UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549 FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-06445
The Herzfeld Caribbean Basin Fund, Inc.
(Exact name of registrant as specified in charter)
119 Washington Avenue, Suite 504, Miami Beach, FL 33139 | |
(Address of principal executive offices) (Zip code) |
_______________________________________________
(Name and address of agent for service)
Registrant's telephone number, including area code: 305-777-1660
Date of fiscal year end: 6/30
Date of reporting period: July 1, 2021 – June 30, 2022
Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (ss.ss. 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant's proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss. 3507.
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Vote Summary | ||||||
FOMENTO ECONOMICO MEXICANO S.A.B. DE CV | ||||||
Security | 344419106 | Meeting Type | Special | |||
Ticker Symbol | FMX | Meeting Date | 15-Jul-2021 | |||
ISIN | US3444191064 | Agenda | 935466638 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
I | Proposal, discussion and, if applicable, resolution on the modification of the Company's corporate purpose and consequently, to Article 2 of its By-laws. | Management | For | For | ||
II | Proposal, discussion and, if applicable, resolution on the modification of the manner in which the Board of Directors of the Company is installed and how its resolutions are approved and consequently, to Article 28 of its By-laws. | Management | For | For | ||
III | Appointment of delegates for the formalization of the resolutions adopted by the Meeting. | Management | For | For | ||
IV | Reading and, if applicable, approval of the Meeting's minutes. | Management | For | For | ||
BRISTOW GROUP INC. | ||||||
Security | 11040G103 | Meeting Type | Annual | |||
Ticker Symbol | VTOL | Meeting Date | 03-Aug-2021 | |||
ISIN | US11040G1031 | Agenda | 935465270 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1. | DIRECTOR | Management | ||||
1 | Christopher S. Bradshaw | Withheld | Against | |||
2 | Lorin L. Brass | Withheld | Against | |||
3 | Charles Fabrikant | Withheld | Against | |||
4 | Wesley E. Kern | Withheld | Against | |||
5 | Robert J. Manzo | Withheld | Against | |||
6 | G. Mark Mickelson | Withheld | Against | |||
7 | General M. Miller, Ret. | Withheld | Against | |||
8 | Christopher Pucillo | Withheld | Against | |||
9 | Brian D. Truelove | Withheld | Against | |||
2. | Advisory Vote to Approve Named Executive Officer Compensation. | Management | Against | Against | ||
3. | Approval of the 2021 Equity Incentive Plan. | Management | Against | Against | ||
4. | Ratification of KPMG LLP as the Company's Independent Auditors for the Fiscal Year Ending March 31, 2022. | Management | Against | Against | ||
A | U.S. CITIZENSHIP: Please mark "YES" if the stock owned of record or beneficially by you is owned and controlled ONLY by U.S. citizens (as defined in the proxy statement), or mark "NO" if such stock is owned or controlled by any person who is NOT a U.S. citizen. | Management | For | For | ||
SPANISH BROADCASTING SYSTEM, INC. | ||||||
Security | 846425833 | Meeting Type | Annual | |||
Ticker Symbol | SBSAA | Meeting Date | 10-Nov-2021 | |||
ISIN | US8464258339 | Agenda | 935500480 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1. | DIRECTOR | Management | ||||
1 | Raúl Alarcón | Withheld | Against | |||
2 | Joseph A. García | Withheld | Against | |||
3 | Manuel E. Machado | Withheld | Against | |||
4 | Jason L. Shrinsky | Withheld | Against | |||
5 | José A. Villamil | Withheld | Against | |||
6 | Mitchell A. Yelen | Withheld | Against | |||
SIDERURGICA VENEZOLANA SIVENSA, S.A. | ||||||
Security | 825865702 | Meeting Type | Annual | |||
Ticker Symbol | SDNWY | Meeting Date | 03-Dec-2021 | |||
ISIN | US8258657027 | Agenda | 935521890 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1. | To consider and resolve, in view of the Reports of the Internal Comptrollers, about the financial statements submitted by the Board of Directors corresponding to the fiscal year ended on September 30, 2021, as well as to consider and resolve about the Report of the Board of Directors. | Management | For | For | ||
2. | To consider and resolve about the appointment of the Principal and Alternate Members of the Board of Directors. | Management | For | For | ||
3. | To consider and resolve about the appointment of the Principal Internal Comptrollers and their respective Alternates, as well as their annual compensation. | Management | For | For | ||
4. | To consider and resolve about the appointment of the Principal and Alternate Judicial Representatives. | Management | For | For | ||
5. | To Consider and resolve about the increase of the Company's Share Capital, based on the proposal presented by the Board of Directors, subject to the approval of the National Securities Superintendency, and if approved, to amend Article Four (Capital and Shares) of the Company Articles of Incorporation - Bylaws. | Management | For | For | ||
6. | If the previous matter is approved, to consider and resolve about merging the Company Articles of Incorporation - Bylaws in a single text, incorporating the aforementioned amendment. | Management | For | For | ||
CEMEX, S.A.B. DE C.V. | ||||||
Security | 151290889 | Meeting Type | Annual | |||
Ticker Symbol | CX | Meeting Date | 24-Mar-2022 | |||
ISIN | US1512908898 | Agenda | 935560462 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1 | PRESENTATION OF THE CHIEF EXECUTIVE OFFICER'S REPORT, INCLUDING CEMEX'S FINANCIAL STATEMENTS, RESULTS OF OPERATIONS, REPORT OF CASH FLOW AND VARIATIONS OF CAPITAL STOCK, AND PRESENTATION OF THE BOARD OF DIRECTORS' REPORT, FOR THE FISCAL YEAR 2021, AS REQUIRED BY THE MEXICAN SECURITIES MARKET LAW (LEY DEL MERCADO DE VALORES); AND, AFTER HEARING THE OPINION OF THE BOARD OF DIRECTORS AS TO THE REPORTS BY THE CHIEF EXECUTIVE OFFICER, BY THE AUDIT, CORPORATE PRACTICES AND FINANCE, AND SUSTAINABILITY ..(Due to space limits, see proxy material for full proposal) | Management | For | For | ||
2 | PROPOSAL OF ALLOCATION OF PROFITS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2021. | Management | For | For | ||
3 | PROPOSAL TO DETERMINE THE AMOUNT OF THE RESERVE FOR THE ACQUISITION OF CEMEX'S SHARES OR OTHER INSTRUMENTS REPRESENTING SUCH SHARES. | Management | For | For | ||
4AA | APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Rogelio Zambrano Lozano (Chairman) | Management | Abstain | Against | ||
4AB | APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Fernando A. González Olivieri | Management | Abstain | Against | ||
4AC | APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF TH BOARD OF DIRECTOR: Marcelo Zambrano Lozano | Management | Abstain | Against | ||
4AD | APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Armando J. García Segovia | Management | Abstain | Against | ||
4AE | APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Rodolfo García Muriel | Management | Abstain | Against | ||
4AF | APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Francisco Javier Fernández Carbajal | Management | Abstain | Against | ||
4AG | APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Armando Garza Sada | Management | Abstain | Against | ||
4AH | APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: David Martínez Guzmán | Management | Abstain | Against | ||
4AI | APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Everardo Elizondo Almaguer | Management | Abstain | Against | ||
4AJ | APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Ramiro Gerardo Villarreal Morales | Management | Abstain | Against | ||
4AK | APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Gabriel Jaramillo Sanint | Management | Abstain | Against | ||
4AL | APPOINTMENT OF MEMBERS, CHAIRMAN AND SECRETARY OF THE BOARD OF DIRECTOR: Isabel María Aguilera Navarro | Management | Abstain | Against | ||
4B | Members of Audit Committee; Corporate Practices and Finance Committee; Sustainability Committee; and Secretary and Alternate Secretary of the Board of Directors, Audit Committee, Corporate Practices and Finance Committee and Sustainability Committee. | Management | Abstain | Against | ||
5 | COMPENSATION OF THE MEMBERS OF THE BOARD OF DIRECTORS AND OF THE AUDIT, CORPORATE PRACTICES AND FINANCE, AND SUSTAINABILITY COMMITTEES. | Management | For | For | ||
6 | APPOINTMENT OF DELEGATE(S) RESPONSIBLE FOR FORMALIZING THE RESOLUTIONS ADOPTED AT THE MEETING. | Management | For | For | ||
E1 | PROPOSAL TO SPECIFY CEMEX'S CORPORATE PURPOSE AND THE ACTIVITIES THAT CEMEX MAY PERFORM IN ORDER TO FULFILL ITS CORPORATE PURPOSE, CONSEQUENTLY AMENDING ARTICLE 2 OF CEMEX'S BY-LAWS; AND, IN THE EVENT OF APPROVAL, THE AUTHORIZATION TO PROCEED WITH THE CERTIFICATION OF THE RESTATED BY-LAWS. | Management | For | For | ||
E2 | APPOINTMENT OF DELEGATE(S) RESPONSIBLE FOR FORMALIZING THE RESOLUTIONS ADOPTED AT THE MEETING. | Management | For | For | ||
CARNIVAL CORPORATION | ||||||
Security | 143658300 | Meeting Type | Annual | |||
Ticker Symbol | CCL | Meeting Date | 08-Apr-2022 | |||
ISIN | PA1436583006 | Agenda | 935551160 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1. | To re-elect Micky Arison as a Director of Carnival Corporation and as a Director of Carnival plc. | Management | For | For | ||
2. | To re-elect Sir Jonathon Band as a Director of Carnival Corporation and as a Director of Carnival plc. | Management | For | For | ||
3. | To re-elect Jason Glen Cahilly as a Director of Carnival Corporation and as a Director of Carnival plc. | Management | For | For | ||
4. | To re-elect Helen Deeble as a Director of Carnival Corporation and as a Director of Carnival plc. | Management | Against | Against | ||
5. | To re-elect Arnold W. Donald as a Director of Carnival Corporation and as a Director of Carnival plc. | Management | For | For | ||
6. | To re-elect Jeffery J. Gearhart as a Director of Carnival Corporation and as a Director of Carnival plc. | Management | For | For | ||
7. | To re-elect Richard J. Glasier as a Director of Carnival Corporation and as a Director of Carnival plc. | Management | Against | Against | ||
8. | To re-elect Katie Lahey as a Director of Carnival Corporation and as a Director of Carnival plc. | Management | For | For | ||
9. | To re-elect Sir John Parker as a Director of Carnival Corporation and as a Director of Carnival plc. | Management | For | For | ||
10. | To re-elect Stuart Subotnick as a Director of Carnival Corporation and as a Director of Carnival plc. | Management | For | For | ||
11. | To re-elect Laura Weil as a Director of Carnival Corporation and as a Director of Carnival plc. | Management | Against | Against | ||
12. | To re-elect Randall J. Weisenburger as a Director of Carnival Corporation and as a Director of Carnival plc. | Management | Against | Against | ||
13. | To hold a (non-binding) advisory vote to approve executive compensation (in accordance with legal requirements applicable to U.S. companies). | Management | Against | Against | ||
14. | To hold a (non-binding) advisory vote to approve the Carnival plc Directors' Remuneration Report (in accordance with legal requirements applicable to UK companies). | Management | For | For | ||
15. | To re-appoint the UK firm of PricewaterhouseCoopers LLP as independent auditors of Carnival plc and to ratify the selection of the U.S. firm of PricewaterhouseCoopers LLP as the independent registered public accounting firm of Carnival Corporation. | Management | For | For | ||
16. | To authorize the Audit Committee of Carnival plc to determine the remuneration of the independent auditors of Carnival plc (in accordance with legal requirements applicable to UK companies) | Management | For | For | ||
17. | To receive the UK accounts and reports of the Directors and auditors of Carnival plc for the year ended November 30, 2021 (in accordance with legal requirements applicable to UK companies). | Management | For | For | ||
18. | To approve the giving of authority for the allotment of new shares by Carnival plc (in accordance with customary practice for UK companies). | Management | Against | Against | ||
19. | To approve the disapplication of pre- emption rights in relation to the allotment of new shares by Carnival plc (in accordance with customary practice for UK companies). | Management | For | For | ||
20. | To approve a general authority for Carnival plc to buy back Carnival plc ordinary shares in the open market (in accordance with legal requirements applicable to UK companies desiring to implement share buy back programs). | Management | For | For | ||
FOMENTO ECONOMICO MEXICANO S.A.B. DE CV | ||||||
Security | 344419106 | Meeting Type | Annual | |||
Ticker Symbol | FMX | Meeting Date | 08-Apr-2022 | |||
ISIN | US3444191064 | Agenda | 935569143 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1. | Report of the chief executive officer of the Company, which ...(due to space limits, see proxy material for full proposal). | Management | Against | Against | ||
2. | Application of the results for the 2021 fiscal year of the Company, which will include a dividend declaration and payment in cash, in Mexican pesos. | Management | For | For | ||
3. | Determination of the maximum amount to be allocated for the Company's stock repurchase fund kept pursuant to article 56 subsection IV of the Law. | Management | For | For | ||
4A. | Election of the member of the Board of Directors (Series'B'): José Antonio Fernández Carbajal | Management | Against | Against | ||
4B. | Election of the member of the Board of Directors (Series'B'): Francisco Javier Fernández Carbajal | Management | Against | Against | ||
4C. | Election of the member of the Board of Directors (Series'B'): Eva María Garza Lagüera Gonda | Management | Against | Against | ||
4D. | Election of the member of the Board of Directors (Series'B'): Mariana Garza Lagüera Gonda | Management | Against | Against | ||
4E. | Election of the member of the Board of Directors (Series'B'): José Fernando Calderón Rojas | Management | Against | Against | ||
4F. | Election of the member of the Board of Directors (Series'B'): Alfonso Garza Garza | Management | Against | Against | ||
4G. | Election of the member of the Board of Directors (Series'B'): Bertha Paula Michel González | Management | Against | Against | ||
4H. | Election of the member of the Board of Directors (Series'B'): Alejandro Bailléres Gual | Management | Against | Against | ||
4I. | Election of the member of the Board of Directors (Series'B'): Ricardo Guajardo Touché | Management | Against | Against | ||
4J. | Election of the member of the Board of Directors (Series'B'): Paulina Garza Lagüera Gonda | Management | Against | Against | ||
4K. | Election of the member of the Board of Directors (Series'B'): Robert Edwin Denham | Management | Against | Against | ||
4L. | Election of the member of the Board of Directors (Series'B'): Michael Larson | Management | Against | Against | ||
4M. | Election of the member of the Board of Directors (Series'D'): Ricardo E. Saldívar Escajadillo | Management | Against | Against | ||
4N. | Election of the member of the Board of Directors (Series'D'): Alfonso González Migoya | Management | Against | Against | ||
4O. | Election of the member of the Board of Directors (Series'D'): Enrique F. Senior Hernandez | Management | Against | Against | ||
4P. | Election of the member of the Board of Directors (Series'D'): Víctor Alberto Tiburcio Celorio | Management | Against | Against | ||
4Q. | Election of the member of the Board of Directors (Series'D'): Jaime A. El Koury | Management | Against | Against | ||
4R. | Election of the member of the Board of Alternate Directors (Series'D'): Michael Kahn | Management | Against | Against | ||
4S. | Election of the member of the Board of Alternate Directors (Series'D'): Francisco Zambrano Rodríguez | Management | Against | Against | ||
5. | Resolution with respect to the remuneration of the members of ..Due to space limits, see proxy material for full proposal. | Management | For | For | ||
6. | Election of members of the following Committees of the Company: (i) Operations and Strategy, (ii) Audit, and (iii) Corporate Practices and Nominations; appointment of each of their respective chairman, and resolution with respect to their remuneration. | Management | For | For | ||
7. | Appointment of delegates for the formalization of the Meeting's resolutions. | Management | For | For | ||
8. | Reading and, if applicable, approval of the Meeting's minute. | Management | For | For | ||
LENNAR CORPORATION | ||||||
Security | 526057104 | Meeting Type | Annual | |||
Ticker Symbol | LEN | Meeting Date | 12-Apr-2022 | |||
ISIN | US5260571048 | Agenda | 935554774 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1A. | Election of Director to serve until the 2023 Annual Meeting: Amy Banse | Management | For | For | ||
1B. | Election of Director to serve until the 2023 Annual Meeting: Rick Beckwitt | Management | For | For | ||
1C. | Election of Director to serve until the 2023 Annual Meeting: Steven L. Gerard | Management | Against | Against | ||
1D. | Election of Director to serve until the 2023 Annual Meeting: Tig Gilliam | Management | Against | Against | ||
1E. | Election of Director to serve until the 2023 Annual Meeting: Sherrill W. Hudson | Management | Against | Against | ||
1F. | Election of Director to serve until the 2023 Annual Meeting: Jonathan M. Jaffe | Management | For | For | ||
1G. | Election of Director to serve until the 2023 Annual Meeting: Sidney Lapidus | Management | For | For | ||
1H. | Election of Director to serve until the 2023 Annual Meeting: Teri P. McClure | Management | Against | Against | ||
1I. | Election of Director to serve until the 2023 Annual Meeting: Stuart Miller | Management | For | For | ||
1J. | Election of Director to serve until the 2023 Annual Meeting: Armando Olivera | Management | For | For | ||
1K. | Election of Director to serve until the 2023 Annual Meeting: Jeffrey Sonnenfeld | Management | For | For | ||
2. | Approval, on an advisory basis, of the compensation of our named executive officers. | Management | Against | Against | ||
3. | Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for our fiscal year ending November 30, 2022. | Management | For | For | ||
4. | Approval of the Lennar Corporation 2016 Equity Incentive Plan, as Amended and Restated. | Management | Against | Against | ||
5. | Approval of a stockholder proposal to reduce the common stock ownership threshold to call a special meeting. | Shareholder | For | Against | ||
GRUPO AEROPORTUARIO DEL SURESTE SA DE CV | ||||||
Security | 40051E202 | Meeting Type | Annual | |||
Ticker Symbol | ASR | Meeting Date | 20-Apr-2022 | |||
ISIN | US40051E2028 | Agenda | 935586428 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1A | Report of the Chief Executive Officer, in accordance with Article 172 of the General Corporations Law and of Article 44, subsection XI, of the Securities Market Law ("Ley del Mercado de Valores"), accompanied by the independent auditor's report, in connection with the operations and results for the fiscal year ended the 31st of December 2021, as well as the Board of Directors' opinion of the content of such report. | Management | For | For | ||
1B | Report of the Board of Directors in accordance with Article 172, subsection b, of the General Corporations Law, which contains the main policies, as well as the accounting and reporting criteria followed in the preparation of the financial information of the Company. | Management | For | For | ||
1C | Report of the activities and operations in which the Board of Directors intervened, in accordance with Article 28 IV (e) of the Securities Market Law. | Management | For | For | ||
1D | Individual and consolidated financial statements of the Company for the fiscal year ended December 31, 2021. | Management | For | For | ||
1E | Annual report on the activities carried out by the Audit Committee of the Company in accordance with Article 43 of the Securities Market Law and report on the Company's subsidiaries. | Management | For | For | ||
1F | Report on compliance with the tax obligations of the Company for the fiscal year ended December 31, 2020, in accordance with Article 76, section XIX of the Income Tax Law ("Ley del Impuesto sobre la Renta"). | Management | For | For | ||
2A | Proposal for increase of the legal reserve by Ps. 295,856,740.47. | Management | For | For | ||
2B. | Proposal by the Board of Directors to pay an ordinary net dividend in cash from accumulated retained earnings in the amount of $9.03 (nine pesos and three cents, Mexican legal tender) and an extraordinary net dividend in cash from accumulated retained earnings in the amount of $6.00 (six pesos and zero cents, Mexican legal tender) for each of the ordinary "B" and "BB" Series shares. | Management | For | For | ||
2C | Proposal and, if applicable, approval of the amount of Ps. 1,112,278,069.01 as the maximum amount that may be used by the Company to repurchase its shares in 2022 pursuant to Article 56 of the Securities Market Law; proposal and, if applicable, approval of the provisions and policies regarding the repurchase of Company shares. | Management | For | For | ||
3A | Administration by the Board of Directors and the Chief Executive Officer for the fiscal year of 2021. | Management | For | For | ||
3BA | Appointment of Director: Fernando Chico Pardo (President) | Management | Against | Against | ||
3BB | Appointment of Director: José Antonio Pérez Antón | Management | Against | Against | ||
3BC | Appointment of Director: Pablo Chico Hernández | Management | Against | Against | ||
3BD | Appointment of Director: Aurelio Pérez Alonso | Management | Against | Against | ||
3BE | Appointment of Director: Rasmus Christiansen | Management | Against | Against | ||
3BF | Appointment of Director: Francisco Garza Zambrano | Management | Against | Against | ||
3BG | Appointment of Director: Ricardo Guajardo Touché | Management | Against | Against | ||
3BH | Appointment of Director: Guillermo Ortiz Martínez | Management | Against | Against | ||
3BI | Appointment of Director: Bárbara Garza Lagüera Gonda | Management | Against | Against | ||
3BJ | Appointment of Director: Heliane Steden | Management | Against | Against | ||
3BK | Appointment of Director: Diana M. Chavez | Management | Against | Against | ||
3BL | Appointment of Director: Rafael Robles Miaja (Secretary) | Management | For | For | ||
3BM | Appointment of Director: Ana María Poblanno Chanona (Deputy Secretary) | Management | For | For | ||
3CA | Appointment or ratification, as applicable, of the Chairperson of the Audit Committee: Ricardo Guajardo Touché | Management | Against | Against | ||
3DA | Appointment or ratification, as applicable, of the persons who serve or will serve on the Nominations and Compensations Committee of the Company: Bárbara Garza Lagüera Gonda (President) | Management | Against | Against | ||
3DB | Appointment or ratification, as applicable, of the persons who serve or will serve on the Nominations and Compensations Committee of the Company: Fernando Chico Pardo | Management | Against | Against | ||
3DC | Appointment or ratification, as applicable, of the persons who serve or will serve on the Nominations and Compensations Committee of the Company: José Antonio Pérez Antón | Management | Against | Against | ||
3EA | Determination of corresponding compensations of Board of Directors: Ps. 77,600.00(net of taxes in Mexican legal tender) | Management | For | For | ||
3EB | Determination of corresponding compensations of Operations Committee: Ps. 77,600.00(net of taxes in Mexican legal tender) | Management | For | For | ||
3EC | Determination of corresponding compensations of Nominations & Compensations Committee: Ps. 77,600.00(net of taxes in Mexican legal tender) | Management | For | For | ||
3ED | Determination of corresponding compensations of Audit Committee: Ps. 110,000.00(net of taxes in Mexican legal tender) | Management | For | For | ||
3EE | Determination of corresponding compensations of Acquisitions & Contracts Committee: Ps. 25,900.00(net of taxes in Mexican legal tender) | Management | For | For | ||
4A | Appointment of delegates in order to enact the resolutions adopted at the Meeting and, if applicable, to formalize such resolutions: Claudio R. Góngora Morales | Management | For | For | ||
4B | Appointment of delegates in order to enact the resolutions adopted at the Meeting and, if applicable, to formalize such resolutions: Rafael Robles Miaja | Management | For | For | ||
4C | Appointment of delegates in order to enact the resolutions adopted at the Meeting and, if applicable, to formalize such resolutions: Ana María Poblanno Chanona | Management | For | For | ||
AMERICA MOVIL, S.A.B. DE C.V. | ||||||
Security | 02364W105 | Meeting Type | Special | |||
Ticker Symbol | AMX | Meeting Date | 20-Apr-2022 | |||
ISIN | US02364W1053 | Agenda | 935595516 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
IA | Appointment or, as the case may be, ratification of the following person as members of the Board of Directors of the Company that the holders of Series "L" shares are entitled to appoint: Pablo Roberto González Guajardo. Adoption of resolutions thereon. | Management | Against | Against | ||
IB | Appointment or, as the case may be, ratification of the following person as members of the Board of Directors of the Company that the holders of Series "L" shares are entitled to appoint: Claudia Jañez Sánchez. Adoption of resolutions thereon. | Management | Against | Against | ||
II | Appointment of delegates to execute and, if applicable, formalize the resolutions adopted by the meeting. Adoption of resolutions thereon. | Management | For | For | ||
AMERICA MOVIL, S.A.B. DE C.V. | ||||||
Security | 02364W105 | Meeting Type | Special | |||
Ticker Symbol | AMX | Meeting Date | 20-Apr-2022 | |||
ISIN | US02364W1053 | Agenda | 935608856 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
IA | Appointment or, as the case may be, ratification of the following person as members of the Board of Directors of the Company that the holders of Series "L" shares are entitled to appoint: Pablo Roberto González Guajardo. Adoption of resolutions thereon. | Management | Against | Against | ||
IB | Appointment or, as the case may be, ratification of the following person as members of the Board of Directors of the Company that the holders of Series "L" shares are entitled to appoint: Claudia Jañez Sánchez. Adoption of resolutions thereon. | Management | Against | Against | ||
II | Appointment of delegates to execute and, if applicable, formalize the resolutions adopted by the meeting. Adoption of resolutions thereon. | Management | For | For | ||
SEABOARD CORPORATION | ||||||
Security | 811543107 | Meeting Type | Annual | |||
Ticker Symbol | SEB | Meeting Date | 25-Apr-2022 | |||
ISIN | US8115431079 | Agenda | 935564333 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1. | DIRECTOR | Management | ||||
1 | Ellen S. Bresky | Withheld | Against | |||
2 | David A. Adamsen | Withheld | Against | |||
3 | Douglas W. Baena | Withheld | Against | |||
4 | Paul M. Squires | Withheld | Against | |||
5 | Frances B. Shifman | Withheld | Against | |||
2. | Ratify the appointment of KPMG LLP as independent auditors of the Company. | Management | For | For | ||
BANCO LATINOAMERICANO DE COMERCIO EXT. | ||||||
Security | P16994132 | Meeting Type | Annual | |||
Ticker Symbol | BLX | Meeting Date | 27-Apr-2022 | |||
ISIN | PAP169941328 | Agenda | 935576910 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1. | To approve the Bank's audited consolidated financial statements for the fiscal year ended December 31, 2021. | Management | For | For | ||
2. | To ratify the appointment of KPMG as the Bank's independent registered public accounting firm for the fiscal year ending December 31, 2022. | Management | For | For | ||
3A. | Election of Director: Ricardo Manuel Arango | Management | For | For | ||
3B. | Election of Director: Roland Holst | Management | For | For | ||
3C. | Election of Director: Lorenza Martinez | Management | For | For | ||
4. | To approve, on an advisory basis, the compensation of the Bank's executive officers. | Management | For | For | ||
CARIBBEAN UTILITIES COMPANY, LTD. | ||||||
Security | G1899E146 | Meeting Type | Annual and Special Meeting | |||
Ticker Symbol | CUPUF | Meeting Date | 10-May-2022 | |||
ISIN | KYG1899E1465 | Agenda | 935577962 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1 | DIRECTOR | Management | ||||
1 | Jennifer P. Dilbert | For | For | |||
2 | Sheree L. Ebanks | For | For | |||
3 | Woodrow S. Foster | For | For | |||
4 | Jennifer Frizzelle | For | For | |||
5 | Susan M. Gray | For | For | |||
6 | Sophia Harris | For | For | |||
7 | R. Scott Hawkes | For | For | |||
8 | J. F. Richard Hew | For | For | |||
9 | Gretchen Holloway | For | For | |||
10 | Mark Macfee | For | For | |||
11 | Gary J. Smith | For | For | |||
2 | Appointment of Deloitte LLP as Auditors | Management | For | For | ||
3 | Resolution to approve the amendment of the Articles | Management | For | For | ||
POPULAR, INC. | ||||||
Security | 733174700 | Meeting Type | Annual | |||
Ticker Symbol | BPOP | Meeting Date | 12-May-2022 | |||
ISIN | PR7331747001 | Agenda | 935575007 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1A) | Election of Class 1 Director for a one year term: Alejandro M. Ballester | Management | For | For | ||
1B) | Election of Class 1 Director for a one year term: Richard L. Carrión | Management | For | For | ||
1C) | Election of Class 1 Director for a one year term: Betty DeVita | Management | For | For | ||
1D) | Election of Class 1 Director for a one year term: Carlos A. Unanue | Management | For | For | ||
1E) | Election of Class 2 Director for a one year term: Joaquín E. Bacardí, III | Management | For | For | ||
1F) | Election of Class 2 Director for a one year term: Robert Carrady | Management | For | For | ||
1G) | Election of Class 2 Director for a one year term: John W. Diercksen | Management | For | For | ||
1H) | Election of Class 2 Director for a one year term: Myrna M. Soto | Management | For | For | ||
1I) | Election of Class 3 Director for a one year term: José R. Rodríguez | Management | For | For | ||
2) | Approve, on an advisory basis, the Corporation's executive compensation. | Management | For | For | ||
3) | Ratify the appointment of PricewaterhouseCoopers LLP as Popular, Inc.'s independent registered public accounting firm for 2022. | Management | For | For | ||
MARTIN MARIETTA MATERIALS, INC. | ||||||
Security | 573284106 | Meeting Type | Annual | |||
Ticker Symbol | MLM | Meeting Date | 12-May-2022 | |||
ISIN | US5732841060 | Agenda | 935620799 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1a. | Election of Director: Dorothy M. Ables | Management | For | For | ||
1b. | Election of Director: Sue W. Cole | Management | For | For | ||
1c. | Election of Director: Smith W. Davis | Management | For | For | ||
1d. | Election of Director: Anthony R. Foxx | Management | For | For | ||
1e. | Election of Director: John J. Koraleski | Management | For | For | ||
1f. | Election of Director: C. Howard Nye | Management | Against | Against | ||
1g. | Election of Director: Laree E. Perez | Management | For | For | ||
1h. | Election of Director: Thomas H. Pike | Management | For | For | ||
1i. | Election of Director: Michael J. Quillen | Management | For | For | ||
1j. | Election of Director: Donald W. Slager | Management | For | For | ||
1k. | Election of Director: David C. Wajsgras | Management | For | For | ||
2. | Ratification of appointment of PricewaterhouseCoopers as independent auditors. | Management | For | For | ||
3. | Approval, by a non-binding advisory vote, of the compensation of Martin Marietta Materials, Inc.'s named executive officers. | Management | Against | Against | ||
VULCAN MATERIALS COMPANY | ||||||
Security | 929160109 | Meeting Type | Annual | |||
Ticker Symbol | VMC | Meeting Date | 13-May-2022 | |||
ISIN | US9291601097 | Agenda | 935571491 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1A. | Election of Director: Kathleen L. Quirk | Management | Against | Against | ||
1B. | Election of Director: David P. Steiner | Management | Against | Against | ||
1C. | Election of Director: Lee J. Styslinger, III | Management | Against | Against | ||
2. | Approval, on an advisory basis, of the compensation of our named executive officers. | Management | For | For | ||
3. | Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for 2022. | Management | For | For | ||
MARRIOTT VACATIONS WORLDWIDE CORPORATION | ||||||
Security | 57164Y107 | Meeting Type | Annual | |||
Ticker Symbol | VAC | Meeting Date | 13-May-2022 | |||
ISIN | US57164Y1073 | Agenda | 935577885 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1. | DIRECTOR | Management | ||||
1 | Raymond L. Gellein, Jr. | Withheld | Against | |||
2 | Dianna F. Morgan | Withheld | Against | |||
3 | Jonice Gray Tucker | For | For | |||
2. | Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for its 2022 fiscal year. | Management | For | For | ||
3. | Advisory vote to approve named executive officer compensation. | Management | Against | Against | ||
NEXTERA ENERGY, INC. | ||||||
Security | 65339F101 | Meeting Type | Annual | |||
Ticker Symbol | NEE | Meeting Date | 19-May-2022 | |||
ISIN | US65339F1012 | Agenda | 935583092 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1A. | Election of Director: Sherry S. Barrat | Management | Against | Against | ||
1B. | Election of Director: James L. Camaren | Management | Against | Against | ||
1C. | Election of Director: Kenneth B. Dunn | Management | For | For | ||
1D. | Election of Director: Naren K. Gursahaney | Management | For | For | ||
1E. | Election of Director: Kirk S. Hachigian | Management | Against | Against | ||
1F. | Election of Director: John W. Ketchum | Management | For | For | ||
1G. | Election of Director: Amy B. Lane | Management | Against | Against | ||
1H. | Election of Director: David L. Porges | Management | For | For | ||
1I. | Election of Director: James L. Robo | Management | For | For | ||
1J. | Election of Director: Rudy E. Schupp | Management | For | For | ||
1K. | Election of Director: John L. Skolds | Management | For | For | ||
1L. | Election of Director: John Arthur Stall | Management | For | For | ||
1M. | Election of Director: Darryl L. Wilson | Management | Against | Against | ||
2. | Ratification of appointment of Deloitte & Touche LLP as NextEra Energy's independent registered public accounting firm for 2022 | Management | For | For | ||
3. | Approval, by non-binding advisory vote, of NextEra Energy's compensation of its named executive officers as disclosed in the proxy statement | Management | Against | Against | ||
4. | A proposal entitled "Board Matrix" to request disclosure of a Board skills matrix | Shareholder | For | Against | ||
5. | A proposal entitled "Diversity Data Reporting" to request quantitative employee diversity data | Shareholder | For | Against | ||
MASTEC, INC. | ||||||
Security | 576323109 | Meeting Type | Annual | |||
Ticker Symbol | MTZ | Meeting Date | 19-May-2022 | |||
ISIN | US5763231090 | Agenda | 935587658 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1. | DIRECTOR | Management | ||||
1 | C. Robert Campbell | For | For | |||
2 | Robert J. Dwyer | For | For | |||
3 | Ava L. Parker | For | For | |||
2. | Ratification of the appointment of BDO USA, LLP as our independent registered public accounting firm for 2022. | Management | For | For | ||
3. | Approval of a non-binding advisory resolution regarding the compensation of our named executive officers. | Management | For | For | ||
EVERTEC, INC. | ||||||
Security | 30040P103 | Meeting Type | Annual | |||
Ticker Symbol | EVTC | Meeting Date | 20-May-2022 | |||
ISIN | PR30040P1032 | Agenda | 935585060 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1A. | Election of director: Frank G. D'Angelo | Management | For | For | ||
1B. | Election of director: Morgan M. Schuessler, Jr. | Management | For | For | ||
1C. | Election of director: Kelly Barrett | Management | For | For | ||
1D. | Election of director: Olga Botero | Management | For | For | ||
1E. | Election of director: Jorge A. Junquera | Management | Withheld | Against | ||
1F. | Election of director: Iván Pagán | Management | For | For | ||
1G. | Election of director: Aldo J. Polak | Management | Withheld | Against | ||
1H. | Election of director: Alan H. Schumacher | Management | Withheld | Against | ||
1I. | Election of director: Brian J. Smith | Management | Withheld | Against | ||
2. | Advisory Vote on Executive Compensation. | Management | For | For | ||
3. | Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm. | Management | For | For | ||
4. | Approval of the Evertec, Inc. 2022 Equity Incentive Plan. | Management | For | For | ||
FIRST BANCORP | ||||||
Security | 318672706 | Meeting Type | Annual | |||
Ticker Symbol | FBP | Meeting Date | 20-May-2022 | |||
ISIN | PR3186727065 | Agenda | 935591429 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1A. | Election of Director: Juan Acosta Reboyras | Management | For | For | ||
1B. | Election of Director: Aurelio Alemàn | Management | For | For | ||
1C. | Election of Director: Luz A. Crespo | Management | For | For | ||
1D. | Election of Director: Tracey Dedrick | Management | For | For | ||
1E. | Election of Director: Patricia M. Eaves | Management | For | For | ||
1F. | Election of Director: Daniel E. Frye | Management | For | For | ||
1G. | Election of Director: John A. Heffern | Management | For | For | ||
1H. | Election of Director: Roberto R. Herencia | Management | For | For | ||
1I. | Election of Director: Félix M. Villamil | Management | For | For | ||
2. | To approve on a non-binding basis the 2021 compensation of First BanCorp's named executive officers. | Management | For | For | ||
3. | To ratify the appointment of Crowe LLP as our independent registered public accounting firm for our 2022 fiscal year. | Management | For | For | ||
CONSOLIDATED WATER CO. LTD. | ||||||
Security | G23773107 | Meeting Type | Annual | |||
Ticker Symbol | CWCO | Meeting Date | 23-May-2022 | |||
ISIN | KYG237731073 | Agenda | 935602020 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1. | DIRECTOR | Management | ||||
1 | Linda Beidler-D'Aguilar | For | For | |||
2 | Brian E. Butler | Withheld | Against | |||
2. | The approval of a Special Resolution, attached as Exhibit A to the Proxy Statement, adopting amendments to the Company's Memorandum of Association to: (a) update references therein from The Companies Law (1998 Revision) to The Companies Act (Revised); and (b) add the postal code for the Company's registered office. | Management | For | For | ||
3. | The approval of a Special Resolution, attached as Exhibit B to the Proxy Statement, adopting amendments to the Company's Articles of Association. | Management | For | For | ||
4. | The approval of a Special Resolution, attached as Exhibit C to the Proxy Statement, that directors elected as Group I, Group II or Group III directors of the Company shall be re-designated as directors of the Company. | Management | For | For | ||
5. | The approval of a Special Resolution, attached as Exhibit D to the Proxy Statement, adopting an Amended and Restated Memorandum of Association and an Amended and Restated Articles of Association of the Company incorporating any and all amendments approved by Special Resolution in Proposals 2 - 3. | Management | For | For | ||
6. | An advisory vote on executive compensation. | Management | For | For | ||
7. | The ratification of the selection of Marcum LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022, at the remuneration to be determined by the Audit Committee of the Board of Directors. | Management | For | For | ||
ROYAL CARIBBEAN CRUISES LTD. | ||||||
Security | V7780T103 | Meeting Type | Annual | |||
Ticker Symbol | RCL | Meeting Date | 02-Jun-2022 | |||
ISIN | LR0008862868 | Agenda | 935615445 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1a. | Election of Director: John F. Brock | Management | Against | Against | ||
1b. | Election of Director: Richard D. Fain | Management | Against | Against | ||
1c. | Election of Director: Stephen R. Howe, Jr. | Management | Against | Against | ||
1d. | Election of Director: William L. Kimsey | Management | Against | Against | ||
1e. | Election of Director: Michael O. Leavitt | Management | For | For | ||
1f. | Election of Director: Jason T. Liberty | Management | For | For | ||
1g. | Election of Director: Amy McPherson | Management | For | For | ||
1h. | Election of Director: Maritza G. Montiel | Management | For | For | ||
1i. | Election of Director: Ann S. Moore | Management | For | For | ||
1j. | Election of Director: Eyal M. Ofer | Management | Against | Against | ||
1k. | Election of Director: William K. Reilly | Management | For | For | ||
1l. | Election of Director: Vagn O. Sørensen | Management | For | For | ||
1m. | Election of Director: Donald Thompson | Management | For | For | ||
1n. | Election of Director: Arne Alexander Wilhelmsen | Management | Against | Against | ||
2. | Advisory approval of the Company's compensation of its named executive officers. | Management | Against | Against | ||
3. | Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2022. | Management | For | For | ||
4. | Approval of Amended and Restated 2008 Equity Incentive Plan. | Management | For | For | ||
PGT INNOVATIONS, INC. | ||||||
Security | 69336V101 | Meeting Type | Annual | |||
Ticker Symbol | PGTI | Meeting Date | 10-Jun-2022 | |||
ISIN | US69336V1017 | Agenda | 935629432 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1. | DIRECTOR | Management | ||||
1 | Xavier F. Boza | For | For | |||
2 | Alexander R. Castaldi | For | For | |||
3 | William J. Morgan | Withheld | Against | |||
2. | To approve the compensation of our Named Executive Officers on an advisory basis. | Management | For | For | ||
3. | To approve the amendment and restatement of the 2019 Equity and Incentive Compensation Plan. | Management | For | For | ||
4. | To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the 2022 fiscal year. | Management | For | For | ||
NEW FORTRESS ENERGY INC | ||||||
Security | 644393100 | Meeting Type | Annual | |||
Ticker Symbol | NFE | Meeting Date | 15-Jun-2022 | |||
ISIN | US6443931000 | Agenda | 935632340 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1. | DIRECTOR | Management | ||||
1 | Desmond Iain Catterall | Withheld | Against | |||
2 | Wesley R. Edens | Withheld | Against | |||
3 | Randal A. Nardone | Withheld | Against | |||
2. | To ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm for New Fortress Energy Inc. for fiscal year 2022. | Management | For | For | ||
AERSALE CORPORATION | ||||||
Security | 00810F106 | Meeting Type | Annual | |||
Ticker Symbol | ASLE | Meeting Date | 15-Jun-2022 | |||
ISIN | US00810F1066 | Agenda | 935634091 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1a. | Election of Director: Nicolas Finazzo | Management | Against | Against | ||
1b. | Election of Director: Robert B. Nichols | Management | Against | Against | ||
1c. | Election of Director: Sai S. Devabhaktuni | Management | Against | Against | ||
1d. | Election of Director: General C. Robert Kehler | Management | Against | Against | ||
1e. | Election of Director: Michael Kirton | Management | Against | Against | ||
1f. | Election of Director: Peter Nolan | Management | Against | Against | ||
1g. | Election of Director: Jonathan Seiffer | Management | Against | Against | ||
1h. | Election of Director: Richard J. Townsend | Management | Against | Against | ||
1i. | Election of Director: Eric J. Zahler | Management | Against | Against | ||
2. | Ratification of the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm. | Management | For | For | ||
NORWEGIAN CRUISE LINE HOLDINGS LTD. | ||||||
Security | G66721104 | Meeting Type | Annual | |||
Ticker Symbol | NCLH | Meeting Date | 16-Jun-2022 | |||
ISIN | BMG667211046 | Agenda | 935625989 - Management | |||
Item | Proposal | Proposed by | Vote | For/ Against Management | ||
1a. | Election of Class III Director: Frank J. Del Rio | Management | Against | Against | ||
1b. | Election of Class III Director: Harry C. Curtis | Management | For | For | ||
2. | Approval, on a non-binding, advisory basis, of the compensation of our named executive officers. | Management | Against | Against | ||
3. | Approval of an amendment to our 2013 Performance Incentive Plan (our "Plan"), including an increase in the number of shares available for grant under our Plan. | Management | For | For | ||
4. | Ratification of the appointment of PricewaterhouseCoopers LLP ("PwC") as our independent registered public accounting firm for the year ending December 31, 2022 and the determination of PwC's remuneration by our Audit Committee. | Management | For | For | ||
5. | Approval of a shareholder proposal regarding retention of shares by company executives. | Shareholder | For | Against |
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) | The Herzfeld Caribbean Basin Fund, Inc. |
By (Signature and Title)* | /s/ Erik M. Herzfeld - President |
Date | August 10, 2022 |
* Print the name and title of each signing officer.