N-PX 1 N-PX-2017.htm VOTES BY KAVILCO

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, 2017

Date of reporting period: July 1, 2016 - June 30, 2017

 

 

ITEM 1: PROXY VOTING RECORD 

 

Description

Mgmt
Rec.

Vote Cast

Sponsor

Issuer: Alliant Energy Corporation
Ticker: LNT
CUSSIP: 018802-108
Meeting Date: 5/23/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Advisory vote to approve named executive officer compensation

For

For

Mgmt

Advisory vote on the frequency of the 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: AT&T Inc.
Ticker: T
CUSSIP: 00206R-102
Meeting Date: 4/28/2017

 

 

 

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

Advisory approval of frequency vote on executive compensation

For

For

Mgmt

Political spending report

Against

Against

Shldr

Lobbying report

Against

Against

Shldr

Modify proxy access requirements

Against

Against

Shldr

Reduce vote required for written consent

Against

Against

Shldr

Issuer: ATLANTIC Power Corporation
(Annual & Special Meeting)
Ticker: AT
CUSSIP: 04878Q-863
Meeting Date: June/20/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Advisory approval of executive compensation

For

For

Mgmt

Advisory approval of frequency vote on executive compensation

For

For

Mgmt

Ratification of appointment of independent auditors

For

For

Mgmt

Approval of long term incentive plan

For

For

Mgmt

Issuer: Atmos Energy Corporation
Ticker: ATO
CUSSIP: 049560-105
Meeting Date: 02/8/2017

 

 

 

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: Avista Corp.
Ticker: AVA
CUSSIP: 05379B-107
Meeting Date: 5/1/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Amendment of the Company’s restated articles of incorporation to reduce certain shareholder approval requirements

For

For

Mgmt

Ratify the appointment independent auditors

For

For

Mgmt

Advisory vote on executive compensation

For

For

Mgmt

Advisory vote on the frequency of an advisory vote on executive compensation

For

For

Mgmt

Issuer: Blackrock Closed-End Funds
Ticker: BGT
CUSSIP: 091941-104
Meeting Date: 7/25/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Issuer: The Boeing Company
Ticker: BA
CUSSIP: 970231-105
Meeting Date: 5/1/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Advisory vote on executive compensation

For

For

Mgmt

Advisory vote on the frequency of a vote on executive compensation

For

For

Mgmt

Ratify the appointment independent auditors

For

For

Mgmt

Additional report on lobbying activities

Against

Against

Shldr

Reduce threshold to call special shareholder meetings

Against

Against

Shldr

Report on arms sales to Israel

Against

Against

Shldr

Implement Holy Land principles

Against

Against

Shldr

Issuer: Bristol-Myers Squibb Company
Ticker: BMY
CUSSIP: 110122-108
Meeting Date: 5/2/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Advisory vote to approve the compensation of our named executive officers

For

For

Mgmt

Advisory vote on the frequency of a vote on executive compensation

For

For

Mgmt

Re-approval of the materials terms of the performance based awards under the company’s 2012 stock award and incentive plan (as amended)

For

For

Mgmt

Approval of an amendment to the company’s 2012 stock award and incentive plan

For

For

Mgmt

Ratify the appointment of independent auditors

For

For

Mgmt

Special shareowner meetings

Against

Against

Shldr

Issuer: Buckeye Partners, L.P.
Ticker: BPL
CUSSIP: 118230-101
Meeting Date: 6/6/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Approval of the amendments to the long term incentive plan

 

 

 

Ratify the appointment of independent auditors

For

For

Mgmt

Advisory vote to approve the compensation of our named executive officers

For

For

Mgmt

Advisory vote on the frequency of a vote on executive compensation

For

For

Mgmt

Issuer: Care Capital Properties, Inc.
Ticker: CCP
CUSSIP: 141624-010
Meeting Date: 5/18/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Ratify the appointment independent auditors

For

For

Mgmt

Issuer: Caterpillar, Inc.
Ticker: CAT
CUSSIP: 149123-101
Meeting Date: 6/14/2017

 

 

 

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

Advisory vote on the frequency of a vote on executive compensation

For

For

Mgmt

Approve the amended and restated long term incentive plan

For

For

Mgmt

Stockholder proposal: provide a report of lobbying activities

Against

Against

Shldr

Stockholder proposal: decrease percent of ownership required to call special shareholder meeting

Against

Against

Shldr

Stockholder proposal: provide a report of lobbying priorities

Against

Against

Shldr

Stockholder proposal: include sustainability as a performance measure under executive incentive plans

Against

Against

Shldr

Stockholder proposal: amend the company’s compensation claw-back policy

Against

Against

Shldr

Stockholder proposal: adopt a permanent policy that the Chairman be independent

Against

Against

Shldr

Issuer: CenterPoint Energy, Inc.
Ticker: CNP
CUSSIP: 15189T-107
Meeting Date: 4/27/2017

 

 

 

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

Advisory vote on the frequency of a vote on executive compensation

For

For

Mgmt

Issuer: CenturyLink, Inc.
(Special Meeting)
Ticker: CTL
CUSSIP: 156700-106
Meeting Date: 3/16/2017

 

 

 

Proposal to approve the issuance of CenturyLink common stock to level 3 stockholders in connection with the combination, as contemplated by the merger agreement, dated October 31, 2016 among, Wildcat merger sub 1 LLC, WWG Merger sub LLC and Level 3 Communications, Inc.

For

For

Mgmt

Proposal to adjourn the special meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the special meeting to approve the proposal to issue CenturyLink common stock in connection with the combination.

For

For

Mgmt

Issuer: CenturyLink, Inc.
Ticker: CTL
CUSSIP: 156700-106
Meeting Date: 5/24/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Ratify the appointment independent auditors

For

For

Mgmt

Advisory vote regarding our executive compensation

For

For

Mgmt

Advisory vote on the frequency of a vote on executive compensation

For

For

Mgmt

Shareholder proposal regarding equity retention

Against

Against

Shldr

Shareholder proposal regarding lobbying activities

Against

Against

Shldr

Shareholder proposal regarding lobbying activities

Against

Against

Shldr

Issuer: Chevron Corporation
Ticker: CVX
CUSSIP: 166764-100
Meeting Date: 5/31/2017

 

 

 

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 the frequency of a vote on executive 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 climate change impact assessment

Against

Against

Shldr

Report on transition to a low carbon economy

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
CUSSIP: 17275R-102
Meeting Date: 12/12/2016

 

 

 

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

Approval to request an annual report relating to Cisco’s lobbying policies, procedures and activities

Against

Against

Shldr

Approval to request a report disclosing certain employment data relating to Cisco’s Arab and non-Arab employees in Israel-Palestine for each of the past three years

Against

Against

Shldr

Approval to request the Board to form a committee to reassess policies and criteria for decisions with respect to Cisco’s business involvements with Israel’s settlements

Against

Against

Shldr

Issuer: Coca-Cola Company, The
Ticker: KO
CUSSIP: 191216-100
Meeting Date: 4/26/2017

 

 

 

Election of directors

For, all directors

For, all directors

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

Ratify the appointment independent auditors

For

For

Mgmt

Shareowner proposal regarding a human rights review

Against

Against

Shldr

Issuer: Consolidated Communications Hldgs, Inc.(Special Meeting)
Ticker: CNSL
CUSSIP: 209034-107
Meeting Date: 3/28/2017

 

 

 

Approval of the issuance of Consolidated Communications Holdings, Inc. common stock to Fairpoint Communications, Inc. Stockholders in the merger contemplated by the agreement and plan of merger, dated as of December 3, 2016 by and among Consolidated, Fairpoint and Falcon Merger Sub, Inc.

For, all directors

For, all directors

Mgmt

Approval to adjourn or postpone the special meeting, if necessary or appropriate, to solicit additional proxies

For

For

Mgmt

Issuer: Consolidated Communications Hldgs, Inc.
Ticker: CNSL
CUSSIP: 209034-107
Meeting Date: 5/1/2017

 

 

 

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 the frequency of a vote on executive compensation

For

For

Mgmt

Issuer: Consolidated Edison
Ticker: ED
CUSSIP: 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

Advisory vote on the frequency of a vote on executive compensation

For

For

Mgmt

Issuer: Diamond Offshore Drilling, Inc.
Ticker: DO
CUSSIP: 25271C-102
Meeting Date: 5/16/2017

 

 

 

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

Advisory vote on the frequency of a vote on executive compensation

For

For

Mgmt

Stockholder proposal: sustainability reporting

Against

Against

Shldr

Issuer: Digital Realty Trust, Inc.
Ticker: DLR
CUSSIP: 253868-103
Meeting Date: 5/8/2017

 

 

 

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

Advisory vote on the frequency of a vote on executive compensation

For

For

Mgmt

Issuer: Dominion Resources, Inc.
Ticker: D
CUSSIP: 25746U-109
Meeting Date: 5/10/2017

 

 

 

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

Advisory vote on the frequency of a vote on executive compensation

For

For

Mgmt

Approval of amendment to articles of incorporation to change the company’s name to Dominion Energy Inc.

For

For

Mgmt

Report on lobbying

Against

Against

Shldr

Nomination of a director with environmental expertise

Against

Against

Shldr

Assessment of the impact of public policies and technological advances consistent with limiting global warming

Against

Against

Shldr

Report on methane emissions

Against

Against

Shldr

Issuer: Duke Energy Corp
Ticker: DUK
CUSSIP: 92343V104-103
Meeting Date: 5/4/2017

 

 

 

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

Amendment to the certificate of incorporation

For

For

Mgmt

Provide an annual report on lobbying

Against

Against

Shldr

Prepare an assessment on the impacts of climate change

Against

Against

Shldr

Report on public health risks of coal use

Against

Against

Shldr

Issuer: Enbridge Inc.
Ticker: ENB
CUSSIP: 29250N-105
Meeting Date: 3/23/2017

 

 

 

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

Report on the due diligence process used by Enbridge to identify and address social and environmental risks when reviewing potential acquisitions

Against

Against

Shldr

Issuer: Energy Transfer Partners LP
(Special Meeting)
Ticker:
CUSSIP:
Meeting Date: 5/4/2017

 

 

 

Adopt the agreement and plan of merger, by Sunoco Logistics Partners LP, Sunoco Partners LLC, (due to space limits see proxy statement)

For

For

Mgmt

Adjournment special meeting and solicit additional proxies if necessary

For

For

Mgmt

Approve on advisory basis, executive compensation in connection with the merger

For

For

Mgmt

Issuer: Entergy Corporation
Ticker: ETR
CUSSIP: 29364G-103
Meeting Date: 5/5/2017

 

 

 

Election of directors

For, all directors

For, all directors

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

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
CUSSIP: 26884U-109
Meeting Date: 5/31/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Approve amendment to the declaration of trust to include a proxy access provision

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

Re-approve the material terms of the performance goals under the Company incentive plan

For

For

Mgmt

Ratify the appointment of independent auditors

For

For

Mgmt

Issuer: Eversource Energy
Ticker: ES
CUSSIP: 30040W-108
Meeting Date: 5/3/2017

 

 

 

Election of directors

For, all directors

For, all directors

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

Proposal to approve the company’s annual performance based incentive plan

For

For

Mgmt

Ratify the appointment of independent auditors

For

For

Mgmt

Issuer: Exelon Corporation
Ticker: EXC
CUSSIP: 30161N-101
Meeting Date: 4/25/2017

 

 

 

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

Issuer: Exxon Mobil Corporation
Ticker: XOM
CUSSIP: 30231G-102
Meeting Date: 5/31/2017

 

 

 

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

Independent chairman

Against

Against

Shldr

Majority vote for directors

Against

Against

Shldr

Special shareholder meetings

Against

Against

Shldr

Restrict precatory proposals

Against

Against

Shldr

Report on compensation for women

Against

Against

Shldr

Report on lobbying

Against

Against

Shldr

Increase capital distributions

Against

Against

Shldr

Report on impacts of climate change policies

Against

Against

Shldr

Report on methane emissions

Against

Against

Shldr

Issuer: FirstEnergy Corp.
Ticker: FE
CUSSIP: 337932-107
Meeting Date: 5/16/2017

 

 

 

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

Amend the articles of incorporation to increase the number of shares of authorized common stock from 490,000,000 to 700,000,000

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: report: lobbying related

Against

Against

Shldr

Shareholder proposal: report: climate change related

Against

Against

Shldr

Shareholder proposal: implementation of simple majority voting

Against

Against

Shldr

Issuer: Frontier Communications Corporation
Ticker: FTR
CUSSIP: 35906A-010
Meeting Date: 5/10/2017

 

 

 

Election of directors

For, all directors

For, all directors

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

Adopt the company’s equity incentive plan

For

For

Mgmt

Amend the certificate of incorporation to effect a reverse stock split of the issued shares of common stock, at a reverse stock split ratio of not less than 1 for 10 and not more than 1 for 25, and reduce the total number of common stock authorized to issue from 1,750,000,000 to 175,000,000

For

For

Mgmt

Ratify the appointment independent auditors

For

For

Mgmt

Issuer: General Electric Company
Ticker: GE
CUSSIP: 369604-103
Meeting Date: 4/26/2017

 

 

 

Election of directors

For, all directors

For, all directors

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 long term Incentive plan

For

For

Mgmt

Approval of material terms of senior officer performance goals

For

For

Mgmt

Ratify the appointment of independent auditors

For

For

Mgmt

Report on lobbying activities

Against

Against

Shldr

Require the chairman of the board to be independent

Against

Against

Shldr

Adopt cumulative voting for director elections

Against

Against

Shldr

Report on charitable contributions

Against

Against

Shldr

Issuer: HCP, Inc.
Ticker: HCP
CUSSIP: 40414L-109
Meeting Date: 4/27/2017

 

 

 

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 the frequency of a vote on executive compensation

For

For

Mgmt

Issuer: Healthcare Realty Trust, Inc.
Ticker: HR
CUSSIP: 421946-104
Meeting Date: 5/2/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Amend articles of incorporation to increase the number of authorized shares of common stock

For

For

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: Highwoods Properties, Inc.
Ticker: HIW
CUSSIP: 431284-108
Meeting Date: 5/10/2017

 

 

 

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 the frequency of a vote on executive compensation

For

For

Mgmt

Issuer: Hollyfrontier Corp.
Ticker: HFC
CUSSIP: 436106-108
Meeting Date: 5/10/2017

 

 

 

Election of directors

For, all directors

For, all directors

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

Ratify the appointment independent auditors

For

For

Mgmt

Issuer: Hospitality Properties Trust
Ticker: HPT
CUSSIP: 44106M-102
Meeting Date: 6/15/2017

 

 

 

Election of directors

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

Ratify the appointment independent auditors

For

For

Mgmt

The company’s Board opt out of Maryland’s unsolicited takeovers act

Against

Against

Shldr

Adopt a proxy access bylaw

Against

Against

Shldr

Issuer: IBM
Ticker: IBM
CUSSIP: 459200-101
Meeting Date: 4/25/2017

 

 

 

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

Advisory vote on the frequency of a vote on executive 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 adopt a proxy access bylaw

Against

Against

Shldr

Issuer: Invesco Ltd.
Ticker: IVZ
CUSSIP: G491BT-108
Meeting Date: 5/11/2017

 

 

 

Election of directors

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

Amend bylaws to implement proxy access and other matters

For

For

Mgmt

Ratify the appointment independent auditors

For

For

Mgmt

Issuer: iShares ETFs
Ticker: SPTR
CUSSIP: 464287-200
Meeting Date: 4/25/2017

 

 

 

Election of directors

For

For

Mgmt

To transact such other business as may properly come before the meeting or any postponement or adjournment thereof.

For

For

Mgmt

Issuer: John Hancock Preferred Income Fund
Ticker: JHS
CUSSIP: 41013W-108
Meeting Date: 1/24/2017

 

 

 

Election of directors

 

For, all directors

For, all directors

Mgmt

Issuer: Kinder Morgan, Inc.
Ticker: KMI
CUSSIP: 49456B-101
Meeting Date: 5/10/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Ratify the appointment independent auditors

For

For

Mgmt

Stockholder proposal relating to proxy access bylaw

Against

Against

Shldr

Stockholder proposal relating to a report on methane emissions

Against

Against

Shldr

Stockholder proposal relating to an annual sustainability report

Against

Against

Shldr

Issuer: Kraft Heinz Company, Inc.
Ticker: KHC
CUSSIP: 500754-106
Meeting Date: 4/19/2017

 

 

 

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 sustainability and nutrition

Against

Against

Shldr

Resolution related to packaging

Against

Against

Shldr

Resolution related to deforestation

Against

Against

Shldr

Issuer: Liberty Property Trust
Ticker: LPT
CUSSIP: 531172-104
Meeting Date: 5/18/2017

 

 

 

Election of directors

For, all directors

For, all directors

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

Ratify the appointment independent auditors

For

For

Mgmt

Issuer: LTC Properties, Inc.
Ticker: LTC
CUSSIP: 502175-102
Meeting Date: 6/1/2017

 

 

 

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 the frequency of a vote on executive compensation

For

For

Mgmt

Issuer: Mack Cali Realty Corp.
Ticker: CLI
CUSSIP: 554489-104
Meeting Date: 6/9/2017

 

 

 

Election of directors

For, all directors

For, all directors

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

Ratify the appointment independent auditors

For

For

Mgmt

Issuer: Magellan Midstream Partners, L.P.
Ticker: MMP
CUSSIP: 44106M-102
Meeting Date: 2/21/2017

 

 

 

Election of directors

For, all directors

For, all directors

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

Ratify the appointment independent auditors

For

For

Mgmt

Issuer: Merck & Co., Inc.
Ticker: MRK
CUSSIP: 58933Y-105
Meeting Date: 5/23/2017

 

 

 

Election of directors

For, all directors

For, all directors

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

Ratify the appointment independent auditors

For

For

Mgmt

Shareholder proposal requesting an independent board chairman

Against

Against

Shldr

Shareholder proposal requesting a report on conducting business in conflict-affected areas

Against

Against

Shldr

Shareholder proposal requesting a report on board oversight of product safety and quality

Against

Against

Shldr

Issuer: Mondelez Intl, Inc.
Ticker: MDLZ
CUSSIP: 609207-105
Meeting Date: 5/17/2017

 

 

 

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 the frequency of a vote on executive compensation

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
CUSSIP: 637417-106
Meeting Date: 5/25/2017

 

 

 

Election of directors

For, all directors

For, all directors

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 the company’s performance incentive plan

For

For

Mgmt

Ratify the appointment independent auditors

For

For

Mgmt

Issuer: NextEra Energy, Inc.
Ticker: NEE
CUSSIP: 65339F-101
Meeting Date: 5/18/2017

 

 

 

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 the frequency of a vote on executive compensation

For

For

Mgmt

Approval of the non-employee directors stock plan

For

For

Mgmt

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: Omega Healthcare Investors, Inc.
Ticker: OHI
CUSSIP: 681936-100
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

Advisory vote on the frequency of a vote on executive compensation

For

For

Mgmt

Issuer: Paychex, Inc.
Ticker: PAYX
CUSSIP: 704326-107
Meeting Date: 8/15/2016

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

An advisory vote to approve the company’s executive compensation

For

For

Mgmt

Ratify the appointment independent auditors

For

For

Mgmt

Issuer: Penn West Petroleum Ltd.
Ticker: PWE
CUSSIP: 707887-105
Meeting Date: 5/17/2017

 

 

 

Ratify the appointment independent auditors

For

For

Mgmt

Election of directors

For, all directors

For, all directors

Mgmt

An advisory vote to approve the company’s executive compensation

For

For

Mgmt

Amendment to the restricted share unit plan

For

For

Mgmt

Amendment to the articles of Incorporation to change the name of Penn West

For

For

Mgmt

Reduction of Penn West’s share capital for accounting purposes

For

For

Mgmt

Issuer: Pfizer Inc.
Ticker: PFE
CUSSIP: 717081-103
Meeting Date: 4/27/2017

 

 

 

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 the frequency of a vote on executive compensation

For

For

Mgmt

Shareholder proposal regarding holy land principals

Against

Against

Shldr

Shareholder proposal regarding special shareowner meetings

Against

Against

Shldr

Shareholder proposal regarding independent chair policy

Against

Against

Shldr

Issuer: Pitney Bowes Inc.
Ticker: PBI
CUSSIP: 724479-100
Meeting Date: 5/8/2017

 

 

 

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

Advisory vote on the frequency of a vote on executive compensation

For

For

Mgmt

Issuer: PPL Corporation
Ticker: PPL
CUSSIP: 69351T-106
Meeting Date: 5/17/2017

 

 

 

Election of directors

For, all directors

For, all directors

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

Approve stock incentive plan

For

For

Mgmt

Ratify the appointment independent auditors

For

For

Mgmt

Publish Assessment of impact on company portfolio of public policies and technological advances seeking to limit global warming

Against

Against

Shldr

Issuer: Procter & Gamble Company
Ticker: PG
CUSSIP: 742718-109
Meeting Date: 10/11/2016

 

 

 

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 policies of third party organizations

Against

Against

Shldr

Report on application od company non-discrimination policies in states with pro-discrimination laws

Against

Against

Shldr

Issuer: Quality Care Properties, Inc.
Ticker: QCP
CUSSIP: 747545-101
Meeting Date: 5/25/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Ratify the appointment independent auditors

For

For

Mgmt

Issuer: Realty Income Corporation
Ticker: O
CUSSIP: 756109-104
Meeting Date: 5/16/2017

 

 

 

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 the frequency of a vote on executive compensation

For

For

Mgmt

Issuer: Redwood Trust, Inc.
Ticker: RWT
CUSSIP: 758075-402
Meeting Date: 5/18/2017

 

 

 

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 the frequency of a vote on executive compensation

For

For

Mgmt

Issuer: RMR Group, The, Inc.
Ticker: RMR
CUSSIP: 74967R-106
Meeting Date: 3/29/2017

 

 

 

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
CUSSIP: 780259-107
Meeting Date: 5/23/2017

 

 

 

Receipt of annual report and accounts

For

For

Mgmt

Approval of directors’ remuneration policy

For

For

Mgmt

Approval of directors’ remuneration report

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.
Ticker: SBRA
CUSSIP: 78573L-106
Meeting Date: 6/20/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Approval of performance incentive plan

For

For

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: Sanofi (Combined General Meeting)
Ticker: SNY
CUSSIP: 80105N-105
Meeting Date: 5/10/2017

 

 

 

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

Agreements and commitments covered by Articles L. 225-38 et seq of the French Commercial Code

For

For

Mgmt

Directors attendance fees

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 of directors to carry out transactions in the company’s shares

For

For

Mgmt

Authorize board to issue with preemptive rights cancelled, shares and securities fiving access to the share capital of the company of any subsidiary and of any other company via a public offering

For

For

Mgmt

Authorize board to issue with preemptive rights cancelled, shares and securities fiving access to the share capital of the company of any subsidiary and of any other company via a private placement

For

For

Mgmt

Authorize board to issue with preemptive rights cancelled, shares and securities fiving access to the share capital of the company of any subsidiary and of any other company without preemptive rights

For

For

Mgmt

Authorize board to issue with preemptive rights cancelled, shares and securities fiving access to the share capital of the company of any subsidiary and of any other company for assets transferred to the company as a capital contribution in kind

For

For

Mgmt

Delegation to the board 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 to decide on the issuance of shares or securities giving access to the company’s share capital reserved for members of a savings plans with waiver of preemptive rights in their favor

For

For

Mgmt

Authorize the board to reduce the share capital by cancellation of treasury shares

For

For

Mgmt

Amendment of Article 11 of the articles of association

For

For

Mgmt

Powers of formalities

For

For

Mgmt

Issuer: Scana
Ticker: SCG
CUSSIP: 80589M-102
Meeting Date: 4/27/2017

 

 

 

Election of directors

For, all directors

For, all directors

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

Ratify the appointment of independent auditors

For

For

Mgmt

Approval of the board proposed amendment to the articles of incorporation to declassify the board of directors and provide for the annual election of all directors.

For

For

Mgmt

Issuer: Seadrill Limited
Ticker: SDRL
CUSSIP: G7945E-105
Meeting Date: 9/23/2016

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Amend bylaw-61 relating to the quorum necessary for the transaction of company business at a general meeting

 

 

 

Ratify the appointment independent auditors

For

For

Mgmt

The approval, by non-binding vote, of executive compensation

For

For

Mgmt

Issuer: Senior Housing Properties Trust
Ticker: SNH
CUSSIP: 81721M-109
Meeting Date: 5/18/2017

 

 

 

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

Adopt a proxy access bylaw

Against

Against

Shldr

Issuer: Silver Wheaton Corp.
Ticker: SLW
CUSSIP: 828336-107
Meeting Date: 5/10/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Ratify the appointment independent auditors

For

For

Mgmt

Approve change of name of silver Wheaton corp. to Wheaton precious metals corp.

For

For

Mgmt

Advisory vote to approve named executive officer compensation

For

For

Mgmt

Issuer: Spectra Energy Corp
(Special Meeting)
Ticker: SE
CUSSIP: 847560-109
Meeting Date: 12/15/2016

 

 

 

Adopt the agreement and plan of merger among Spectra Energy, Enbridge Inc., and Sand Merger Sub, Inc., and a subsidiary of Enbridge which will among other things merge with and into Spectra Energy, with Spectra Energy surviving the merger as a wholly owned subsidiary of Enbridge.

For

For

Mgmt

The approval, by non-binding vote, of executive compensation

For

For

Mgmt

Issuer: STAG Industrial, Inc.
Ticker: STAG
CUSSIP: 85254J-102
Meeting Date: 5/2/2017

 

 

 

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

Issuer: Sun Communities, Inc.
Ticker: SUI
CUSSIP: 866674-104
Meeting Date: 5/18/2017

 

 

 

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 the frequency of a vote on executive compensation

For

For

Mgmt

Issuer: Talen Energy Corporation
(Special Meeting)
Ticker: TLN
CUSSIP: 87422J-105
Meeting Date: 9/1/2017

 

 

 

To adopt the agreement and plan of merger by RPH Parent LLC, SPH Parent LLC, CRJ Parent LLC, RJS Merger sub Inc., and Talen Energy Corp. as it may be amended from time to time pursuant to which the merger sub will merge with and into the company

For

For

Mgmt

To approve the adjournment of the special meeting and if necessary solicit proxies

For

For

Mgmt

To Approve, by non-binding vote, executive compensation

For

For

Mgmt

Issuer: The Southern Company
Ticker: SO
CUSSIP: 842587-107
Meeting Date: 5/24/2017

 

 

 

Election of directors

For, all directors

For, all directors

Mgmt

Approval of an amendment to the certificate to reduce the supermajority vote requirements to a majority vote

For

For

Mgmt

Advisory vote to approve executive compensation

For

For

Mgmt

To Approve, frequency of non-binding vote on executive compensation

For

For

Mgmt

Approval of an amendment to the certificate to eliminate the fair price anti take over provision

For

For

Mgmt

Ratify the appointment independent auditors

For

For

Mgmt

Stockholder proposal on 2 degrees Celsius scenario report

Against

Against

Shldr

Issuer: Unilever PLC
Ticker: UL
CUSSIP: 904767-704
Meeting Date: 4/27/2017

 

 

 

To receive the report and accounts for the year ended 31 December 2016

No vote

No vote

Mgmt

To approve the directors’ remuneration report

For

For

Mgmt

To approve the Unilever share plan

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 the company to purchase its own shares

For

For

Mgmt

To shorten the notice period for general meetings

For

For

Mgmt

Issuer: Ventas Inc.
Ticker: VTR
CUSSIP: 92276F-100
Meeting Date: 5/18/2017

 

 

 

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

Issuer: Verizon Communications Inc.
Ticker: VZ
CUSSIP: 26441204-100
Meeting Date: 5/4/2017

 

 

 

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 long-term incentive plan

For

For

Mgmt

Human rights committee

Against

Against

Shldr

Report on greenhouse gas reduction targets

Against

Against

Shldr

Special shareowner meetings

Against

Against

Shldr

Executive compensation clawback policy

Against

Against

Shldr

Stock retention policy

Against

Against

Shldr

Limit matching contributions for executives

Against

Against

Shldr

Issuer: Washington Real Estate Investment Trust
Ticker: WRE
CUSSIP: 939653-101
Meeting Date: 6/1/2017

 

 

 

Amendment to the articles of amendment and restatement to declassify the board of trustees

For

For

Mgmt

Amendment to the articles of amendment and restatement to enable shareholders to amend the bylaws

For

For

Mgmt

Election of directors

For, all directors

For, all directors

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

Ratify the appointment of independent auditors

For

For

Mgmt

Issuer: WEC Energy Group, Inc.
Ticker: WEC
CUSSIP: 92939U-106
Meeting Date: 5/4/2017

 

 

 

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

Issuer: Wells Fargo & Company
Ticker: WFC
CUSSIP: 949746-101
Meeting Date: 4/25/2017

 

 

 

Election of directors

For, all directors

For, all directors

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

Ratify the appointment of independent auditors

For

For

Mgmt

Retail banking sales practices report

Against

Against

Shldr

Cumulative voting

Against

Against

Shldr

Divesting non-core business report

Against

Against

Shldr

Gender pay equity report

Against

Against

Shldr

Lobbying report

Against

Against

Shldr

Indigenous peoples’ rights policy

Against

Against

Shldr

Issuer: Welltower Inc.
Ticker: HCN
CUSSIP: 95040Q-104
Meeting Date: 5/4/2017

 

 

 

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

Issuer: Xcel Energy Inc.
Ticker: XEL
CUSSIP: 98389B-100
Meeting Date: 5/17/2017

 

 

 

Election of directors

For, all directors

For, all directors

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

Ratify the appointment of independent auditors

For

For

Mgmt

Shareholder proposal on the separation of the roles of the chairman and chief executive officer

Against

Against

Shldr

 

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 27, 2017