N-PX 1 npx11.htm PROXY VOTING RECORD FORM N-PX

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

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FORM N-PX

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ANNUAL REPORT OF PROXY VOTING RECORD
OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-6027
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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, 2011
Date of reporting period: July 1, 2010 - June 30, 2011

Item 1. Proxy Voting Record

Description

Mgmt Rec

Vote Cast

Sponsor
       

Issuer: AT&T Inc.

Ticker: T

CUSIP: 00206R102

Meeting Date: 04/29/11

Record Date: 03/01/11      

Election of Directors

FOR

FOR

MGMT

Ratification of selection of independent auditors

FOR

FOR

MGMT

Proposal to approve 2011 Incentive Plan

FOR

FOR

MGMT

Proposal regarding advisory vote on executive compensation

FOR

FOR

MGMT

Proposal to vote 3 years on frequency of vote on executive compensation

FOR

FOR

MGMT

Proposal regarding political contributions

AGAINST

AGAINST

SHLDR

Proposal regarding special stockholder meetings

AGAINST

AGAINST

SHLDR

Proposal regarding written consent

AGAINST

AGAINST

SHLDR
       
       

Issuer: AvalonBay Communities, Inc.

Ticker: AVB

CUSIP: 053484101

Meeting Date: 05/11/11

Record Date: 03/04/11      

Election of Directors

FOR

FOR

MGMT

Ratification the selection of Ernst & Young LLP as independent auditors

FOR

FOR

MGMT

Proposal to cast non-binding advisory vote on approval of the compensation paid to 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

Proposal to cast non-binding advisory vote as to frequency of future advisory stockholder votes on the company's named executive officer compensation

1 YR

FOR

MGMT
       
       

Issuer: Buckeye Partners, L.P.

Ticker: BPL

CUSIP: 118230101

Special Meeting Date: 11/16/10

Record Date: 09/17/10      

Proposal of a first amended and restated agreement and plan of merger by and among Buckeye Partners, L.P. (The "Partnership"), Buckeye GP LLC, Grand Ohio LLC, Buckeye GP Holdings L.P. & Mainline Management LLC, dated as of August 18, 2010 and the transactions contemplated thereby, all as more fully described in the proxy statement

FOR

FOR

MGMT

Proposal to consider and vote upon the approval of the amended and restated agreement of limited partnership of the partnership

FOR

FOR

MGMT
       
       

Issuer: Buckeye Partners, L.P.

Ticker: BPL

CUSIP: 118230101

Meeting Date: 06/07/11

Record Date: 04/08/11      

Election of Directors

FOR

FOR

MGMT

Ratification of selection of Deloitte & Touche LLP

FOR

FOR

MGMT

Proposal on advisory resolution on executive compensation

FOR

FOR

MGMT

Proposal on advisory vote on the frequency of future advisory votes on executive compensation.

3 YR

FOR

MGMT
       
       

Issuer: CenturyLink, Inc.

Ticker: CTL

CUSIP: 156700106

Special Meeting Date: 08/24/10

Record Date: 07/13/10      

Proposal to approve the issuance of shares of CenturyLink common stock in connection with the merger contemplated by the agreement and plan of merger, dated as of April 21, 2010, by and among Qwest Communications International Inc., the Company, and SB44 Acquistion Company, as such agreement may be amended from time to time

FOR

FOR

MGMT

Proposal to approve the adjournment of the meeting, if necessary, to solicit additional proxies if there are not sufficient votes for the proposal to issue CentryLink common stock in connection with the merger

FOR

FOR

MGMT
       
       

Issuer: CenturyLink, Inc.

Ticker: CTL

CUSIP: 156700106

Meeting Date: 05/18/11

Record Date: 03/21/11      

Election of Directors

FOR

FOR

MGMT

Ratification of the appointment of KPMG LLP as independent auditor

FOR

FOR

MGMT

Proposal to approve 2011 Equity Incentive Plan

FOR

FOR

MGMT

Proposal on advisory vote on executive compensation

FOR

FOR

MGMT

Proposal on advisory vote on the frequency of executive compensation votes

1 YR

FOR

MGMT

Proposal regarding political contributions report

AGAINST

AGAINST

SHLDR

Proposal regarding board declassification

AGAINST

AGAINST

SHLDR
       
       

Issuer: Consolidated Edison, Inc.

Ticker: ED

CUSIP: 209115104

Meeting Date: 05/16/11

Record Date: 03/28/11      

Election of Directors

FOR

FOR

MGMT

Ratification of appointment of independent accountants

FOR

FOR

MGMT

Proposal on advisory vote on executive compensation

FOR

FOR

MGMT

Proposal on frequency of an advisory vote on executive compensation

1 YR

FOR

MGMT

Proposal on additional compensation information

AGAINST

AGAINST

SHLDR
       
       

Issuer: Duke Energy Corporation

Ticker: DUK

CUSIP: 26441C105

Meeting Date: 05/05/11

Record Date: 03/10/11      

Election of Directors

FOR

FOR

MGMT

Ratification of selection of Deloitte & Touche LLP as independent public accountant

FOR

FOR

MGMT

Proposal on advisory vote on executive compensation

FOR

FOR

MGMT

Proposal on frequency of an advisory vote on executive compensation

1 YR

FOR

MGMT

Proposal relating to preparation of a report on Duke Energy Corporation's global warming-related lobbying activities

AGAINST

AGAINST

SHLDR

Proposal regarding the issuance of a report on the financial risks of continued reliance on coal

AGAINST

AGAINST

SHLDR

Proposal regarding an amendment to our organizational documents to require majority voting for the election of directors

AGAINST

AGAINST

SHLDR
       
       

Issuer: Frontier Communications Corporation

Ticker: FTR

CUSIP: 35906A108

Meeting Date: 05/12/11

Record Date: 03/16/11      

Election of Directors

FOR

FOR

MGMT

Proposal on advisory vote on executive compensation

FOR

FOR

MGMT

Proposal on frequency of an advisory vote on executive compensation

1 YR

FOR

MGMT

Proposal to consider and vote upon a stockholder proposal, if presented at the meeting

AGAINST

AGAINST

SHLDR

Ratification appointment of KPMG LLP as independent public accounting firm

FOR

FOR

MGMT
       
       

Issuer: Merck & Co., Inc.

Ticker: MRK

CUSIP: 58933Y105

Meeting Date: 05/24/11

Record Date: 03/25/11      

Election of Directors

FOR

FOR

MGMT

Ratification of the Company's independent accounting firm

FOR

FOR

MGMT

Proposal on advisory vote on executive compensation

FOR

FOR

MGMT

Proposal on advisory vote on the frequency of future votes on executive compensation

3 YRS

FOR

MGMT
       

Issuer: NSTAR

Ticker: NST

CUSIP: 67019E107

Special Meeting Date: 03/04/11

Record Date: 01/04/11      

Proposal to approve the merger contemplated by the agreement and plan of merger, dated as of October 16, 2010, as amended on November 1, 2010 and December 16, 2010, by and among Northeast Utilities, NU Holding Energy 1 LLC, NU Holding Energy 2 LLC and NSTAR, as it may be further amended from time to time, and adopt the agreement and plan of merger

FOR

FOR

MGMT

Proposal to adjourn the NSTAR Special Meeting, if necessary or appropriate, to solicit additional proxies if there are not sufficient votes to approve the merger and agreement and plan of merger

FOR

FOR

MGMT
       
       

Issuer: ONEOK, Inc.

Ticker: OKE

CUSIP: 682680103

Meeting Date: 05/25/11

Record Date: 03/28/11      

Election of Directors

FOR

FOR

MGMT

Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm

FOR

FOR

MGMT

Proposal on advisory vote on executive compensation

FOR

FOR

MGMT

Proposal on advisory vote on frequency of holding advisory vote on executive compensation

1 YR

FOR

MGMT
       
       

Issuer: Progress Energy, Inc.

Ticker: PGN

CUSIP: 743263105

Meeting Date: 05/11/11

Record Date: 03/04/11      

Election of Directors

FOR

FOR

MGMT

Proposal on advisory (nonbinding) vote to approve executive compensation

FOR

FOR

MGMT

Proposal to recommend, by an advisory (nonbinding) vote, the frequency of shareholder votes on executive compensation

1 YR

FOR

MGMT

Ratification of selection of Deloitte & Touche LLP as independent registered public accounting firm

FOR

FOR

MGMT
       
       

Issuer: Royal Dutch Shell PLC

Ticker: RDS/A

CUSIP: 780259206

Meeting Date: 05/17/11

Record Date: 04/04/11      

Adoption of Annual Report & Accounts

FOR

FOR

MGMT

Approval of Remuneration Report

FOR

FOR

MGMT

Appointment of Linda G. Stuntz as a Director of the Company

FOR

FOR

MGMT

Re-appointment of Directors

FOR

FOR

MGMT

Re-appointment of auditors

FOR

FOR

MGMT

Remuneration of auditors

FOR

FOR

MGMT

Approval of authority to allot shares

FOR

FOR

MGMT

Approval of disapplication of pre-emption rights

FOR

FOR

MGMT

Approval of authority to purchase own shares

FOR

FOR

MGMT

Approval of authority for certain donations and expenditure

FOR

FOR

MGMT
       
       

Issuer: Sanofi-Aventis

Ticker: SNY

CUSIP: 80105N105

Meeting Date: 05/06/11

Record Date: 03/28/11      

Proposal regarding approval of the individual company financial statements for the year ended December 31, 2010

FOR

FOR

MGMT

Proposal regarding approval of the consolidated financial statements for the year ended December 31, 2010

FOR

FOR

MGMT

Approval of the appropriation of profits; declaration of dividend

FOR

FOR

MGMT

Agreements and commitments subject to article L.225-38 et esq of the Commercial Code

FOR

FOR

MGMT

Directors attendance fees

FOR

FOR

MGMT

Ratification of the co-opting of a Director (Ms. Carole Piwnica)

FOR

FOR

MGMT

Appointment of a Director: (Ms. Suet-Fern Lee)

FOR

FOR

MGMT

Approval of the re-appointment of directors

FOR

FOR

MGMT

Reappointment of a Statutory Auditor (PricewaterhouseCoopers Audit)

FOR

FOR

MGMT

Appointment of a Deputy Statutory Auditor (Mr. Yves Nicolas)

FOR

FOR

MGMT

Authorization to the Board of Directors to carry out transactions in shares issued by the Company

FOR

FOR

MGMT

Delegation to the Board of Directors of authority to decide to carry out increases in the share capital by issuance, with preemptive rights maintained, of shares and/or securities giving access to the company's capital and/or by issuance of securities giving entitlement to the allotment of debt instruments

FOR

FOR

MGMT

Delegation to the Board of Directors of authority to decide to carry out by public offering increases in the share capital by issuance, without preemptive rights, of shares and/or securities giving access to the company's capital and/or the issuance of securities giving entitlement to the allotment of debt instruments

FOR

FOR

MGMT

Possibility of issuing, without preemptive rights, shares and/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

MGMT

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 preempive rights

FOR

FOR

MGMT

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

MGMT

Delegation to the Board of Directors of authority to decide to carry out increases in the share capital by issuance, of shares or securities giving access to the company's capital reserved for members of savings plans, with waiver of preemptive rights in their favor

FOR

FOR

MGMT

Delegation to the Board of Directors of authority to grant options to subscribe for or purchase shares

FOR

FOR

MGMT

Authorization to the Board of Directors to reduce the share capital by cancellation of treasury shares

FOR

FOR

MGMT

Amendment to article 11 of the Articles of Association

FOR

FOR

MGMT

Amendment to article 12 of the Articles of Association

FOR

FOR

MGMT

Amendment to article 19 of the Articles of Association

FOR

FOR

MGMT

Change of name and corresponding change to the Articles of Association

FOR

FOR

MGMT

Powers for formalities

FOR

FOR

MGMT
       
       

Issuer: Scana Corporation

Ticker: SCG

CUSIP: 80589M102

Meeting Date: 04/21/11

Record Date: 03/03/11      

Election of Directors

FOR

FOR

MGMT

Approval of amendment to director compensation and deferral plan

FOR

FOR

MGMT

Approval of amendment to Articles of Incorporation to increase authorized shares from 150,000,000 to 200,000,000

FOR

FOR

MGMT

Approval of appointment of independent registered public accounting firm

FOR

FOR

MGMT

Advisory (non-binding) vote on executive compensation

FOR

FOR

MGMT

Advisory (non-binding) vote on frequency of executive compensation vote

3 YR

FOR

MGMT
       
       

Issuer: The Southern Company

Ticker: SO

CUSIP: 842587107

Meeting Date: 05/25/11

Record Date: 03/28/11      

Election of Directors

FOR

FOR

MGMT

Ratification of appointment of Deloitte & Touche LLP as independent public registered accounting firm

FOR

FOR

MGMT

Advisory vote on executive compensation

FOR

FOR

MGMT

Advisory vote on frequency of vote on executive compensation

1 YR

FOR

MGMT

Approval of omnibus incentive compensation plan

FOR

FOR

MGMT

Proposal regarding coal combustion byproducts environmental report

AGAINST

AGAINST

SHLDR

Issuer: Unilever PLC

Ticker: UL

CUSIP: 904767704

Meeting Date: 05/11/11

Record Date: 03/21/11      

To approve the Directors' Remuneration Report for the year ended 31 December 2010

FOR

FOR

MGMT

Election of Directors

FOR

FOR

MGMT

Re-appoint PricewaterhouseCoopers LLP as auditors of the company

FOR

FOR

MGMT

Approval to authorize the Directors to fix the remuneration of the auditors

FOR

FOR

MGMT

Approval to renew the authority to Directors to issue shares

FOR

FOR

MGMT

Approval to renew the authority to Directors to disapply pre-emption rights

FOR

FOR

MGMT

Approval to renew the authority to the Company to purchase its own shares

FOR

FOR

MGMT

Approval to authorize Political Donations and Expenditure

FOR

FOR

MGMT

Approval to shorten the Notice period for General Meetings

FOR

FOR

MGMT

To amend the Articles of Association in relation to the Directors' power to borrow money and give security

FOR

FOR

MGMT
       
       

Issuer: Verizon Communications Inc.

Ticker: VZ

CUSIP: 92343V104

Meeting Date: 05/05/11

Record Date: 03/07/11      

Election of Directors

FOR

FOR

MGMT

Ratification of appointment of independent registered public accounting firm

FOR

FOR

MGMT

Advisory vote related to executive compensation

FOR

FOR

MGMT

Advisory vote related to future votes on executive compensation

1 YR

FOR

MGMT

Proposal to disclose prior government service

AGAINST

AGAINST

SHLDR

Proposal regarding performance stock unit performance thresholds

AGAINST

AGAINST

SHLDR

Proposal regarding cumulative voting

AGAINST

AGAINST

SHLDR

Proposal regarding shareholder right to call a special meeting

AGAINST

AGAINST

SHLDR
       
       

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.

 

KAVILCO INCORPORATED
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(Registrant)

 

BY:

/s/ Louis A. Thompson

 

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Louis A. Thompson
Chief Executive Officer/President

   

DATE:

August 3, 2011