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, 2019
Date of reporting period: July 1, 2018 – June 30, 2019
ITEM 1: PROXY VOTING RECORD
| Description |
Mgmt Rec. |
Vote Cast |
Sponsor
|
|
Issuer: Abbvie Ticker: ABBV CUSIP: 00287Y-109 Meeting Date: 5/3/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratification of appointment of independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Annual report on lobbying | Against | Against | Shldr |
| Compensation committee report on drug pricing | Against | Against | Shldr |
|
Policy to require independent chairman
|
Against | Against | Shldr |
|
Issuer: Alliant Energy Corporation Ticker: LNT CUSIP: 018802-108 Meeting Date: 5/16/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Ratification of appointment of independent auditors | For | For | Mgmt |
|
Periodic report disclosing political expenditures
|
Against | Against |
Shldr
|
|
Issuer: American Electric Power Company, Inc. Ticker: AEP CUSIP: 0255371-101 Meeting Date: 4/23/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Amend restated certificate of incorporation | For | For | Mgmt |
|
Advisory approval of the Company’s executive compensation
|
For | For | Mgmt |
|
Issuer: Amgen Inc. Ticker: AMGN CUSIP: 031162-100 Meeting Date: 5/21/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory approval of the Company’s executive compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: AT&T Inc. Ticker: T CUSIP: 00206R-102 Meeting Date: 4/26/2019 |
|||
| 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 |
|
Independent chair
|
Against | Against | Shldr |
|
Issuer: ATLANTIC Power Corporation Ticker: AT CUSIP: 04878Q-863 Meeting Date: June/19/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory approval of executive compensation | For | For | Mgmt |
| Shareholder rights plan | For | For | Mgmt |
| Amendments to Articles of the Corporation | For | For | Mgmt |
|
Ratification of appointment of independent auditors
|
For | For | Mgmt |
|
Issuer: Avalonbay Communities, Inc. Ticker: AVB CUSIP: 053484-101 Meeting Date: 05/16/2019 |
|||
| 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: Bristol-Myers Squibb Company (Special Meeting) Ticker: BMY CUSIP: 110122-108 Meeting Date: 4/12/2019 |
|||
| Stock Issuance proposal | For | For | Mgmt |
|
Adjournment proposal
|
For | For | Mgmt |
|
Issuer: Bristol-Myers Squibb Company Ticker: BMY CUSIP: 110122-108 Meeting Date: 5/29/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve the compensation of our named executive officers | For | For | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
|
Shareholder right to act by written consent
|
Against | Against | Shldr |
|
Issuer: Buckeye Partners, L.P. Ticker: BPL CUSIP: 118230-101 Meeting Date: 6/4/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
|
Advisory vote to approve the compensation of our named executive officers
|
For | For | Mgmt |
|
Issuer: CenterPoint Energy, Inc. Ticker: CNP CUSIP: 15189T-107 Meeting Date: 4/25/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
|
Advisory vote to approve the compensation of our named executive officers
|
For | For | Mgmt |
|
Issuer: CenturyLink, Inc. Ticker: CTL CUSIP: 156700-106 Meeting Date: 5/22/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Amend articles of incorporation | For | For | Mgmt |
| Ratify NOL rights plan | For | For | Mgmt |
| Advisory vote to approve the compensation of our named executive officers | For | For | Mgmt |
|
Proposal regarding lobbying activities
|
Against | Against | Shldr |
|
Issuer: Chevron Corporation Ticker: CVX CUSIP: 166764-100 Meeting Date: 5/29/2019 |
|||
| 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 human right to water | Against | Against | Shldr |
| Report on reducing carbon footprint | Against | Against | Shldr |
| Create a board committee on climate change | Against | Against | Shldr |
| Adopt a policy on independent chairmen | Against | Against | Shldr |
|
Set special meetings threshold at 10%
|
Against | Against | Shldr |
|
Issuer: Cisco Systems, Inc. Ticker: CSCO CUSIP: 17275R-102 Meeting Date: 12/12/2018 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Approval of amendment and restatement of the 2005 stock purchase plan | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Independent board chairman | Against | Against | Shldr |
|
Proposal relating to executive compensation metrics
|
Against | Against | Shldr |
|
Issuer: Coca-Cola Company, The Ticker: KO CUSIP: 191216-100 Meeting Date: 4/24/2019 |
|||
| 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 |
| Independent board chairman | Against | Against | Shldr |
|
Proposal on sugar and public health
|
Against | Against | Shldr |
|
Issuer: Consolidated Communications Hldgs, Inc. Ticker: CNSL CUSIP: 209034-107 Meeting Date: 4/29/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Consolidated Edison, Inc. Ticker: ED CUSIP: 209115-104 Meeting Date: 5/19/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Diamond Offshore Drilling, Inc. Ticker: DO CUSIP: 25271C-102 Meeting Date: 5/15/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| To approve, on an advisory basis, executive compensation | For | For | Mgmt |
|
Ratify the appointment of independent auditors
|
For | For | Mgmt |
|
Issuer: Digital Realty Trust, Inc. Ticker: DLR CUSIP: 253868-103 Meeting Date: 5/13/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
|
To approve, on an advisory basis, executive compensation
|
For | For | Mgmt |
|
Issuer: Dominion Energy, Inc. Ticker: D CUSIP: 25746U-109 Meeting Date:05/07/2019 |
|||
| 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 |
| Amend articles of incorporation | For | For | Mgmt |
|
Independent board chair
|
Against | Against | Shldr |
|
Issuer: Duke Energy Corp Ticker: DUK CUSIP: 26441C-204 Meeting Date: 5/2/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Proposal regarding political contributions | Against | Against | Shldr |
| Report on lobbying expenses | Against | Against | Shldr |
| Report on mitigating health and climate impacts of coal | Against | Against | Shldr |
|
Report on costs and benefits of voluntary environment related activities
|
Against | Against | Shldr |
|
Issuer: Eaton Corporation PLC Ticker: ETN CUSIP: G29183-103 Meeting Date: 4/242019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Proposal to grant the board authority to issue shares | For | For | Mgmt |
| Approval to grant the board authority to opt out of pre-emption rights | For | For | Mgmt |
|
Authorizing the Company and subsidiary of the company to make overseas market purchases of company shares
|
For | For | Mgmt |
|
Issuer: Enbridge Inc. (Special Meeting) Ticker: ENB CUSIP: 29250R-106 Meeting Date: 12/17/2019 |
|||
| To approve the agreement and plan of merger, dated as of September 17, 2018 (as it may be amended from time to time, the “Merger Agreement”) entered into by and among Enbridge Energy Partners, L.P., Enbridge Energy Company, Inc., Enbridge Energy Management, L.L.C., Enbridge Inc., Enbridge (U.S.) Inc., Winter Acquisition Sub II, LLC and, solely for purposes of Article I, Article II, and Article XI therein, Enbridge US Holdings Inc. | For | For | Mgmt |
|
Approve adjournment of special meeting
|
For | For | Mgmt |
|
Issuer: Enbridge Inc. Ticker: ENB CUSIP: 29250N-105 Meeting Date: 5/8/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
| Approve long term incentive plan and grants of stock options thereunder | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Entergy Corporation Ticker: ETR CUSIP: 29364G-103 Meeting Date: 5/3/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Approval of incentive plan
|
For | For | Mgmt |
|
Issuer: EPR Properties Ticker: EPR CUSIP: 26884U-109 Meeting Date: 5/30/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment of independent auditors
|
For | For | Mgmt |
|
Issuer: Equity Residential Ticker: EQR CUSIP: 29476L-107 Meeting Date: 06/27/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Approval of share incentive plan
|
For | For | Mgmt |
|
Issuer: Essex Property Trust, Inc. Ticker: ESS CUSIP: 297178-105 Meeting Date: 5/14/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Eversource Energy Ticker: ES CUSIP: 30040W-108 Meeting Date: 5/1/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment of independent auditors
|
For | For | Mgmt |
|
Issuer: Exelon Corporation Ticker: EXC CUSIP: 30161N-101 Meeting Date: 4/30/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Proposal from Burn More Coal
|
Against | Against | Shldr |
|
Issuer: Exxon Mobil Corporation Ticker: XOM CUSIP: 30231G-102 Meeting Date: 5/29/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Independent chairman | Against | Against | Shldr |
| Special shareholder meetings | Against | Against | Shldr |
| Climate change committee | Against | Against | Shldr |
| Risks of Gulf Coast Petrochemical Investments | Against | Against | Shldr |
| Report on political contributions | Against | Against | Shldr |
| Board diversity matrix | Against | Against | Shldr |
|
Report on lobbying
|
Against | Against | Shldr |
|
Issuer: FirstEnergy Corp. Ticker: FE CUSIP: 337932-107 Meeting Date: 5/21/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Amend the articles of incorporation and regulations to replace existing supermajority voting requirements with a majority voting power threshold | For | For | Mgmt |
| Amend the articles of incorporation to implements majority voting for uncontested director elections | For | For | Mgmt |
| Amend the regulations to implement proxy access | For | For | Mgmt |
|
Shareholder proposal: implementation of simple majority voting
|
Against | Against | Shldr |
|
Issuer: General Electric Company Ticker: GE CUSIP: 369604-103 Meeting Date: 5/08/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Approval of reduction of minimum number of directors from 10 to 7 | For | For | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
| Require the chairman of the board to be independent | Against | Against | Shldr |
|
Adopt cumulative voting for director elections
|
Against | Against | Shldr |
|
Issuer: Genuine parts Company Ticker: GPC CUSIP: 372460-105 Meeting Date: 4/22/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: GW Pharmaceuticals PLC Ticker: GWPH CUSIP: 36197T-103 Meeting Date: 6/13/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Approve directors remuneration report | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Approve the directors remuneration policy | For | For | Mgmt |
| Approval of the frequency for approval of the compensation of the company’s named executive officers | For | For | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Ratify the appointment of UK auditor | For | For | Mgmt |
| Authorize audit committee to determine auditor remuneration | For | For | Mgmt |
| To adopt the directors and auditors reports and statement of accounts for the 15 month period ended December 31, 2018 and to note that the directors do not recommend the payment of a dividend | For | For | Mgmt |
| To authorize the directors to allot shares pursuant to section 551 of the companies act 2006 such authority to be valid up to 13 June, 2020 | For | For | Mgmt |
|
Special business: subject to the passing of resolution 11, to authorize the directors to allot equity securities under section 570 of the 2006 act as if section 561(1) of the 2006 act did not apply to such allotment
|
For | For | Mgmt |
|
Issuer: HCP, Inc. Ticker: HCP CUSIP: 40414L-109 Meeting Date: 4/25/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: Healthcare Realty Trust, Inc. Ticker: HR CUSIP: 421946-104 Meeting Date: 5/14/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Highwoods Properties, Inc. Ticker: HIW CUSIP: 431284-108 Meeting Date: 5/9/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Hospitality Properties Trust Ticker: HPT CUSIP: 44106M-102 Meeting Date: 6/13/2019 |
|||
| Election of directors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
|
Approval of an amendment to the company’s declaration of trust so that in a contested election the company’s trustees are elected by a plurality of the votes cast by the company’s shareholders
|
Against | Against | Shldr |
|
Issuer: International Business Machines Ticker: IBM CUSIP: 459200-101 Meeting Date: 4/30/2019 |
|||
| 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 |
| Approval of long term incentive performance terms for certain executives for awards eligible for transitional relief pursuant to section 162(m) of the internal revenue code | For | For | Mgmt |
| Stockholder proposal on the right to act by written consent | Against | Against | Shldr |
|
Stockholder proposal to have an independent board chairman
|
Against | Against | Shldr |
|
Issuer: International Paper Company Ticker: IP CUSIP: 460146-103 Meeting Date: 5/13/2019 |
|||
| Election of directors | For | For | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Proposal to reduce special shareowner meeting ownership threshold to 10 percent
|
Against | Against | Shldr |
|
Issuer: Invesco Ltd. Ticker: IVZ CUSIP: G491BT-108 Meeting Date: 5/9/2019 |
|||
| Election of directors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Amendment of the company’s third amended and restated bylaws to eliminate certain super majority voting standards | For | For | Mgmt |
| Amendment of the equity incentive plan to increase the number of shares authorized for issuance under the plan | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: Iron Mountain Inc. Ticker: IRM CUSIP: 46284V-101 Meeting Date: 5/22/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: John Hancock Preferred Income Fund Ticker: JHS CUSIP: 41013W-108 Meeting Date: 2/7/2019 |
|||
|
Election of directors
|
For, all directors | For, all directors | Mgmt |
|
Issuer: JP Morgan Chase & Co. Ticker: JPM CUSIP: 46625H-100 Meeting Date: 5/21/2019 |
|||
|
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 |
| Gender pay equity report | Against | Against | Shldr |
| Enhance shareholder proxy access | Against | Against | Shldr |
|
Cumulative voting
|
Against | Against | Shldr |
|
Issuer: Kinder Morgan, Inc. Ticker: KMI CUSIP: 49456B-101 Meeting Date: 5/8/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Lamar Advertising Company Ticker: LAMR CUSIP: 512816-109 Meeting Date: 5/30/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Approval of the company’s employee stock purchase plan | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: Liberty Property Trust Ticker: LPT CUSIP: 531172-104 Meeting Date: 5/29/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: LTC Properties, Inc. Ticker: LTC CUSIP: 502175-102 Meeting Date: 5/29/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Mack Cali Realty Corp. Ticker: CLI CUSIP: 554489-104 Meeting Date: 6/12/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: Magellan Midstream Partners, L.P. Ticker: MMP CUSIP: 559080-106 Meeting Date: 4/25/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: Merck & Co., Inc. Ticker: MRK CUSIP: 58933Y-105 Meeting Date: 5/28/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Shareholder proposal concerning independent board chairman | Against | Against | Shldr |
| Shareholder proposal concerning executive incentives and stock buybacks | Against | Against | Shldr |
|
Shareholder proposal regarding drug pricing
|
Against | Against | Shldr |
|
Issuer: National Retail Properties, Inc. Ticker: NNN CUSIP: 637417-106 Meeting Date: 5/14/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: NextEra Energy, Inc. Ticker: NEE CUSIP: 65339F-101 Meeting Date: 5/28/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Proposal by 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: Nustar Energy LP Ticker: NS CUSIP: 67058H-102 Meeting Date: 04/23/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Approve long term 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 advisory votes on executive compensation
|
For | For | Mgmt |
|
Issuer: Obsidian Energy Ltd. Ticker: OBE CUSIP: 674482-104 Meeting Date: 6/3/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
A special resolution authorizing and approving the filing of articles of amendment to consolidate the issued and outstanding common shares of Obsidian Energy on the basis of 7 old shares for 1 new share, all as more particularly described in the information circular.
|
For | For | Mgmt |
|
Issuer: OGE Energy Corp. Ticker: OGE CUSIP: 670837-103 Meeting Date: 05/16/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Proposal regarding simple majority vote | Against | Against | Shldr |
|
Issuer: Omega Healthcare Investors, Inc. Ticker: OHI CUSIP: 681936-100 Meeting Date: 6/7/2019 |
|||
| 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 stock incentive plan
|
For | For | Mgmt |
|
Issuer: Oneok, Inc. Ticker: OKE CUSIP: 682680-103 Meeting Date: 5-22-2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Paychex, Inc. Ticker: PAYX CUSIP: 704326-107 Meeting Date: 8/13/2018 |
|||
| 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 |
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Issuer: Pfizer Inc. Ticker: PFE CUSIP: 717081-103 Meeting Date: 4/25/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Approval of the Pfizer Inc. stock plan | For | For | Mgmt |
| Shareholder proposal regarding right to act by written consent | Against | Against | Shldr |
| Shareholder proposal regarding report on lobbying activities | Against | Against | Shldr |
| Shareholder proposal regarding independent chair policy | Against | Against | Shldr |
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Shareholder proposal regarding integrating drug pricing into executive compensation policies and programs
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Against | Against | Shldr |
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Issuer: Pitney Bowes Inc. Ticker: PBI CUSIP: 724479-100 Meeting Date: 5/6/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
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Approval of the amended and restated Pitney Bowes Inc. stock plan
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For | For | Mgmt |
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Issuer: Plains All American Pipeline, LP Ticker: PAA CUSIP: 726503-105 Meeting Date: 5/15/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
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Issuer: PPL Corporation Ticker: PPL CUSIP: 69351T-106 Meeting Date: 5/14/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
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Issuer: Procter & Gamble Company Ticker: PG CUSIP: 742718-109 Meeting Date: 10/9/2018 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
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Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
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Issuer: Prudential Financial, Inc. Ticker: PRU CUSIP: 744320-102 Meeting Date: 5/14/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Shareholder proposal regarding right to act by written consent
|
Against | Against | Shldr |
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Issuer: Public Service Enterprise Group Inc. Ticker: PEG CUSIP: 744573-106 Meeting Date: 4/16/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
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Issuer: Public Storage Ticker: PSA CUSIP: 74460D-109 Meeting Date: 4/24/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: Quality Care Properties, Inc. (Special Meeting) Ticker: QCP CUSIP: 747545-101 Meeting Date: 7/25/2018 |
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| Approve the merger of Quality Care Properties Inc with and into Potomac acquisition LLC a subsidiary of Welltower | For | For | Mgmt |
| Advisory vote on the frequency of a vote on executive compensation | For | For | Mgmt |
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Approve adjournment of special meeting
|
For | For | Mgmt |
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Issuer: Realty Income Corporation Ticker: O CUSIP: 756109-104 Meeting Date: 4/14/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Amendment of the charter to increase the number of authorized shares of common stock | For | For | Mgmt |
|
Advisory vote to ratify an amendment to the bylaws to permit stockholders to propose binding amendments to the company’s bylaws
|
For | For | Mgmt |
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Issuer: Redwood Trust, Inc. Ticker: RWT CUSIP: 758075-402 Meeting Date: 5/15/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Approve the amendment of charter to increase the number of shares authorized for issuance | For | For | Mgmt |
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Approve the amendment of the bylaws to the employee stock purchase plan to increase the number of shares authorized for issuance
|
For | For | Mgmt |
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Issuer: RMR Group, The, Inc. Ticker: RMR CUSIP: 74967R-106 Meeting Date: 4/3/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: Royal Dutch Shell PLC Ticker: RDS/A CUSIP: 780259-107 Meeting Date: 5/21/2019 |
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| Receipt of annual report and accounts | For | For | Mgmt |
| Approval of directors’ remuneration policy | For | For | Mgmt |
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Remuneration of auditors | For | For | Mgmt |
| Authority to allot shares | For | For | Mgmt |
| Disapplication of pre-emption rights | For | For | Mgmt |
| Adoption of new articles of association | For | For | Mgmt |
| Authority to purchase own shares | For | For | Mgmt |
| Authority to make certain donations and incur expenditure | For | For | Mgmt |
|
Shareholder resolution
|
Against | Against | Shldr |
|
Issuer: Ryman Hospitality Properties, Inc. Ticker: RHP CUSIP: 78377T-107 Meeting Date: 5/9/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: Sabra Health Care Reit, Inc. Ticker: SBRA CUSIP: 78573L-106 Meeting Date: 6/21/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Seadrill Limited Ticker: SDRL CUSIP: G7998G-106 Meeting Date: 6/5/2019 |
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| Approve and increase in authorized share capital of the company | |||
| Ratify the appointment independent auditors | For | For | Mgmt |
|
The approval, by non-binding vote, of executive compensation
|
For | For | Mgmt |
|
Issuer: Sempra Energy Ticker: SRE CUSIP: 816851-109 Meeting Date: 5/9/2019 |
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| 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 |
| The approval of the long term incentive plan | For | For | Mgmt |
|
Proposal requiring an independent chairman
|
Against | Against | Mgmt |
|
Issuer: Senior Housing Properties Trust Ticker: SNH CUSIP: 81721M-109 Meeting Date: 5/21/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| The approval, by non-binding vote, of executive compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: Simon Property Group, Inc. Ticker: SPG CUSIP: 828806-109 Meeting Date: 5/8/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Advisory vote to approve stock incentive plan | For | For | Mgmt |
|
Proposal requesting disclosure of political contributions
|
Against | Against | Shldr |
|
Issuer: Southern Company Ticker: SO CUSIP: 842587-107 Meeting Date: 5/22/2019 |
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| 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 |
|
Approval of amendment to certificate of incorporation to reduce the supermajority vote requirement to a majority vote
|
For | For | Mgmt |
|
Issuer: STAG Industrial, Inc. Ticker: STAG CUSIP: 85254J-102 Meeting Date: 4/29/2019 |
|||
| 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: T. Rowe Price Group, Inc. Ticker: TROW CUSIP: 74144T-108 Meeting Date: 4/25/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: Tanger Factory Outlet Centers, Inc. Ticker: SKT CUSIP: 875465-106 Meeting Date: 5/17/2019 |
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| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment independent auditors | For | For | Mgmt |
| Amend and restate te company’s incentive award plan | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Targa Resources Corp. Ticker: TRGP CUSIP: 87612G-101 Meeting Date: 5/30/2019 |
|||
| 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: Unilever PLC (Special Meeting) Ticker: UL CUSIP: 904767-704 Meeting Date: 10/26/2018 |
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| To approve the scheme… | For | For | Mgmt |
|
To vote for or against the special resolution
|
For | For | Mgmt |
|
Issuer: United Parcel Service, Inc. Ticker: UPS CUSIP: 911312-106 Meeting Date: 5/9/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
| To prepare an annual report on lobbying activities | Against | Against | Shldr |
| To reduce the voting power of class A stock from 10 votes per share to one vote per share | Against | Against | Shldr |
|
To integrate sustainability metrics into executive compensation
|
Against | Against | Shldr |
|
Issuer: Ventas Inc. Ticker: VTR CUSIP: 92276F-100 Meeting Date: 5/14/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Verizon Communications Inc. Ticker: VZ CUSIP: 92343V-104 Meeting Date: 5/2/2019 |
|||
| 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 |
| Nonqualified savings plan earnings | Against | Against | Shldr |
| Independent chair | Against | Against | Shldr |
| Report on online child exploitation | Against | Against | Shldr |
| Report on cybersecurity and data privacy | Against | Against | Shldr |
|
Severance approval policy
|
Against | Against | Shldr |
|
Issuer: Vornado Realty Trust Ticker: VNO CUSIP: 929042-109 Meeting Date: 5/16/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Approval of the company’s 2019 omnibus share plan
|
For | For | Mgmt |
|
Issuer: Washington Real Estate Investment Trust Ticker: WRE CUSIP: 939653-101 Meeting Date: 5/30/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: WEC Energy Group, Inc. Ticker: WEC CUSIP: 92939U-106 Meeting Date: 5/2/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment of independent auditors
|
For | For | Mgmt |
|
Issuer: Wells Fargo & Company Ticker: WFC CUSIP: 949746-101 Meeting Date: 4/23/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
| Approve the company’s long term incentive compensation plan | For | For | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
| Report on incentive compensation and risks of material losses | Against | Against | Shldr |
|
Report on global median gender pay gap
|
Against | Against | Shldr |
|
Issuer: Welltower Inc. Ticker: HCN CUSIP: 95040Q-104 Meeting Date: 3/5/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Westinghouse Airbrake Technology Corp. Ticker: WAB CUSIP: 929740-108 Meeting Date: 5/17/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| The approval, by non-binding vote, of executive compensation | For | For | Mgmt |
|
Ratify the appointment independent auditors
|
For | For | Mgmt |
|
Issuer: Wheaton Precious Metals Corp. Ticker: WPM CUSIP: 962879-102 Meeting Date: 5/9/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Ratify the appointment of independent auditors | For | For | Mgmt |
|
Advisory vote to approve named executive officer compensation
|
For | For | Mgmt |
|
Issuer: Williams Companies, Inc., The Ticker: WMB CUSIP: 969457-100 Meeting Date: 5/9/2019 |
|||
| 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: Xcel Energy Inc. Ticker: XEL CUSIP: 98389B-100 Meeting Date: 5/15/2019 |
|||
| Election of directors | For, all directors | For, all directors | Mgmt |
| Advisory vote to approve named executive officer compensation | For | For | Mgmt |
|
Ratify the appointment of independent auditors
|
For | For | Mgmt |
Pursuant to the requirements of the Investment Company Act of 1940, the registrant duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized
KAVILCO INCORPORATED
By /s/ Louis L Jones, Sr.
------------------------
Louis L Jones, Sr., President
Date: August 1, 2019