |
Issuer: Genuine parts Company Ticker: GPC CUSIP: 372460-105 Meeting Date: 4/23/2018 | |||
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 |
Issuer: HCP, Inc. Ticker: HCP CUSIP: 40414L-109 Meeting Date: 4/26/2018 | |||
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: Healthcare Realty Trust, Inc. Ticker: HR CUSIP: 421946-104 Meeting Date: 5/8/2018 | |||
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: Highwoods Properties, Inc. Ticker: HIW CUSIP: 431284-108 Meeting Date: 5/9/2018 | |||
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: Hollyfrontier Corp. Ticker: HFC CUSIP: 436106-108 Meeting Date: 5/9/2018 | |||
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 |
Issuer: Hospitality Properties Trust Ticker: HPT CUSIP: 44106M-102 Meeting Date: 6/14/2018 | |||
Election of directors | For | For | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
Proposal requesting that the board of trustees adopt a proxy access bylaw, if properly presented at the meeting | Against | Against | Shldr |
Proposal requesting that the board of trustees adopt a consequential majority vote standard for uncontested director elections, if properly presented at the meeting
| Against | Against | Shldr |
Issuer: IBM Ticker: IBM CUSIP: 459200-101 Meeting Date: 2/2/2018 | |||
Election of directors | For | For | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Stockholder proposal for disclosure of lobbying policies and practices | Against | Against | Shldr |
Stockholder proposal on special shareowner meetings | Against | Against | Shldr |
Stockholder proposal to have an independent board chairman
| Against | Against | Shldr |
Issuer: International Paper Company Ticker: IP CUSIP: 460146-103 Meeting Date: 5/7/2018 | |||
Election of directors | For | For | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Proposal concerning special shareowner meetings
| Against | Against | Shldr |
Issuer: Invesco Ltd. Ticker: IVZ CUSIP: G491BT-108 Meeting Date: 5/10/2018 | |||
Election of directors | For | For | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
Proposal regarding the elimination of voting standards of greater than a majority of votes cast
| Abstain | Abstain | Shldr |
Issuer: Iron Mountain Inc. Ticker: IRM CUSIP: 46284V-101 Meeting Date: 6/14/2018 | |||
Election of directors | For | For | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Ratify the appointment independent auditors
| For | For | Mgmt |
Issuer: John Hancock Preferred Income Fund Ticker: JHS CUSIP: 41013W-108 Meeting Date: 2/2/2018 | |||
Election of directors
| For, all directors | For, all directors | Mgmt |
Issuer: Kinder Morgan, Inc. Ticker: KMI CUSIP: 49456B-101 Meeting Date: 5/9/2018 | |||
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 |
Advisory vote on the frequency of a vote on executive compensation | For | For | Mgmt |
Stockholder proposal relating to a report on methane emissions | Against | Against | Shldr |
Stockholder proposal relating to an annual sustainability report | Against | Against | Shldr |
Stockholder proposal relating to an assessment of the long-term portfolio impacts of scenarios consistent with global climate change policies
| Against | Against | Shldr |
Issuer: Kraft Heinz Company, Inc. Ticker: KHC CUSIP: 500754-106 Meeting Date: 4/23/2018 | |||
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 |
Resolution related to packaging
| Against | Against | Shldr |
Issuer: Lamar Advertising Company Ticker: LAMR CUSIP: 512816-109 Meeting Date: 4/17/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors
| For | For | Mgmt |
Issuer: Liberty Property Trust Ticker: LPT CUSIP: 531172-104 Meeting Date: 5/17/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Amendment to clarify the shareholder right to amend the trust’s bylaws | For | For | Mgmt |
Ratify the appointment independent auditors
| For | For | Mgmt |
Issuer: LTC Properties, Inc. Ticker: LTC CUSIP: 502175-102 Meeting Date: 5/30/2018 | |||
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 Corp. Ticker: CLI CUSIP: 554489-104 Meeting Date: 6/13/2018 | |||
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 |
Issuer: Magellan Midstream Partners, L.P. Ticker: MMP CUSIP: 559080-106 Meeting Date: 2/26/2018 | |||
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 |
Issuer: Merck & Co., Inc. Ticker: MRK CUSIP: 58933Y-105 Meeting Date: 3/28/2018 | |||
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 concerning shareholders’ right to act by written consent
| Against | Against | Shldr |
Issuer: Mondelez Intl, Inc. Ticker: MDLZ CUSIP: 609207-105 Meeting Date: 5/16/2018 | |||
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: Report on packaging | Against | Against | Shldr |
Report on the impact of plant closures on communities and alternatives
| Against | Against | Shldr |
Issuer: National Retail Properties, Inc. Ticker: NNN CUSIP: 637417-106 Meeting Date: 5/17/2018 | |||
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 |
Issuer: NextEra Energy, Inc. Ticker: NEE CUSIP: 65339F-101 Meeting Date: 5/24/2018 | |||
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 |
Proposal by Myra Young entitled “right to act by written consent” to request the NextEra Energy board of directors to permit shareholder action by written consent | Against | Against | Shldr |
Proposal by the comptroller of the state of New York entitled “political contributions disclosure” to request semiannual reports disclosing political contribution policies and expenditures
| Against | Against | Shldr |
Issuer: Obsidian Energy Ltd. Ticker: OBE CUSIP: 674482-104 Meeting Date: 6/8/2017 | |||
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 |
A special resolution authorizing and approving the filing of articles of amendment to consolidate the issued and outstanding common shares of Obsidian Energy on the basis of three old shares for 1 new share, all as more particularly described in the information circular.
| For | For | Mgmt |
Issuer: Omega Healthcare Investors, Inc. Ticker: OHI CUSIP: 681936-100 Meeting Date: 6/8/2018 | |||
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 |
Advisory vote on the frequency of a vote on executive compensation | For | For | Mgmt |
Approval of 2018 stock incentive plan
| For | For | Mgmt |
Issuer: Paychex, Inc. Ticker: PAYX CUSIP: 704326-107 Meeting Date: 10/11/2017 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
An advisory vote to approve the company’s executive compensation | For | For | Mgmt |
An advisory vote on the frequency of future advisory votes on named executive officer compensation | For | For | Mgmt |
Ratify the appointment independent auditors
| For | For | Mgmt |
Issuer: Pfizer Inc. Ticker: PFE CUSIP: 717081-103 Meeting Date: 4/26/2018 | |||
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 |
Approval of the Pfizer Inc. French sub-plan under the 2014 stock plan | For | For | Mgmt |
Shareholder proposal regarding right to act by written consent | Against | Against | Shldr |
Shareholder proposal regarding independent chair policy | Against | Against | Shldr |
Shareholder proposal regarding report on lobbying activities
| Against | Against | Shldr |
Issuer: Pitney Bowes Inc. Ticker: PBI CUSIP: 724479-100 Meeting Date: 5/7/2018 |
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 |
Approval of the Pitney Bowes Inc. 2018 stock plan
| For | For | Mgmt |
Issuer: Plains All American Pipeline, LP Ticker: PAA CUSIP: 726503-105 Meeting Date: 5/15/2018 | |||
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 |
Advisory vote on the frequency of executive officer compensation votes
| For | For | Mgmt |
Issuer: PPL Corporation Ticker: PPL CUSIP: 69351T-106 Meeting Date: 5/16/2018 | |||
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 |
Issuer: Procter & Gamble Company Ticker: PG CUSIP: 742718-109 Meeting Date: 10/10/2017 | |||
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 |
Advisory vote on frequency of the executive officer compensation vote | For | For | Mgmt |
Adopt holy land principles | Against | Against | Shldr |
Report on mitigating risks of activities in conflict-affected areas | Against | Against | Shldr |
Repeal certain amendments to regulations
| Against | Against | Shldr |
Issuer: Public Service Enterprise Group Inc. Ticker: PEG CUSIP: 744573-106 Meeting Date: 4/17/2018 | |||
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 |
Issuer: Public Storage Ticker: PSA CUSIP: 74460D-109 Meeting Date: 4/25/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Approve amendment to the Company’s bylaws | For | For | Mgmt |
Ratify the appointment independent auditors
| For | For | Mgmt |
Issuer: Quality Care Properties, Inc. Ticker: QCP CUSIP: 747545-101 Meeting Date: 5/17/2018 | |||
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 |
Advisory vote on the frequency of a vote on executive compensation
| For | For | Mgmt |
Issuer: Realty Income Corporation Ticker: O CUSIP: 756109-104 Meeting Date: 5/18/2018 |
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: Redwood Trust, Inc. Ticker: RWT CUSIP: 758075-402 Meeting Date: 5/22/2018 | |||
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 |
Approve the 2014 incentive plan
| For | For | Mgmt |
Issuer: RMR Group, The, Inc. Ticker: RMR CUSIP: 74967R-106 Meeting Date: 3/28/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors
| For | For | Mgmt |
Issuer: Royal Dutch Shell PLC Ticker: RDS/A CUSIP: 780259-107 Meeting Date: 5/22/2018 | |||
Receipt of annual report and accounts | For | For | Mgmt |
Approval of directors’ remuneration policy | For | For | Mgmt |
Election of directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
Remuneration of auditors | For | For | Mgmt |
Authority to allot shares | For | For | Mgmt |
Disapplication of pre-emption rights | For | For | Mgmt |
Authority to purchase own shares | For | For | Mgmt |
Shareholder resolution
| Against | Against | Shldr |
Issuer: Sabra Health Care Reit, Inc. (Special Meeting) Ticker: SBRA CUSIP: 78573L-106 Meeting Date: 8/15/2017 | |||
Approval of merger | For | For | Mgmt |
Approval of adjournment if there are insufficient votes to approve
| For | For | Mgmt |
Issuer: Sanofi (Combined General Meeting) Ticker: SNY CUSIP: 80105N-105 Meeting Date: 5/2/2018 | |||
Approval of the Individual company financial statements | For | For | Mgmt |
Approval of the consolidated financial statements | For | For | Mgmt |
Appropriation of profits, declaration of dividend | For | For | Mgmt |
Election of directors | For, all directors | For, all directors | Mgmt |
Executive Compensation | For | For | Mgmt |
Ratify the appointment of independent auditors | For | For | Mgmt |
Authorization to the board to carry out transactions in the company’s shares, except during public tender offers | For | For | Mgmt |
Amendments of articles 11 and 12 of the articles of association | For | For | Mgmt |
Powers for formalities
| For | For | Mgmt |
Issuer: Seadrill Limited (Consent Solicitation) Ticker: SDRL CUSIP: G7945E-105 Meeting Date: 4/5/2018 | |||
The plan
| For | For | Mgmt |
Issuer: Sempra Energy Ticker: SRE CUSIP: 816851-109 Meeting Date: 5/10/2018 |
Election of directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
The approval, by non-binding vote, of executive compensation | For | For | Mgmt |
Enhanced shareholder proxy access
| Against | Against | Mgmt |
Issuer: Southern Company Ticker: SO CUSIP: 842587-107 Meeting Date: 5/23/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
The approval, by non-binding vote, of executive compensation | For | For | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
Enhanced shareholder proxy access
| Against | Against | Mgmt |
Issuer: Senior Housing Properties Trust Ticker: SNH CUSIP: 81721M-109 Meeting Date: 5/22/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
The approval, by non-binding vote, of executive compensation | For | For | Mgmt |
Ratify the appointment independent auditors
| For | For | Mgmt |
Issuer: STAG Industrial, Inc. Ticker: STAG CUSIP: 85254J-102 Meeting Date: 4/30/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
Approval of an amendment to the charter to allow stockholders to change the bylaws | For | For | Mgmt |
The approval of the amended and restated 2011 equity incentive plan | For | For | Mgmt |
The approval, by non-binding vote, of executive compensation | For | For | Mgmt |
The recommendation, by non-binding vote, of the frequency of executive compensation votes.
| For | For | Mgmt |
Issuer: Suburban Propane Partners, LP Ticker: SPH CUSIP: 864482-104 Meeting Date: 5/15/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment independent auditors | For | For | Mgmt |
Approval of the 2018 restricted unit plan | For | For | Mgmt |
Advisory vote to approve named executive officer compensation
| For | For | Mgmt |
Issuer: Sun Communities, Inc. Ticker: SUI CUSIP: 866674-104 Meeting Date: 5/17/2018 | |||
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 |
Approve the first amendment to 2004 non-employee director option plan to increase the number of shares authorized under the plan
| For | For | Mgmt |
Issuer: T. Rowe Price Group, Inc. Ticker: TROW CUSIP: 74144T-108 Meeting Date: 4/26/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Approval of a proposed charter amendment to eliminate the provision that limits voting of share ownership to 15% of the outstanding shares | For | For | Mgmt |
Ratify the appointment independent auditors
| For | For | Mgmt |
Issuer: Tanger Factory Outlet Centers, Inc. Ticker: SKT CUSIP: 875465.104 Meeting Date: 5/18/2018 | |||
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: Unilever PLC Ticker: UL CUSIP: 904767-704 Meeting Date: 5/2/2018 | |||
To receive the report and accounts for the year | For | For | Mgmt |
To approve the directors’ remuneration report | For | For | Mgmt |
To approve the directors’ remuneration policy | 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 authorize political donations and expenditure | For | For | Mgmt |
To renew the authority of director to issue shares | For | For | Mgmt |
To renew the authority of directors to dis-apply pre-emption rights | For | For | Mgmt |
To renew the authority to directors to disapply pre-emption rights for the purposes of acquisitions or capital investments | For | For | Mgmt |
To renew the authority to the company to purchase its own shares | For | For | Mgmt |
To shorten the notice period for general meetings
| For | For | Mgmt |
Issuer: United Parcel Service, Inc. Ticker: UPS CUSIP: 911312-106 Meeting Date: 5/10/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Ratify the appointment of independent auditors | For | For | Mgmt |
To prepare an annual report on lobbying activities | Against | Against | Shldr |
To reduce the voting power of class A stock from 10 votes per share to one vote per share | Against | Against | Shldr |
To integrate sustainability metrics into executive compensation
| Against | Against | Shldr |
Issuer: Ventas Inc. Ticker: VTR CUSIP: 92276F-100 Meeting Date: 5/15/2018 | |||
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 |
Issuer: Verizon Communications Inc. Ticker: VZ CUSIP: 26441204-100 Meeting Date: 5/3/2018 | |||
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 |
Special shareowner meetings | Against | Against | Shldr |
Lobbying activities report | Against | Against | Shldr |
Independent chair | Against | Against | Shldr |
Report on cyber security and data privacy | Against | Against | Shldr |
Executive compensation clawback policy | Against | Against | Shldr |
Nonqualified savings plan earnings
| Against | Against | Shldr |
Issuer: Vornado Realty Trust Ticker: VNO CUSIP: 929042-109 Meeting Date: 5/17/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Ratify the appointment of independent auditors | For | For | Mgmt |
Approval of an amendment to the company’s declaration of trust to permit shareholders to vote on amendments to the company’s bylaws to the extent provided in the bylaws and confirm the power of shareholders to vote on certain additional matters | For | For | Mgmt |
Advisory vote to approve named executive officer compensation
| For | For | Mgmt |
Issuer: Washington Real Estate Investment Trust Ticker: WRE CUSIP: 939653-101 Meeting Date: 5/31/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Ratify the appointment of independent auditors
| For | For | Mgmt |
Issuer: WEC Energy Group, Inc. Ticker: WEC CUSIP: 92939U-106 Meeting Date: 5/3/2018 | |||
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 |
Issuer: Wells Fargo & Company Ticker: WFC CUSIP: 949746-101 Meeting Date: 4/24/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Ratify the appointment of independent auditors | For | For | Mgmt |
Special shareowner meetings | Against | Against | Shldr |
Reform executive compensation policy with social responsibility | Against | Against | Shldr |
Report on incentive compensation and risks of material losses
| Against | Against | Shldr |
Issuer: Welltower Inc. Ticker: HCN CUSIP: 95040Q-104 Meeting Date: 5/3/2018 | |||
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 employee stock purchase plan
| For | For | Mgmt |
Issuer: Wheaton Precious Metals Corp. Ticker: WPM CUSIP: 962879-102 Meeting Date: 5/11/2018 | |||
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 |
Issuer: Xcel Energy Inc. Ticker: XEL CUSIP: 98389B-100 Meeting Date: 5/16/2018 | |||
Election of directors | For, all directors | For, all directors | Mgmt |
Advisory vote to approve named executive officer compensation | For | For | Mgmt |
Ratify the appointment of independent auditors
| For | For | Mgmt |
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 L Jones, Sr.
------------------------
Louis L Jones, Sr., President
Date: July 24, 2018