UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF
REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-10085
Hillman Capital Management Investment Trust
(Exact name of registrant as specified in charter)
116 South Franklin Street, Post Office Box 69, Rocky Mount, North Carolina 27802
(Address of principal executive offices) (Zip code)
A. Vason Hamrick
116 South Franklin Street, Post Office Box 69, Rocky Mount, North Carolina 27802
(Name and address of agent for service)
Registrant's telephone number, including area code: 252-972-9922
Date of fiscal year end: September 30
Date of reporting period: July 1, 2010 - June 30, 2011
PROXY VOTING RECORDS
Hillman Focused Advantage Fund
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| | HIGHMARK FUNDS | | | | | | | | | | |
| | Security | | | | 431114503 | | | Meeting Type | | | Special | |
| | Ticker Symbol | | | HMTXX | | | Meeting Date | | | 18-Nov-2010 | |
| | ISIN | | | | US4311145035 | | | Agenda | | | 933320296 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | DIRECTOR | | | | | Management | | | | |
| | | 1 | DAVID E. BENKERT | | | | | For | | | For |
| | | 2 | THOMAS L. BRAJE | | | | | For | | | For |
| | | 3 | EVELYN S. DILSAVER | | | | | For | | | For |
| | | 4 | DAVID A. GOLDFARB | | | | | For | | | For |
| | | 5 | EARLE A. MALM II | | | | | For | | | For |
| | | 6 | MICHAEL L. NOEL | | | | | For | | | For |
| | | 7 | MINDY M. POSOFF | | | | | For | | | For |
| | | 8 | ROBERT M. WHITLER | | | | | For | | | For |
| | 02 | APPROVAL OF AN AMENDMENT TO THE DECLARATION OF TRUST OF HIGHMARK FUNDS (THE "TRUST") TO PERMIT LIQUIDATIONS OF EACH SERIES OF THE TRUST (EACH A "FUND") WITH THE APPROVAL OF THE BOARD OF TRUSTEES OF THE TRUST (THE "BOARD") BUT WITHOUT OBTAINING SHAREHOLDER APPROVAL. | Management | Against | Against |
Hillman Focused Advantage Fund
| | 03 | APPROVAL OF EXTENDING THE APPLICABILITY OF AN EXISTING AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT WITH HIGHMARK CAPITAL MANAGEMENT, INC. ("HCM") TO FUNDS ORGANIZED PRIOR TO MARCH 19, 2009, WHICH AMENDMENT GIVES SPECIFIC AUTHORIZATION TO HCM, WITH THE APPROVAL OF THE BOARD, TO DELEGATE ANY OR ALL OF ITS RESPONSIBILITIES UNDER THE INVESTMENT ADVISORY AGREEMENT. | Management | For | | | For |
| | 04 | APPROVAL OF AUTHORIZING HCM, WITH THE APPROVAL OF THE BOARD, INCLUDING A MAJORITY OF THE TRUSTEES OF THE FUNDS WHO ARE NOT "INTERESTED PERSONS" OF THE FUNDS OR HCM, TO ENTER INTO AND MATERIALLY AMEND SUB-ADVISORY AGREEMENTS WITH SUB ADVISERS, WITHOUT OBTAINING SHAREHOLDER APPROVAL, ALL AS MORE FULLY DESCRIBED IN THE PROXY STATEMENT. | Management | For | | | For |
| | | | | | | | | | | | | | |
| | MICROSOFT CORPORATION | | | | | | | | |
| | Security | | | | 594918104 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | MSFT | | | Meeting Date | | | 16-Nov-2010 | |
| | ISIN | | | | US5949181045 | | | Agenda | | | 933331011 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | ELECTION OF DIRECTOR: STEVEN A. BALLMER | | Management | For | | For |
| | 02 | ELECTION OF DIRECTOR: DINA DUBLON | | | | Management | For | | | For |
| | 03 | ELECTION OF DIRECTOR: WILLIAM H. GATES III | | | | Management | For | | | For |
| | 04 | ELECTION OF DIRECTOR: RAYMOND V. GILMARTIN | | | | Management | For | | | For |
| | 05 | ELECTION OF DIRECTOR: REED HASTINGS | | | | Management | For | | | For |
| | 06 | ELECTION OF DIRECTOR: MARIA M. KLAWE | | | | Management | For | | | For |
| | 07 | ELECTION OF DIRECTOR: DAVID F. MARQUARDT | | | | Management | For | | | For |
| | 08 | ELECTION OF DIRECTOR: CHARLES H. NOSKI | | | | Management | For | | | For |
| | 09 | ELECTION OF DIRECTOR: HELMUT PANKE | | | | Management | For | | | For |
Hillman Focused Advantage Fund
| | 10 | RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT AUDITOR | Management | For | | | For |
| | 11 | SHAREHOLDER PROPOSAL - ESTABLISHMENT OF BOARD COMMITTEE ON ENVIRONMENTAL SUSTAINABILITY | Shareholder | Against | For |
| | | | | | | | | | | | | | |
| | APPLE INC. | | | | | | | | | | | |
| | Security | | | | 037833100 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | AAPL | | | Meeting Date | | | 23-Feb-2011 | |
| | ISIN | | | | US0378331005 | | | Agenda | | | 933364755 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | DIRECTOR | | | | | Management | | | | |
| | | 1 | WILLIAM V. CAMPBELL | | | | | For | | | For |
| | | 2 | MILLARD S. DREXLER | | | | | For | | | For |
| | | 3 | ALBERT A. GORE, JR. | | | | | For | | | For |
| | | 4 | STEVEN P. JOBS | | | | | For | | | For |
| | | 5 | ANDREA JUNG | | | | | For | | | For |
| | | 6 | ARTHUR D. LEVINSON | | | | | For | | | For |
| | | 7 | RONALD D. SUGAR | | | | | For | | | For |
| | 02 | RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2011. | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF THE ADVISORY VOTE ON EXECUTIVE COMPENSATION. | Management | 1 Year | | For |
| | 05 | SHAREHOLDER PROPOSAL REGARDING SUCCESSION PLANNING, IF PROPERLY PRESENTED AT THE MEETING. | Shareholder | Against | For |
| | 06 | SHAREHOLDER PROPOSAL REGARDING MAJORITY VOTING, IF PROPERLY PRESENTED AT THE MEETING. | Shareholder | For | | | Against |
Hillman Focused Advantage Fund
| | | | | | | | | | | | | | |
| | STARBUCKS CORPORATION | | | | | | | | |
| | Security | | | | 855244109 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | SBUX | | | Meeting Date | | | 23-Mar-2011 | |
| | ISIN | | | | US8552441094 | | | Agenda | | | 933368044 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: HOWARD SCHULTZ | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: WILLIAM W. BRADLEY | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: MELLODY HOBSON | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: KEVIN R. JOHNSON | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: OLDEN LEE | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: SHERYL SANDBERG | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: JAMES G. SHENNAN, JR. | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: JAVIER G. TERUEL | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: MYRON E. ULLMAN, III | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: CRAIG E. WEATHERUP | | | | Management | For | | | For |
| | 02 | APPROVAL OF ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION | Management | For | | | For |
| | 03 | ADVISORY VOTE ON FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION | Management | 1 Year | | For |
| | 04 | APPROVAL OF REVISED PERFORMANCE CRITERIA UNDER 2005 LONG-TERM EQUITY INCENTIVE PLAN | Management | For | | | For |
| | 05 | APPROVAL OF AN AMENDMENT AND RESTATEMENT OF 2005 LONG-TERM EQUITY INCENTIVE PLAN, INCLUDING AN INCREASE IN NUMBER OF AUTHORIZED SHARES UNDER THE PLAN | Management | For | | | For |
| | 06 | RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING OCTOBER 2, 2011 | Management | For | | | For |
| | 07 | SHAREHOLDER PROPOSAL REGARDING RECYCLING STRATEGY FOR BEVERAGE CONTAINERS | Shareholder | Against | For |
Hillman Focused Advantage Fund
| | | | | | | | | | | | | | |
| | HEWLETT-PACKARD COMPANY | | | | | | | | |
| | Security | | | | 428236103 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | HPQ | | | Meeting Date | | | 23-Mar-2011 | |
| | ISIN | | | | US4282361033 | | | Agenda | | | 933369820 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: M.L. ANDREESSEN | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: L. APOTHEKER | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: L.T. BABBIO, JR. | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: S.M. BALDAUF | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: S. BANERJI | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: R.L. GUPTA | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: J.H. HAMMERGREN | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: R.J. LANE | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: G.M. REINER | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: P.F. RUSSO | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: D. SENEQUIER | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: G.K. THOMPSON | | | | Management | For | | | For |
| | 1M | ELECTION OF DIRECTOR: M.C. WHITMAN | | | | Management | For | | | For |
| | 02 | RATIFICATION OF THE APPOINTMENT OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING OCTOBER 31, 2011. | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | Against | Against |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF HOLDING FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION. | Management | 1 Year | | For |
| | 05 | APPROVAL OF THE HEWLETT-PACKARD COMPANY 2011 EMPLOYEE STOCK PURCHASE PLAN. | Management | For | | | For |
| | 06 | APPROVAL OF AN AMENDMENT TO THE HEWLETT- PACKARD COMPANY 2005 PAY-FOR-RESULTS PLAN TO EXTEND THE TERM OF THE PLAN. | Management | Against | Against |
Hillman Focused Advantage Fund
| | | | | | | | | | | | | | |
| | E. I. DU PONT DE NEMOURS AND COMPANY | | | | | | | | |
| | Security | | | | 263534109 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | DD | | | Meeting Date | | | 27-Apr-2011 | |
| | ISIN | | | | US2635341090 | | | Agenda | | | 933385521 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: RICHARD H. BROWN | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: ROBERT A. BROWN | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: BERTRAND P. COLLOMB | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: CURTIS J. CRAWFORD | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: ALEXANDER M. CUTLER | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: ELEUTHERE I. DU PONT | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: MARILLYN A. HEWSON | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: LOIS D. JULIBER | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: ELLEN J. KULLMAN | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: WILLIAM K. REILLY | | | | Management | For | | | For |
| | 02 | ON RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | | | For |
| | 03 | ON AMENDED EQUITY AND INCENTIVE PLAN | | | | Management | For | | | For |
| | 04 | TO APPROVE, BY ADVISORY VOTE, EXECUTIVE COMPENSATION | | Management | For | | | For |
| | 05 | TO RECOMMEND, BY ADVISORY VOTE, THE FREQUENCY OF EXECUTIVE COMPENSATION VOTES | Management | 1 Year | | For |
| | 06 | ON SPECIAL SHAREOWNER MEETINGS | | | | Shareholder | Against | For |
| | 07 | ON GENETICALLY ENGINEERED SEED | | | | Shareholder | Against | For |
| | 08 | ON EXECUTIVE COMPENSATION REPORT | | | | Shareholder | Against | For |
Hillman Focused Advantage Fund
| | | | | | | | | | | | | | |
| | CORNING INCORPORATED | | | | | | | | |
| | Security | | | | 219350105 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | GLW | | | Meeting Date | | | 28-Apr-2011 | |
| | ISIN | | | | US2193501051 | | | Agenda | | | 933380191 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: JOHN SEELY BROWN | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: JOHN A. CANNING, JR. | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: GORDON GUND | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: KURT M. LANDGRAF | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: H. ONNO RUDING | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: GLENN F. TILTON | | | | Management | For | | | For |
| | 02 | APPROVAL, BY NON-BINDING VOTE, ON EXECUTIVE COMPENSATION. | Management | For | | | For |
| | 03 | APPROVAL, BY NON-BINDING, ON THE FREQUENCY OF FUTURE EXECUTIVE COMPENSATION VOTES. | Management | 1 Year | | For |
| | 04 | RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS CORNING'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2011. | Management | For | | | For |
| | 05 | SHAREHOLDER PROPOSAL CONCERNING SPECIAL MEETINGS. | | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | AT&T INC. | | | | | | | | | | | | |
| | Security | | | | 00206R102 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | T | | | Meeting Date | | | 29-Apr-2011 | |
| | ISIN | | | | US00206R1023 | | | Agenda | | | 933378437 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: RANDALL L. STEPHENSON | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: GILBERT F. AMELIO | | | | Management | For | | | For |
Hillman Focused Advantage Fund
| | 1C | ELECTION OF DIRECTOR: REUBEN V. ANDERSON | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: JAMES H. BLANCHARD | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: JAIME CHICO PARDO | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: JAMES P. KELLY | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: JON C. MADONNA | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: LYNN M. MARTIN | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: JOHN B. MCCOY | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: JOYCE M. ROCHE | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: MATTHEW K. ROSE | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: LAURA D'ANDREA TYSON | | | | Management | For | | | For |
| | 02 | RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS. | | Management | For | | | For |
| | 03 | APPROVE 2011 INCENTIVE PLAN. | | | | Management | For | | | For |
| | 04 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 05 | ADVISORY VOTE ON FREQUENCY OF VOTE ON EXECUTIVE COMPENSATION. | Management | 1 Year | | Against |
| | 06 | POLITICAL CONTRIBUTIONS. | | | | Shareholder | Against | For |
| | 07 | SPECIAL STOCKHOLDER MEETINGS. | | | | Shareholder | Against | For |
| | 08 | WRITTEN CONSENT. | | | | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | JOHNSON & JOHNSON | | | | | | | | | |
| | Security | | | | 478160104 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | JNJ | | | Meeting Date | | | 28-Apr-2011 | |
| | ISIN | | | | US4781601046 | | | Agenda | | | 933382854 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: MARY SUE COLEMAN | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: JAMES G. CULLEN | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: IAN E.L. DAVIS | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: MICHAEL M.E. JOHNS | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: SUSAN L. LINDQUIST | | | | Management | For | | | For |
Hillman Focused Advantage Fund
| | 1F | ELECTION OF DIRECTOR: ANNE M. MULCAHY | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: LEO F. MULLIN | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: WILLIAM D. PEREZ | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: CHARLES PRINCE | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: DAVID SATCHER | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: WILLIAM C. WELDON | | | | Management | For | | | For |
| | 02 | RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2011 | Management | For | | | For |
| | 03 | ADVISORY VOTE ON NAMED EXECUTIVE OFFICER COMPENSATION | Management | For | | | For |
| | 04 | ADVISORY VOTE ON FREQUENCY OF ADVISORY VOTE ON NAMED EXECUTIVE OFFICER COMPENSATION | Management | 1 Year | | For |
| | 05 | SHAREHOLDER PROPOSAL ON PHARMACEUTICAL PRICE RESTRAINT | Shareholder | Against | For |
| | 06 | SHAREHOLDER PROPOSAL ON AMENDMENT TO COMPANY'S EQUAL EMPLOYMENT OPPORTUNITY POLICY | Shareholder | Against | For |
| | 07 | SHAREHOLDER PROPOSAL ON ADOPTING NON-ANIMAL METHODS FOR TRAINING | Shareholder | Against | For |
| | | | | | | | | | | | | | |
| | THE BOEING COMPANY | | | | | | | | |
| | Security | | | | 097023105 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | BA | | | Meeting Date | | | 02-May-2011 | |
| | ISIN | | | | US0970231058 | | | Agenda | | | 933387397 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: JOHN E. BRYSON | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: DAVID L. CALHOUN | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: ARTHUR D. COLLINS, JR. | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: LINDA Z. COOK | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: KENNETH M. DUBERSTEIN | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: EDMUND P. GIAMBASTIANI, JR. | | | Management | For | | | For |
Hillman Focused Advantage Fund
| | 1G | ELECTION OF DIRECTOR: EDWARD M. LIDDY | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: JOHN F. MCDONNELL | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: W. JAMES MCNERNEY, JR. | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: SUSAN C. SCHWAB | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: RONALD A. WILLIAMS | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: MIKE S. ZAFIROVSKI | | | | Management | For | | | For |
| | 02 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 03 | RECOMMEND THE FREQUENCY OF ADVISORY VOTES ON EXECUTIVE COMPENSATION. | Management | 1 Year | | Against |
| | 04 | RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITOR FOR 2011. | Management | For | | | For |
| | 05 | INDEPENDENT MONITORING OF THE HUMAN RIGHTS CODE. | | Shareholder | Against | For |
| | 06 | REPORT ON POLITICAL ACTIVITY. | | | | Shareholder | Against | For |
| | 07 | ACTION BY WRITTEN CONSENT. | | | | Shareholder | For | | | Against |
| | 08 | CHANGE OWNERSHIP THRESHOLD TO CALL SPECIAL MEETINGS. | | Shareholder | For | | | Against |
| | 09 | INDEPENDENT CHAIRMAN. | | | | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | PFIZER INC. | | | | | | | | | | | |
| | Security | | | | 717081103 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | PFE | | | Meeting Date | | | 28-Apr-2011 | |
| | ISIN | | | | US7170811035 | | | Agenda | | | 933392196 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: DENNIS A. AUSIELLO | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: MICHAEL S. BROWN | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: M. ANTHONY BURNS | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: W. DON CORNWELL | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: FRANCES D. FERGUSSON | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: WILLIAM H. GRAY III | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: CONSTANCE J. HORNER | | | | Management | For | | | For |
Hillman Focused Advantage Fund
| | 1H | ELECTION OF DIRECTOR: JAMES M. KILTS | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: GEORGE A. LORCH | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: JOHN P. MASCOTTE | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: SUZANNE NORA JOHNSON | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: IAN C. READ | | | | Management | For | | | For |
| | 1M | ELECTION OF DIRECTOR: STEPHEN W. SANGER | | | | Management | For | | | For |
| | 02 | PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2011. | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION | | | | Management | Against | Against |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION. | Management | 1 Year | | Against |
| | 05 | SHAREHOLDER PROPOSAL REGARDING PUBLICATION OF POLITICAL CONTRIBUTIONS | Shareholder | Against | For |
| | 06 | SHAREHOLDER PROPOSAL REGARDING PUBLIC POLICY INITIATIVES. | Shareholder | Against | For |
| | 07 | SHAREHOLDER PROPOSAL REGARDING PHARMACEUTICAL PRICE RESTRAINTS. | Shareholder | Against | For |
| | 08 | SHAREHOLDER PROPOSAL REGARDING ACTION BY WRITTEN CONSENT. | Shareholder | For | | | Against |
| | 09 | SHAREHOLDER PROPOSAL REGARDING SPECIAL SHAREHOLDER MEETINGS. | Shareholder | Against | For |
| | 10 | SHAREHOLDER PROPOSAL REGARDING ANIMAL RESEARCH | | Shareholder | Against | For |
| | | | | | | | | | | | | | |
| | GENERAL ELECTRIC COMPANY | | | | | | | | |
| | Security | | | | 369604103 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | GE | | | Meeting Date | | | 27-Apr-2011 | |
| | ISIN | | | | US3696041033 | | | Agenda | | | 933387664 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | A1 | ELECTION OF DIRECTOR: W. GEOFFREY BEATTIE | | Management | For | | For |
| | A2 | ELECTION OF DIRECTOR: JAMES I. CASH, JR. | | | | Management | For | | | For |
| | A3 | ELECTION OF DIRECTOR: ANN M. FUDGE | | | | Management | For | | | For |
Hillman Focused Advantage Fund
| | A4 | ELECTION OF DIRECTOR: SUSAN HOCKFIELD | | | | Management | For | | | For |
| | A5 | ELECTION OF DIRECTOR: JEFFREY R. IMMELT | | | | Management | For | | | For |
| | A6 | ELECTION OF DIRECTOR: ANDREA JUNG | | | | Management | For | | | For |
| | A7 | ELECTION OF DIRECTOR: ALAN G. (A.G.) LAFLEY | | | | Management | For | | | For |
| | A8 | ELECTION OF DIRECTOR: ROBERT W. LANE | | | | Management | For | | | For |
| | A9 | ELECTION OF DIRECTOR: RALPH S. LARSEN | | | | Management | For | | | For |
| | A10 | ELECTION OF DIRECTOR: ROCHELLE B. LAZARUS | | | | Management | For | | | For |
| | A11 | ELECTION OF DIRECTOR: JAMES J. MULVA | | | | Management | For | | | For |
| | A12 | ELECTION OF DIRECTOR: SAM NUNN | | | | Management | For | | | For |
| | A13 | ELECTION OF DIRECTOR: ROGER S. PENSKE | | | | Management | For | | | For |
| | A14 | ELECTION OF DIRECTOR: ROBERT J. SWIERINGA | | | | Management | For | | | For |
| | A15 | ELECTION OF DIRECTOR: JAMES S. TISCH | | | | Management | For | | | For |
| | A16 | ELECTION OF DIRECTOR: DOUGLAS A. WARNER III | | | | Management | For | | | For |
| | B1 | RATIFICATION OF KPMG | | | | Management | For | | | For |
| | B2 | ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION | | | Management | Against | Against |
| | B3 | ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION | Management | 1 Year | | For |
| | C1 | SHAREOWNER PROPOSAL: CUMULATIVE VOTING | | | | Shareholder | Against | For |
| | C2 | SHAREOWNER PROPOSAL: FUTURE STOCK OPTIONS | | | Shareholder | Against | For |
| | C3 | SHAREOWNER PROPOSAL: WITHDRAW STOCK OPTIONS GRANTED TO EXECUTIVES | Shareholder | Against | For |
| | C4 | SHAREOWNER PROPOSAL: CLIMATE CHANGE RISK DISCLOSURE | | Shareholder | Against | For |
| | C5 | SHAREOWNER PROPOSAL: TRANSPARENCY IN ANIMAL RESEARCH | | Shareholder | Against | For |
Hillman Focused Advantage Fund
| | | | | | | | | | | | | | |
| | AMERICAN EXPRESS COMPANY | | | | | | | | |
| | Security | | | | 025816109 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | AXP | | | Meeting Date | | | 02-May-2011 | |
| | ISIN | | | | US0258161092 | | | Agenda | | | 933388995 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | DIRECTOR | | | | | Management | | | | |
| | | 1 | D.F. AKERSON | | | | | For | | | For |
| | | 2 | C. BARSHEFSKY | | | | | For | | | For |
| | | 3 | U.M. BURNS | | | | | For | | | For |
| | | 4 | K.I. CHENAULT | | | | | For | | | For |
| | | 5 | P. CHERNIN | | | | | For | | | For |
| | | 6 | T.J. LEONSIS | | | | | For | | | For |
| | | 7 | J. LESCHLY | | | | | For | | | For |
| | | 8 | R.C. LEVIN | | | | | For | | | For |
| | | 9 | R.A. MCGINN | | | | | For | | | For |
| | | 10 | E.D. MILLER | | | | | For | | | For |
| | | 11 | S.S REINEMUND | | | | | For | | | For |
| | | 12 | R.D. WALTER | | | | | For | | | For |
| | | 13 | R.A. WILLIAMS | | | | | For | | | For |
| | 02 | RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2011. | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | Against | Against |
| | 04 | ADVISORY VOTE ON FREQUENCY OF ADVISORY EXECUTIVE COMPENSATION VOTE. | Management | 1 Year | | For |
| | 05 | SHAREHOLDER PROPOSAL RELATING TO CUMULATIVE VOTING FOR DIRECTORS. | Shareholder | Against | For |
| | 06 | SHAREHOLDER PROPOSAL RELATING TO THE CALLING OF SPECIAL SHAREHOLDER MEETINGS. | Shareholder | For | | | Against |
Hillman Focused Advantage Fund
| | | | | | | | | | | | | | |
| | VERIZON COMMUNICATIONS INC. | | | | | | | | |
| | Security | | | | 92343V104 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | VZ | | | Meeting Date | | | 05-May-2011 | |
| | ISIN | | | | US92343V1044 | | | Agenda | | | 933387830 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: RICHARD L. CARRION | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: M. FRANCES KEETH | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: ROBERT W. LANE | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: LOWELL C. MCADAM | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: SANDRA O. MOOSE | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: JOSEPH NEUBAUER | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: DONALD T. NICOLAISEN | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: CLARENCE OTIS, JR. | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: HUGH B. PRICE | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: IVAN G. SEIDENBERG | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: RODNEY E. SLATER | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: JOHN W. SNOW | | | | Management | For | | | For |
| | 02 | RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | | | For |
| | 03 | ADVISORY VOTE RELATED TO EXECUTIVE COMPENSATION | | Management | For | | | For |
| | 04 | ADVISORY VOTE RELATED TO FUTURE VOTES ON EXECUTIVE COMPENSATION | Management | 1 Year | | For |
| | 05 | DISCLOSE PRIOR GOVERNMENT SERVICE | | | | Shareholder | Against | For |
| | 06 | PERFORMANCE STOCK UNIT PERFORMANCE THRESHOLDS | | Shareholder | Against | For |
| | 07 | CUMULATIVE VOTING | | | | Shareholder | For | | | Against |
| | 08 | SHAREHOLDER RIGHT TO CALL A SPECIAL MEETING | | | | Shareholder | For | | | Against |
Hillman Focused Advantage Fund
| | | | | | | | | | | | | | |
| | THE GOLDMAN SACHS GROUP, INC. | | | | | | | | |
| | Security | | | | 38141G104 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | GS | | | Meeting Date | | | 06-May-2011 | |
| | ISIN | | | | US38141G1040 | | | Agenda | | | 933405397 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: LLOYD C. BLANKFEIN | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: JOHN H. BRYAN | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: GARY D. COHN | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: CLAES DAHLBACK | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: STEPHEN FRIEDMAN | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: WILLIAM W. GEORGE | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: JAMES A. JOHNSON | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: LOIS D. JULIBER | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: LAKSHMI N. MITTAL | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: JAMES J. SCHIRO | | | | Management | For | | | For |
| | 02 | ADVISORY VOTE ON EXECUTIVE COMPENSATION MATTERS (SAY ON PAY) | Management | For | | | For |
| | 03 | ADVISORY VOTE ON THE FREQUENCY OF SAY ON PAY | | | Management | 1 Year | | For |
| | 04 | RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR OUR 2011 FISCAL YEAR | Management | For | | | For |
| | 05 | SHAREHOLDER PROPOSAL REGARDING CUMULATIVE VOTING | | Shareholder | Against | For |
| | 06 | SHAREHOLDER PROPOSAL REGARDING SPECIAL SHAREOWNER MEETINGS | Shareholder | For | | | Against |
| | 07 | SHAREHOLDER PROPOSAL REGARDING EXECUTIVE COMPENSATION AND LONG-TERM PERFORMANCE | Shareholder | Against | For |
| | 08 | SHAREHOLDER PROPOSAL REGARDING A REPORT ON SENIOR EXECUTIVE COMPENSATION | Shareholder | Against | For |
Hillman Focused Advantage Fund
| | 09 | SHAREHOLDER PROPOSAL REGARDING A REPORT ON CLIMATE CHANGE RISK DISCLOSURE | Shareholder | Against | For |
| | 10 | SHAREHOLDER PROPOSAL REGARDING A REPORT ON POLITICAL CONTRIBUTIONS | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | BANK OF AMERICA CORPORATION | | | | | | | | |
| | Security | | | | 060505104 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | BAC | | | Meeting Date | | | 11-May-2011 | |
| | ISIN | | | | US0605051046 | | | Agenda | | | 933398491 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: MUKESH D. AMBANI | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: SUSAN S. BIES | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: FRANK P. BRAMBLE, SR. | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: VIRGIS W. COLBERT | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: CHARLES K. GIFFORD | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: CHARLES O. HOLLIDAY, JR. | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: D. PAUL JONES, JR. | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: MONICA C. LOZANO | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: THOMAS J. MAY | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: BRIAN T. MOYNIHAN | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: DONALD E. POWELL | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: CHARLES O. ROSSOTTI | | | | Management | For | | | For |
| | 1M | ELECTION OF DIRECTOR: ROBERT W. SCULLY | | | | Management | For | | | For |
| | 02 | AN ADVISORY (NON-BINDING) "SAY ON PAY" VOTE TO APPROVE EXECUTIVE COMPENSATION. | Management | For | | | For |
| | 03 | AN ADVISORY (NON-BINDING) VOTE ON THE FREQUENCY OF FUTURE ADVISORY "SAY ON PAY" VOTES. | Management | 1 Year | | For |
| | 04 | RATIFICATION OF THE REGISTERED INDEPENDENT PUBLIC ACCOUNTING FIRM FOR 2011. | Management | For | | | For |
| | 05 | STOCKHOLDER PROPOSAL - DISCLOSURE OF GOVERNMENT EMPLOYMENT. | Shareholder | Against | For |
Hillman Focused Advantage Fund
| | 06 | STOCKHOLDER PROPOSAL - STOCKHOLDER ACTION BY WRITTEN CONSENT. | Shareholder | For | | | Against |
| | 07 | STOCKHOLDER PROPOSAL - MORTGAGE SERVICING OPERATIONS. | Shareholder | For | | | Against |
| | 08 | STOCKHOLDER PROPOSAL - GRASSROOTS LOBBYING. | | | Shareholder | For | | | Against |
| | 09 | STOCKHOLDER PROPOSAL - OTC DERIVATIVES TRADING. | | Shareholder | Against | For |
| | 10 | STOCKHOLDER PROPOSAL - CUMULATIVE VOTING IN CONTESTED ELECTIONS. | Shareholder | For | | | Against |
| | 11 | STOCKHOLDER PROPOSAL - RECOUPMENT OF INCENTIVE COMPENSATION. | Shareholder | Against | For |
| | 12 | STOCKHOLDER PROPOSAL - PROHIBITION OF CERTAIN RELOCATION BENEFITS. | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | THE WESTERN UNION COMPANY | | | | | | | | |
| | Security | | | | 959802109 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | WU | | | Meeting Date | | | 20-May-2011 | |
| | ISIN | | | | US9598021098 | | | Agenda | | | 933412114 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: HIKMET ERSEK | | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: JACK M. GREENBERG | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: LINDA FAYNE LEVINSON | | | | Management | For | | | For |
| | 02 | RATIFICATION OF SELECTION OF AUDITORS | | | | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION | | | | Management | For | | | For |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF THE VOTE ON EXECUTIVE COMPENSATION | Management | 1 Year | | For |
| | 05 | STOCKHOLDER PROPOSAL REGARDING THE ELIMINATION OF THE CLASSIFICATION OF THE BOARD OF DIRECTORS | Shareholder | For | | | Against |
Hillman Focused Advantage Fund
| | | | | | | | | | | | | | |
| | JPMORGAN CHASE & CO. | | | | | | | | |
| | Security | | | | 46625H100 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | JPM | | | Meeting Date | | | 17-May-2011 | |
| | ISIN | | | | US46625H1005 | | | Agenda | | | 933404028 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: CRANDALL C. BOWLES | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: STEPHEN B. BURKE | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: DAVID M. COTE | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: JAMES S. CROWN | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: JAMES DIMON | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: ELLEN V. FUTTER | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: WILLIAM H. GRAY, III | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: LABAN P. JACKSON, JR. | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: DAVID C. NOVAK | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: LEE R. RAYMOND | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: WILLIAM C. WELDON | | | | Management | For | | | For |
| | 02 | APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION | | | | Management | For | | | For |
| | 04 | ADVISORY VOTE ON FREQUENCY OF ADVISORY VOTE ON EXECUTIVE COMPENSATION | Management | 1 Year | | For |
| | 05 | APPROVAL OF AMENDMENT TO LONG-TERM INCENTIVE PLAN | | Management | Against | Against |
| | 06 | POLITICAL NON-PARTISANSHIP | | | | Shareholder | Against | For |
| | 07 | SHAREHOLDER ACTION BY WRITTEN CONSENT | | | | Shareholder | For | | | Against |
| | 08 | MORTGAGE LOAN SERVICING | | | | Shareholder | Against | For |
| | 09 | POLITICAL CONTRIBUTIONS | | | | Shareholder | For | | | Against |
| | 10 | GENOCIDE-FREE INVESTING | | | | Shareholder | Against | For |
| | 11 | INDEPENDENT LEAD DIRECTOR | | | | Shareholder | Against | For |
Hillman Focused Advantage Fund
| | | | | | | | | | | | | | |
| | TRANSOCEAN, LTD. | | | | | | | | | | |
| | Security | | | | H8817H100 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | RIG | | | Meeting Date | | | 13-May-2011 | |
| | ISIN | | | | CH0048265513 | | | Agenda | | | 933405373 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | APPROVAL OF THE 2010 ANNUAL REPORT, INCLUDING THE CONSOLIDATED FINANCIAL STATEMENTS OF TRANSOCEAN LTD. FOR FISCAL YEAR 2010 AND THE STATUTORY FINANCIAL STATEMENTS OF TRANSOCEAN LTD. FOR FISCAL YEAR 2010. | Management | For | | For |
| | 02 | DISCHARGE OF THE MEMBERS OF THE BOARD OF DIRECTORS AND EXECUTIVE MANAGEMENT FROM LIABILITY FOR ACTIVITIES DURING FISCAL YEAR 2010. | Management | Against | Against |
| | 03 | APPROPRIATION OF AVAILABLE EARNINGS FOR FISCAL YEAR 2010. | Management | For | | | For |
| | 04 | PROPOSED REALLOCATION OF FREE RESERVE TO LEGAL RESERVE, RESERVE FROM CAPITAL CONTRIBUTIONS. | Management | For | | | For |
| | 05 | RESCISSION OF THE DISTRIBUTION TO SHAREHOLDERS IN THE FORM OF A PAR VALUE REDUCTION AS APPROVED AT THE 2010 ANNUAL GENERAL MEETING. | Management | For | | | For |
| | 06 | RELEASE AND ALLOCATION OF LEGAL RESERVE, RESERVE FROM CAPITAL CONTRIBUTIONS, TO DIVIDEND RESERVE FROM CAPITAL CONTRIBUTIONS; DIVIDEND DISTRIBUTION OUT OF THE DIVIDEND RESERVE FROM CAPITAL CONTRIBUTIONS. IF PROPOSAL 3 AND PROPOSAL 5 ARE NOT APPROVED AS PROPOSED BY THE BOARD OF DIRECTORS, THERE WILL BE NO VOTE ON THIS PROPOSAL 6. | Management | For | | | For |
| | 07 | NEW AUTHORIZED SHARE CAPITAL. | | | | Management | For | | | For |
| | 08 | REDUCTION OF THE MAXIMUM NUMBER OF MEMBERS OF THE BOARD OF DIRECTORS TO 12. | Management | For | | | For |
| | 9A | ELECTION OF CLASS III DIRECTOR: JAGJEET S. BINDRA | | | Management | For | | | For |
| | 9B | ELECTION OF CLASS III DIRECTOR: STEVE LUCAS | | | | Management | For | | | For |
Hillman Focused Advantage Fund
| | 9C | ELECTION OF CLASS I DIRECTOR: TAN EK KIA | | | | Management | For | | | For |
| | 9D | REELECTION OF CLASS III DIRECTOR: MARTIN B. MCNAMARA | | Management | For | | | For |
| | 9E | REELECTION OF CLASS III DIRECTOR: IAN C. STRACHAN | | | Management | For | | | For |
| | 10 | APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2011 AND REELECTION OF ERNST & YOUNG LTD., ZURICH, AS THE COMPANY'S AUDITOR FOR A FURTHER ONE-YEAR TERM. | Management | For | | | For |
| | 11 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 12 | ADVISORY VOTE ON THE FREQUENCY OF EXECUTIVE COMPENSATION VOTE. | Management | 1 Year | | For |
| | | | | | | | | | | | | | |
| | TRANSOCEAN, LTD. | | | | | | | | | | |
| | Security | | | | H8817H100 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | RIG | | | Meeting Date | | | 13-May-2011 | |
| | ISIN | | | | CH0048265513 | | | Agenda | | | 933443171 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | APPROVAL OF THE 2010 ANNUAL REPORT, INCLUDING THE CONSOLIDATED FINANCIAL STATEMENTS OF TRANSOCEAN LTD. FOR FISCAL YEAR 2010 AND THE STATUTORY FINANCIAL STATEMENTS OF TRANSOCEAN LTD. FOR FISCAL YEAR 2010. | Management | For | | For |
| | 02 | DISCHARGE OF THE MEMBERS OF THE BOARD OF DIRECTORS AND EXECUTIVE MANAGEMENT FROM LIABILITY FOR ACTIVITIES DURING FISCAL YEAR 2010. | Management | Against | Against |
| | 03 | APPROPRIATION OF AVAILABLE EARNINGS FOR FISCAL YEAR 2010. | Management | For | | | For |
| | 04 | PROPOSED REALLOCATION OF FREE RESERVE TO LEGAL RESERVE, RESERVE FROM CAPITAL CONTRIBUTIONS. | Management | For | | | For |
| | 05 | RESCISSION OF THE DISTRIBUTION TO SHAREHOLDERS IN THE FORM OF A PAR VALUE REDUCTION AS APPROVED AT THE 2010 ANNUAL GENERAL MEETING. | Management | For | | | For |
Hillman Focused Advantage Fund
| | 06 | RELEASE AND ALLOCATION OF LEGAL RESERVE, RESERVE FROM CAPITAL CONTRIBUTIONS, TO DIVIDEND RESERVE FROM CAPITAL CONTRIBUTIONS; DIVIDEND DISTRIBUTION OUT OF THE DIVIDEND RESERVE FROM CAPITAL CONTRIBUTIONS. IF PROPOSAL 3 AND PROPOSAL 5 ARE NOT APPROVED AS PROPOSED BY THE BOARD OF DIRECTORS, THERE WILL BE NO VOTE ON THIS PROPOSAL 6. | Management | For | | | For |
| | 07 | NEW AUTHORIZED SHARE CAPITAL. | | | | Management | For | | | For |
| | 08 | REDUCTION OF THE MAXIMUM NUMBER OF MEMBERS OF THE BOARD OF DIRECTORS TO 12. | Management | For | | | For |
| | 9A | ELECTION OF CLASS III DIRECTOR: JAGJEET S. BINDRA | | | Management | For | | | For |
| | 9B | ELECTION OF CLASS III DIRECTOR: STEVE LUCAS | | | | Management | For | | | For |
| | 9C | ELECTION OF CLASS I DIRECTOR: TAN EK KIA | | | | Management | For | | | For |
| | 9D | REELECTION OF CLASS III DIRECTOR: MARTIN B. MCNAMARA | | Management | For | | | For |
| | 9E | REELECTION OF CLASS III DIRECTOR: IAN C. STRACHAN | | | Management | For | | | For |
| | 10 | APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2011 AND REELECTION OF ERNST & YOUNG LTD., ZURICH, AS THE COMPANY'S AUDITOR FOR A FURTHER ONE-YEAR TERM. | Management | For | | | For |
| | 11 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 12 | ADVISORY VOTE ON THE FREQUENCY OF EXECUTIVE COMPENSATION VOTE. | Management | 1 Year | | For |
| | | | | | | | | | | | | | |
| | INGERSOLL-RAND PLC | | | | | | | | |
| | Security | | | | G47791101 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | IR | | | Meeting Date | | | 02-Jun-2011 | |
| | ISIN | | | | IE00B6330302 | | | Agenda | | | 933429171 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: A.C. BERZIN | | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: J. BRUTON | | | | Management | For | | | For |
Hillman Focused Advantage Fund
| | 1C | ELECTION OF DIRECTOR: J.L. COHON | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: G.D. FORSEE | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: P.C. GODSOE | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: E.E. HAGENLOCKER | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: C.J. HORNER | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: M.W. LAMACH | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: T.E. MARTIN | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: R.J. SWIFT | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: T.L. WHITE | | | | Management | For | | | For |
| | 02 | APPROVAL OF A NEW SENIOR EXECUTIVE PERFORMANCE PLAN. | | Management | For | | | For |
| | 03 | ADVISORY VOTE ON THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS. | Management | For | | | For |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF THE ADVISORY VOTE ON THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS. | Management | 1 Year | | For |
| | 05 | APPROVAL OF AUTHORITY FOR THE COMPANY AND/OR ANY SUBSIDIARY OF THE COMPANY TO MAKE MARKET PURCHASES OF COMPANY SHARES. | Management | For | | | For |
| | 06 | APPROVAL OF THE APPOINTMENT OF INDEPENDENT AUDITORS AND AUTHORIZATION OF THE AUDIT COMMITTEE TO SET THE AUDITORS' REMUNERATION. | Management | For | | | For |
| | | | | | | | | | | | | | |
| | EXXON MOBIL CORPORATION | | | | | | | | |
| | Security | | | | 30231G102 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | XOM | | | Meeting Date | | | 25-May-2011 | |
| | ISIN | | | | US30231G1022 | | | Agenda | | | 933416908 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | DIRECTOR | | | | | Management | | | | |
| | | 1 | M.J. BOSKIN | | | | | For | | | For |
| | | 2 | P. BRABECK-LETMATHE | | | | | For | | | For |
Hillman Focused Advantage Fund
| | | 3 | L.R. FAULKNER | | | | | For | | | For |
| | | 4 | J.S. FISHMAN | | | | | For | | | For |
| | | 5 | K.C. FRAZIER | | | | | For | | | For |
| | | 6 | W.W. GEORGE | | | | | For | | | For |
| | | 7 | M.C. NELSON | | | | | For | | | For |
| | | 8 | S.J. PALMISANO | | | | | For | | | For |
| | | 9 | S.S REINEMUND | | | | | For | | | For |
| | | 10 | R.W. TILLERSON | | | | | For | | | For |
| | | 11 | E.E. WHITACRE, JR. | | | | | For | | | For |
| | 02 | RATIFICATION OF INDEPENDENT AUDITORS (PAGE 55) | | | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION (PAGE 56) | | Management | Against | Against |
| | 04 | FREQUENCY OF ADVISORY VOTE ON EXECUTIVE COMPENSATION (PAGE 57) | Management | 1 Year | | Against |
| | 05 | INDEPENDENT CHAIRMAN (PAGE 58) | | | | Shareholder | For | | | Against |
| | 06 | REPORT ON POLITICAL CONTRIBUTIONS (PAGE 59) | | | | Shareholder | Against | For |
| | 07 | AMENDMENT OF EEO POLICY (PAGE 61) | | | | Shareholder | For | | | Against |
| | 08 | POLICY ON WATER (PAGE 62) | | | | Shareholder | Against | For |
| | 09 | REPORT ON CANADIAN OIL SANDS (PAGE 64) | | | | Shareholder | Against | For |
| | 10 | REPORT ON NATURAL GAS PRODUCTION (PAGE 65) | | | | Shareholder | Against | For |
| | 11 | REPORT ON ENERGY TECHNOLOGY (PAGE 67) | | | | Shareholder | Against | For |
| | 12 | GREENHOUSE GAS EMISSIONS GOALS (PAGE 68) | | | | Shareholder | Against | For |
Hillman Advantage Equity Fund
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
| | H.J. HEINZ COMPANY | | | | | | | | | |
| | Security | | | | 423074103 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | HNZ | | | Meeting Date | | | 31-Aug-2010 | |
| | ISIN | | | | US4230741039 | | | Agenda | | | 933309165 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: W.R. JOHNSON | | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: C.E. BUNCH | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: L.S. COLEMAN, JR. | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: J.G. DROSDICK | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: E.E. HOLIDAY | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: C. KENDLE | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: D.R. O'HARE | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: N. PELTZ | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: D.H. REILLEY | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: L.C. SWANN | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: T.J. USHER | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: M.F. WEINSTEIN | | | | Management | For | | | For |
| | 02 | RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | | | For |
| | 03 | SHAREHOLDER PROPOSAL REQUESTING THE RIGHT TO SHAREHOLDER ACTION BY WRITTEN CONSENT | Shareholder | For | | | Against |
Hillman Advantage Equity Fund
| | | | | | | | | | | | | | |
| | ORACLE CORPORATION | | | | | | | | |
| | Security | | | | 68389X105 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | ORCL | | | Meeting Date | | | 06-Oct-2010 | |
| | ISIN | | | | US68389X1054 | | | Agenda | | | 933328189 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | DIRECTOR | | | | | Management | | | | |
| | | 1 | JEFFREY S. BERG | | | | | For | | | For |
| | | 2 | H. RAYMOND BINGHAM | | | | | For | | | For |
| | | 3 | MICHAEL J. BOSKIN | | | | | For | | | For |
| | | 4 | SAFRA A. CATZ | | | | | For | | | For |
| | | 5 | BRUCE R. CHIZEN | | | | | For | | | For |
| | | 6 | GEORGE H. CONRADES | | | | | For | | | For |
| | | 7 | LAWRENCE J. ELLISON | | | | | For | | | For |
| | | 8 | HECTOR GARCIA-MOLINA | | | | | For | | | For |
| | | 9 | JEFFREY O. HENLEY | | | | | For | | | For |
| | | 10 | MARK V. HURD | | | | | For | | | For |
| | | 11 | DONALD L. LUCAS | | | | | For | | | For |
| | | 12 | NAOMI O. SELIGMAN | | | | | For | | | For |
| | 02 | APPROVE THE ORACLE CORPORATION EXECUTIVE BONUS PLAN. | | Management | For | | | For |
| | 03 | APPROVE THE ORACLE CORPORATION AMENDED AND RESTATED 2000 LONG-TERM EQUITY INCENTIVE PLAN, INCLUDING AN AMENDMENT TO INCREASE THE AGGREGATE NUMBER OF SHARES AUTHORIZED FOR ISSUANCE UNDER THE PLAN BY 419,020,418 SHARES. | Management | For | | | For |
| | 04 | RATIFY THE SELECTION OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING MAY 31, 2011. | Management | For | | | For |
Hillman Advantage Equity Fund
| | 05 | ACT ON A STOCKHOLDER PROPOSAL TO AMEND THE CORPORATE BYLAWS TO ESTABLISH A BOARD COMMITTEE ON SUSTAINABILITY. | Shareholder | Against | | For |
| | 06 | ACT ON A STOCKHOLDER PROPOSAL REGARDING MAJORITY VOTING IN DIRECTOR ELECTIONS. | Shareholder | For | | | Against |
| | 07 | ACT ON A STOCKHOLDER PROPOSAL REGARDING EQUITY RETENTION. | Shareholder | Against | | For |
| | | | | | | | | | | | | | |
| | HIGHMARK FUNDS | | | | | | | | | | |
| | Security | | | | 431114503 | | | Meeting Type | | | Special | |
| | Ticker Symbol | | | HMTXX | | | Meeting Date | | | 18-Nov-2010 | |
| | ISIN | | | | US4311145035 | | | Agenda | | | 933320296 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | DIRECTOR | | | | | Management | | | | |
| | | 1 | DAVID E. BENKERT | | | | | For | | | For |
| | | 2 | THOMAS L. BRAJE | | | | | For | | | For |
| | | 3 | EVELYN S. DILSAVER | | | | | For | | | For |
| | | 4 | DAVID A. GOLDFARB | | | | | For | | | For |
| | | 5 | EARLE A. MALM II | | | | | For | | | For |
| | | 6 | MICHAEL L. NOEL | | | | | For | | | For |
| | | 7 | MINDY M. POSOFF | | | | | For | | | For |
| | | 8 | ROBERT M. WHITLER | | | | | For | | | For |
| | 02 | APPROVAL OF AN AMENDMENT TO THE DECLARATION OF TRUST OF HIGHMARK FUNDS (THE "TRUST") TO PERMIT LIQUIDATIONS OF EACH SERIES OF THE TRUST (EACH A "FUND") WITH THE APPROVAL OF THE BOARD OF TRUSTEES OF THE TRUST (THE "BOARD") BUT WITHOUT OBTAINING SHAREHOLDER APPROVAL. | Management | Against | | Against |
Hillman Advantage Equity Fund
| | 03 | APPROVAL OF EXTENDING THE APPLICABILITY OF AN EXISTING AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT WITH HIGHMARK CAPITAL MANAGEMENT, INC. ("HCM") TO FUNDS ORGANIZED PRIOR TO MARCH 19, 2009, WHICH AMENDMENT GIVES SPECIFIC AUTHORIZATION TO HCM, WITH THE APPROVAL OF THE BOARD, TO DELEGATE ANY OR ALL OF ITS RESPONSIBILITIES UNDER THE INVESTMENT ADVISORY AGREEMENT. | Management | For | | | For |
| | 04 | APPROVAL OF AUTHORIZING HCM, WITH THE APPROVAL OF THE BOARD, INCLUDING A MAJORITY OF THE TRUSTEES OF THE FUNDS WHO ARE NOT "INTERESTED PERSONS" OF THE FUNDS OR HCM, TO ENTER INTO AND MATERIALLY AMEND SUB-ADVISORY AGREEMENTS WITH SUB ADVISERS, WITHOUT OBTAINING SHAREHOLDER APPROVAL, ALL AS MORE FULLY DESCRIBED IN THE PROXY STATEMENT. | Management | For | | | For |
| | | | | | | | | | | | | | |
| | MICROSOFT CORPORATION | | | | | | | | |
| | Security | | | | 594918104 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | MSFT | | | Meeting Date | | | 16-Nov-2010 | |
| | ISIN | | | | US5949181045 | | | Agenda | | | 933331011 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | ELECTION OF DIRECTOR: STEVEN A. BALLMER | | | Management | For | | For |
| | 02 | ELECTION OF DIRECTOR: DINA DUBLON | | | | Management | For | | | For |
| | 03 | ELECTION OF DIRECTOR: WILLIAM H. GATES III | | | | Management | For | | | For |
| | 04 | ELECTION OF DIRECTOR: RAYMOND V. GILMARTIN | | | | Management | For | | | For |
| | 05 | ELECTION OF DIRECTOR: REED HASTINGS | | | | Management | For | | | For |
| | 06 | ELECTION OF DIRECTOR: MARIA M. KLAWE | | | | Management | For | | | For |
| | 07 | ELECTION OF DIRECTOR: DAVID F. MARQUARDT | | | | Management | For | | | For |
| | 08 | ELECTION OF DIRECTOR: CHARLES H. NOSKI | | | | Management | For | | | For |
| | 09 | ELECTION OF DIRECTOR: HELMUT PANKE | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 10 | RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT AUDITOR | Management | For | | | For |
| | 11 | SHAREHOLDER PROPOSAL - ESTABLISHMENT OF BOARD COMMITTEE ON ENVIRONMENTAL SUSTAINABILITY | Shareholder | Against | | For |
| | | | | | | | | | | | | | |
| | THE CLOROX COMPANY | | | | | | | | |
| | Security | | | | 189054109 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | CLX | | | Meeting Date | | | 17-Nov-2010 | |
| | ISIN | | | | US1890541097 | | | Agenda | | | 933336326 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: DANIEL BOGGAN, JR. | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: RICHARD H. CARMONA | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: TULLY M. FRIEDMAN | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: GEORGE J. HARAD | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: DONALD R. KNAUSS | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: ROBERT W. MATSCHULLAT | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: GARY G. MICHAEL | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: EDWARD A. MUELLER | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: JAN L. MURLEY | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: PAMELA THOMAS-GRAHAM | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: CAROLYN M. TICKNOR | | | | Management | For | | | For |
| | 02 | RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. | Management | For | | | For |
| | 03 | APPROVAL OF THE MATERIAL TERMS OF THE PERFORMANCE GOALS UNDER THE COMPANY'S 2005 STOCK INCENTIVE PLAN. | Management | For | | | For |
| | 04 | APPROVAL OF THE MATERIAL TERMS OF THE PERFORMANCE GOALS UNDER THE COMPANY'S EXECUTIVE INCENTIVE COMPENSATION PLAN. | Management | For | | | For |
| | 05 | STOCKHOLDER PROPOSAL ON INDEPENDENT CHAIRMAN. | | | Shareholder | For | | | Against |
Hillman Advantage Equity Fund
| | | | | | | | | | | | | | |
| | CAMPBELL SOUP COMPANY | | | | | | | | |
| | Security | | | | 134429109 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | CPB | | | Meeting Date | | | 18-Nov-2010 | |
| | ISIN | | | | US1344291091 | | | Agenda | | | 933336314 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | DIRECTOR | | | | | Management | | | | |
| | | 1 | EDMUND M. CARPENTER | | | | | For | | | For |
| | | 2 | PAUL R. CHARRON | | | | | For | | | For |
| | | 3 | DOUGLAS R. CONANT | | | | | For | | | For |
| | | 4 | BENNETT DORRANCE | | | | | For | | | For |
| | | 5 | HARVEY GOLUB | | | | | For | | | For |
| | | 6 | LAWRENCE C. KARLSON | | | | | For | | | For |
| | | 7 | RANDALL W. LARRIMORE | | | | | For | | | For |
| | | 8 | MARY ALICE D. MALONE | | | | | For | | | For |
| | | 9 | SARA MATHEW | | | | | For | | | For |
| | | 10 | DENISE M. MORRISON | | | | | For | | | For |
| | | 11 | WILLIAM D. PEREZ | | | | | For | | | For |
| | | 12 | CHARLES R. PERRIN | | | | | For | | | For |
| | | 13 | A. BARRY RAND | | | | | For | | | For |
| | | 14 | NICK SHREIBER | | | | | For | | | For |
| | | 15 | ARCHBOLD D. VAN BEUREN | | | | | For | | | For |
| | | 16 | LES C. VINNEY | | | | | For | | | For |
| | | 17 | CHARLOTTE C. WEBER | | | | | For | | | For |
| | 02 | RATIFICATION OF APPOINTMENT OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. | Management | For | | | For |
| | 03 | APPROVE AMENDMENT OF THE CAMPBELL SOUP COMPANY 2005 LONG-TERM INCENTIVE PLAN. | Management | For | | | For |
Hillman Advantage Equity Fund
| | | | | | | | | | | | | | |
| | CISCO SYSTEMS, INC. | | | | | | | | | |
| | Security | | | | 17275R102 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | CSCO | | | Meeting Date | | | 18-Nov-2010 | |
| | ISIN | | | | US17275R1023 | | | Agenda | | | 933332265 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: CAROL A. BARTZ | | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: M. MICHELE BURNS | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: MICHAEL D. CAPELLAS | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: LARRY R. CARTER | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: JOHN T. CHAMBERS | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: BRIAN L. HALLA | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: DR. JOHN L. HENNESSY | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: RICHARD M. KOVACEVICH | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: RODERICK C. MCGEARY | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: MICHAEL K. POWELL | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: ARUN SARIN | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: STEVEN M. WEST | | | | Management | For | | | For |
| | 1M | ELECTION OF DIRECTOR: JERRY YANG | | | | Management | For | | | For |
| | 02 | TO APPROVE A NON-BINDING ADVISORY RESOLUTION REGARDING EXECUTIVE COMPENSATION. | Management | Against | | Against |
| | 03 | TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS CISCO'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING JULY 30, 2011. | Management | For | | | For |
| | 04 | PROPOSAL SUBMITTED BY A SHAREHOLDER TO AMEND CISCO'S BYLAWS TO ESTABLISH A BOARD COMMITTEE ON ENVIRONMENTAL SUSTAINABILITY. | Shareholder | Against | | For |
Hillman Advantage Equity Fund
| | 05 | PROPOSAL SUBMITTED BY SHAREHOLDERS REQUESTING THE BOARD TO PUBLISH A REPORT TO SHAREHOLDERS, WITHIN SIX MONTHS, PROVIDING A SUMMARIZED LISTING AND ASSESSMENT OF CONCRETE STEPS CISCO COULD REASONABLY TAKE TO REDUCE THE LIKELIHOOD THAT ITS BUSINESS PRACTICES MIGHT ENABLE OR ENCOURAGE THE VIOLATION OF HUMAN RIGHTS, AS SET FORTH IN THE ACCOMPANYING PROXY STATEMENT. | Shareholder | Against | | For |
| | 06 | PROPOSAL SUBMITTED BY A SHAREHOLDER REQUESTING THAT CISCO ADOPT AND IMPLEMENT A POLICY RESTRICTING CERTAIN SALES IN CHINA, ADOPT A RELATED OVERSIGHT AND COMPLIANCE SYSTEM WITH RESPECT TO HUMAN RIGHTS IMPACTS AND PROVIDE PUBLIC DISCLOSURE OF CISCO'S SALES TO CHINA AND CERTAIN OTHER GOVERNMENTS, AS SET FORTH IN THE ACCOMPANYING PROXY STATEMENT. | Shareholder | Against | | For |
| | | | | | | | | | | | | | |
| | APPLE INC. | | | | | | | | | | | |
| | Security | | | | 037833100 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | AAPL | | | Meeting Date | | | 23-Feb-2011 | |
| | ISIN | | | | US0378331005 | | | Agenda | | | 933364755 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | DIRECTOR | | | | | Management | | | | |
| | | 1 | WILLIAM V. CAMPBELL | | | | | For | | | For |
| | | 2 | MILLARD S. DREXLER | | | | | For | | | For |
| | | 3 | ALBERT A. GORE, JR. | | | | | For | | | For |
| | | 4 | STEVEN P. JOBS | | | | | For | | | For |
| | | 5 | ANDREA JUNG | | | | | For | | | For |
| | | 6 | ARTHUR D. LEVINSON | | | | | For | | | For |
| | | 7 | RONALD D. SUGAR | | | | | For | | | For |
Hillman Advantage Equity Fund
| | 02 | RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2011. | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF THE ADVISORY VOTE ON EXECUTIVE COMPENSATION. | Management | 1 Year | | For |
| | 05 | SHAREHOLDER PROPOSAL REGARDING SUCCESSION PLANNING, IF PROPERLY PRESENTED AT THE MEETING. | Shareholder | Against | | For |
| | 06 | SHAREHOLDER PROPOSAL REGARDING MAJORITY VOTING, IF PROPERLY PRESENTED AT THE MEETING. | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | THE WALT DISNEY COMPANY | | | | | | | | |
| | Security | | | | 254687106 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | DIS | | | Meeting Date | | | 23-Mar-2011 | |
| | ISIN | | | | US2546871060 | | | Agenda | | | 933369440 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: SUSAN E. ARNOLD | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: JOHN E. BRYSON | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: JOHN S. CHEN | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: JUDITH L. ESTRIN | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: ROBERT A. IGER | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: STEVEN P. JOBS | | | | Management | Against | | Against |
| | 1G | ELECTION OF DIRECTOR: FRED H. LANGHAMMER | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: AYLWIN B. LEWIS | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: MONICA C. LOZANO | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: ROBERT W. MATSCHULLAT | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: JOHN E. PEPPER, JR. | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: SHERYL K. SANDBERG | | | | Management | For | | | For |
| | 1M | ELECTION OF DIRECTOR: ORIN C. SMITH | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 02 | TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY'S REGISTERED PUBLIC ACCOUNTANTS FOR 2011. | Management | For | | | For |
| | 03 | TO APPROVE THE 2011 STOCK INCENTIVE PLAN. | | | | Management | For | | | For |
| | 04 | TO APPROVE THE ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION. | Management | Against | | Against |
| | 05 | TO APPROVE HOLDING AN ADVISORY VOTE ON EXECUTIVE COMPENSATION EVERY ONE, TWO OR THREE YEARS, AS INDICATED. | Management | 1 Year | | For |
| | 06 | TO APPROVE THE SHAREHOLDER PROPOSAL RELATING TO PERFORMANCE TESTS FOR RESTRICTED STOCK UNITS. | Shareholder | Against | | For |
| | | | | | | | | | | | | | |
| | STARBUCKS CORPORATION | | | | | | | | |
| | Security | | | | 855244109 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | SBUX | | | Meeting Date | | | 23-Mar-2011 | |
| | ISIN | | | | US8552441094 | | | Agenda | | | 933368044 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: HOWARD SCHULTZ | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: WILLIAM W. BRADLEY | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: MELLODY HOBSON | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: KEVIN R. JOHNSON | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: OLDEN LEE | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: SHERYL SANDBERG | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: JAMES G. SHENNAN, JR. | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: JAVIER G. TERUEL | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: MYRON E. ULLMAN, III | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: CRAIG E. WEATHERUP | | | | Management | For | | | For |
| | 02 | APPROVAL OF ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION | Management | For | | | For |
| | 03 | ADVISORY VOTE ON FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION | Management | 1 Year | | For |
Hillman Advantage Equity Fund
| | 04 | APPROVAL OF REVISED PERFORMANCE CRITERIA UNDER 2005 LONG-TERM EQUITY INCENTIVE PLAN | Management | For | | | For |
| | 05 | APPROVAL OF AN AMENDMENT AND RESTATEMENT OF 2005 LONG-TERM EQUITY INCENTIVE PLAN, INCLUDING AN INCREASE IN NUMBER OF AUTHORIZED SHARES UNDER THE PLAN | Management | For | | | For |
| | 06 | RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING OCTOBER 2, 2011 | Management | For | | | For |
| | 07 | SHAREHOLDER PROPOSAL REGARDING RECYCLING STRATEGY FOR BEVERAGE CONTAINERS | Shareholder | Against | | For |
| | | | | | | | | | | | | | |
| | HEWLETT-PACKARD COMPANY | | | | | | | | |
| | Security | | | | 428236103 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | HPQ | | | Meeting Date | | | 23-Mar-2011 | |
| | ISIN | | | | US4282361033 | | | Agenda | | | 933369820 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: M.L. ANDREESSEN | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: L. APOTHEKER | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: L.T. BABBIO, JR. | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: S.M. BALDAUF | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: S. BANERJI | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: R.L. GUPTA | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: J.H. HAMMERGREN | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: R.J. LANE | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: G.M. REINER | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: P.F. RUSSO | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: D. SENEQUIER | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: G.K. THOMPSON | | | | Management | For | | | For |
| | 1M | ELECTION OF DIRECTOR: M.C. WHITMAN | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 02 | RATIFICATION OF THE APPOINTMENT OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING OCTOBER 31, 2011. | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | Against | | Against |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF HOLDING FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION. | Management | 1 Year | | For |
| | 05 | APPROVAL OF THE HEWLETT-PACKARD COMPANY 2011 EMPLOYEE STOCK PURCHASE PLAN. | Management | For | | | For |
| | 06 | APPROVAL OF AN AMENDMENT TO THE HEWLETT- PACKARD COMPANY 2005 PAY-FOR-RESULTS PLAN TO EXTEND THE TERM OF THE PLAN. | Management | Against | | Against |
| | | | | | | | | | | | | | |
| | TEXAS INSTRUMENTS INCORPORATED | | | | | | | | |
| | Security | | | | 882508104 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | TXN | | | Meeting Date | | | 21-Apr-2011 | |
| | ISIN | | | | US8825081040 | | | Agenda | | | 933376534 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: R.W. BABB, JR. | | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: D.A. CARP | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: C.S. COX | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: S.P. MACMILLAN | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: P.H. PATSLEY | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: R.E. SANCHEZ | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: W.R. SANDERS | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: R.J. SIMMONS | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: R.K. TEMPLETON | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: C.T. WHITMAN | | | | Management | For | | | For |
| | 02 | BOARD PROPOSAL REGARDING AN ADVISORY VOTE ON NAMED EXECUTIVE OFFICER COMPENSATION. | Management | For | | | For |
Hillman Advantage Equity Fund
| | 03 | BOARD PROPOSAL REGARDING AN ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON NAMED EXECUTIVE OFFICER COMPENSATION. | Management | 1 Year | | Against |
| | 04 | BOARD PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2011. | Management | For | | | For |
| | | | | | | | | | | | | | |
| | INTERNATIONAL BUSINESS MACHINES CORP. | | | | | | | | |
| | Security | | | | 459200101 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | IBM | | | Meeting Date | | | 26-Apr-2011 | |
| | ISIN | | | | US4592001014 | | | Agenda | | | 933380381 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: A.J.P. BELDA | | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: W.R. BRODY | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: K.I. CHENAULT | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: M.L. ESKEW | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: S.A. JACKSON | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: A.N. LIVERIS | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: W.J. MCNERNEY, JR. | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: J.W. OWENS | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: S.J. PALMISANO | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: J.E. SPERO | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: S. TAUREL | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: L.H. ZAMBRANO | | | | Management | For | | | For |
| | 02 | RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (PAGE 71) | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION (PAGE 72) | | | Management | For | | | For |
| | 04 | ADVISORY VOTE REGARDING FREQUENCY OF ADVISORY VOTE ON EXECUTIVE COMPENSATION (PAGE 73) | Management | 1 Year | | Against |
| | 05 | STOCKHOLDER PROPOSAL ON CUMULATIVE VOTING (PAGE 74) | | Shareholder | Against | | For |
Hillman Advantage Equity Fund
| | 06 | STOCKHOLDER PROPOSAL TO REVIEW POLITICAL CONTRIBUTIONS POLICY (PAGES 74-75) | Shareholder | Against | | For |
| | 07 | STOCKHOLDER PROPOSAL ON LOBBYING (PAGES 75-76) | | | Shareholder | Against | | For |
| | | | | | | | | | | | | | |
| | E. I. DU PONT DE NEMOURS AND COMPANY | | | | | | | | |
| | Security | | | | 263534109 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | DD | | | Meeting Date | | | 27-Apr-2011 | |
| | ISIN | | | | US2635341090 | | | Agenda | | | 933385521 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: RICHARD H. BROWN | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: ROBERT A. BROWN | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: BERTRAND P. COLLOMB | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: CURTIS J. CRAWFORD | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: ALEXANDER M. CUTLER | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: ELEUTHERE I. DU PONT | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: MARILLYN A. HEWSON | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: LOIS D. JULIBER | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: ELLEN J. KULLMAN | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: WILLIAM K. REILLY | | | | Management | For | | | For |
| | 02 | ON RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | | | For |
| | 03 | ON AMENDED EQUITY AND INCENTIVE PLAN | | | | Management | For | | | For |
| | 04 | TO APPROVE, BY ADVISORY VOTE, EXECUTIVE COMPENSATION | | Management | For | | | For |
| | 05 | TO RECOMMEND, BY ADVISORY VOTE, THE FREQUENCY OF EXECUTIVE COMPENSATION VOTES | Management | 1 Year | | For |
| | 06 | ON SPECIAL SHAREOWNER MEETINGS | | | | Shareholder | Against | | For |
| | 07 | ON GENETICALLY ENGINEERED SEED | | | | Shareholder | Against | | For |
| | 08 | ON EXECUTIVE COMPENSATION REPORT | | | | Shareholder | Against | | For |
Hillman Advantage Equity Fund
| | | | | | | | | | | | | | |
| | CORNING INCORPORATED | | | | | | | | |
| | Security | | | | 219350105 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | GLW | | | Meeting Date | | | 28-Apr-2011 | |
| | ISIN | | | | US2193501051 | | | Agenda | | | 933380191 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: JOHN SEELY BROWN | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: JOHN A. CANNING, JR. | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: GORDON GUND | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: KURT M. LANDGRAF | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: H. ONNO RUDING | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: GLENN F. TILTON | | | | Management | For | | | For |
| | 02 | APPROVAL, BY NON-BINDING VOTE, ON EXECUTIVE COMPENSATION. | | Management | For | | | For |
| | 03 | APPROVAL, BY NON-BINDING, ON THE FREQUENCY OF FUTURE EXECUTIVE COMPENSATION VOTES. | Management | 1 Year | | For |
| | 04 | RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS CORNING'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2011. | Management | For | | | For |
| | 05 | SHAREHOLDER PROPOSAL CONCERNING SPECIAL MEETINGS. | | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | AT&T INC. | | | | | | | | | | | | |
| | Security | | | | 00206R102 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | T | | | Meeting Date | | | 29-Apr-2011 | |
| | ISIN | | | | US00206R1023 | | | Agenda | | | 933378437 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: RANDALL L. STEPHENSON | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: GILBERT F. AMELIO | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: REUBEN V. ANDERSON | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: JAMES H. BLANCHARD | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 1E | ELECTION OF DIRECTOR: JAIME CHICO PARDO | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: JAMES P. KELLY | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: JON C. MADONNA | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: LYNN M. MARTIN | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: JOHN B. MCCOY | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: JOYCE M. ROCHE | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: MATTHEW K. ROSE | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: LAURA D'ANDREA TYSON | | | | Management | For | | | For |
| | 02 | RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS. | | Management | For | | | For |
| | 03 | APPROVE 2011 INCENTIVE PLAN. | | | | Management | For | | | For |
| | 04 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 05 | ADVISORY VOTE ON FREQUENCY OF VOTE ON EXECUTIVE COMPENSATION. | Management | 1 Year | | Against |
| | 06 | POLITICAL CONTRIBUTIONS. | | | | Shareholder | Against | | For |
| | 07 | SPECIAL STOCKHOLDER MEETINGS. | | | | Shareholder | Against | | For |
| | 08 | WRITTEN CONSENT. | | | | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | JOHNSON & JOHNSON | | | | | | | | | |
| | Security | | | | 478160104 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | JNJ | | | Meeting Date | | | 28-Apr-2011 | |
| | ISIN | | | | US4781601046 | | | Agenda | | | 933382854 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: MARY SUE COLEMAN | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: JAMES G. CULLEN | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: IAN E.L. DAVIS | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: MICHAEL M.E. JOHNS | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: SUSAN L. LINDQUIST | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: ANNE M. MULCAHY | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: LEO F. MULLIN | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 1H | ELECTION OF DIRECTOR: WILLIAM D. PEREZ | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: CHARLES PRINCE | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: DAVID SATCHER | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: WILLIAM C. WELDON | | | | Management | For | | | For |
| | 02 | RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2011 | Management | For | | | For |
| | 03 | ADVISORY VOTE ON NAMED EXECUTIVE OFFICER COMPENSATION | | Management | For | | | For |
| | 04 | ADVISORY VOTE ON FREQUENCY OF ADVISORY VOTE ON NAMED EXECUTIVE OFFICER COMPENSATION | Management | 1 Year | | For |
| | 05 | SHAREHOLDER PROPOSAL ON PHARMACEUTICAL PRICE RESTRAINT | | Shareholder | Against | | For |
| | 06 | SHAREHOLDER PROPOSAL ON AMENDMENT TO COMPANY'S EQUAL EMPLOYMENT OPPORTUNITY POLICY | Shareholder | Against | | For |
| | 07 | SHAREHOLDER PROPOSAL ON ADOPTING NON-ANIMAL METHODS FOR TRAINING | Shareholder | Against | | For |
| | | | | | | | | | | | | | |
| | THE BOEING COMPANY | | | | | | | | |
| | Security | | | | 097023105 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | BA | | | Meeting Date | | | 02-May-2011 | |
| | ISIN | | | | US0970231058 | | | Agenda | | | 933387397 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: JOHN E. BRYSON | | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: DAVID L. CALHOUN | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: ARTHUR D. COLLINS, JR. | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: LINDA Z. COOK | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: KENNETH M. DUBERSTEIN | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: EDMUND P. GIAMBASTIANI, JR. | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: EDWARD M. LIDDY | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: JOHN F. MCDONNELL | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 1I | ELECTION OF DIRECTOR: W. JAMES MCNERNEY, JR. | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: SUSAN C. SCHWAB | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: RONALD A. WILLIAMS | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: MIKE S. ZAFIROVSKI | | | | Management | For | | | For |
| | 02 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 03 | RECOMMEND THE FREQUENCY OF ADVISORY VOTES ON EXECUTIVE COMPENSATION. | Management | 1 Year | | Against |
| | 04 | RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITOR FOR 2011. | Management | For | | | For |
| | 05 | INDEPENDENT MONITORING OF THE HUMAN RIGHTS CODE. | | | Shareholder | Against | | For |
| | 06 | REPORT ON POLITICAL ACTIVITY. | | | | Shareholder | Against | | For |
| | 07 | ACTION BY WRITTEN CONSENT. | | | | Shareholder | For | | | Against |
| | 08 | CHANGE OWNERSHIP THRESHOLD TO CALL SPECIAL MEETINGS. | | Shareholder | For | | | Against |
| | 09 | INDEPENDENT CHAIRMAN. | | | | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | HONEYWELL INTERNATIONAL INC. | | | | | | | | |
| | Security | | | | 438516106 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | HON | | | Meeting Date | | | 25-Apr-2011 | |
| | ISIN | | | | US4385161066 | | | Agenda | | | 933380115 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: GORDON M. BETHUNE | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: KEVIN BURKE | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: JAIME CHICO PARDO | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: DAVID M. COTE | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: D. SCOTT DAVIS | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: LINNET F. DEILY | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: JUDD GREGG | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: CLIVE R. HOLLICK | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: GEORGE PAZ | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 1J | ELECTION OF DIRECTOR: BRADLEY T. SHEARES | | | | Management | For | | | For |
| | 02 | APPROVAL OF INDEPENDENT ACCOUNTANTS. | | | | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF THE ADVISORY VOTE ON EXECUTIVE COMPENSATION. | Management | 1 Year | | For |
| | 05 | 2011 STOCK INCENTIVE PLAN OF HONEYWELL INTERNATIONAL INC. AND ITS AFFILIATES. | Management | For | | | For |
| | 06 | HONEYWELL INTERNATIONAL INC. INCENTIVE COMPENSATION PLAN FOR EXECUTIVE EMPLOYEES, AMENDED AND RESTATED EFFECTIVE AS OF JANUARY 1, 2011. | Management | For | | | For |
| | 07 | SHAREHOLDER ACTION BY WRITTEN CONSENT. | | | | Shareholder | For | | | Against |
| | 08 | SPECIAL SHAREOWNER MEETINGS. | | | | Shareholder | Against | | For |
| | | | | | | | | | | | | | |
| | PFIZER INC. | | | | | | | | | | | |
| | Security | | | | 717081103 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | PFE | | | Meeting Date | | | 28-Apr-2011 | |
| | ISIN | | | | US7170811035 | | | Agenda | | | 933392196 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: DENNIS A. AUSIELLO | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: MICHAEL S. BROWN | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: M. ANTHONY BURNS | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: W. DON CORNWELL | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: FRANCES D. FERGUSSON | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: WILLIAM H. GRAY III | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: CONSTANCE J. HORNER | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: JAMES M. KILTS | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: GEORGE A. LORCH | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: JOHN P. MASCOTTE | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: SUZANNE NORA JOHNSON | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: IAN C. READ | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 1M | ELECTION OF DIRECTOR: STEPHEN W. SANGER | | | | Management | For | | | For |
| | 02 | PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2011. | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION | | | | Management | Against | | Against |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION. | Management | 1 Year | | Against |
| | 05 | SHAREHOLDER PROPOSAL REGARDING PUBLICATION OF POLITICAL CONTRIBUTIONS | Shareholder | Against | | For |
| | 06 | SHAREHOLDER PROPOSAL REGARDING PUBLIC POLICY INITIATIVES. | | Shareholder | Against | | For |
| | 07 | SHAREHOLDER PROPOSAL REGARDING PHARMACEUTICAL PRICE RESTRAINTS. | Shareholder | Against | | For |
| | 08 | SHAREHOLDER PROPOSAL REGARDING ACTION BY WRITTEN CONSENT. | Shareholder | For | | | Against |
| | 09 | SHAREHOLDER PROPOSAL REGARDING SPECIAL SHAREHOLDER MEETINGS. | Shareholder | Against | | For |
| | 10 | SHAREHOLDER PROPOSAL REGARDING ANIMAL RESEARCH | | Shareholder | Against | | For |
| | | | | | | | | | | | | | |
| | GENERAL ELECTRIC COMPANY | | | | | | | | |
| | Security | | | | 369604103 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | GE | | | Meeting Date | | | 27-Apr-2011 | |
| | ISIN | | | | US3696041033 | | | Agenda | | | 933387664 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | A1 | ELECTION OF DIRECTOR: W. GEOFFREY BEATTIE | | Management | For | | For |
| | A2 | ELECTION OF DIRECTOR: JAMES I. CASH, JR. | | | | Management | For | | | For |
| | A3 | ELECTION OF DIRECTOR: ANN M. FUDGE | | | | Management | For | | | For |
| | A4 | ELECTION OF DIRECTOR: SUSAN HOCKFIELD | | | | Management | For | | | For |
| | A5 | ELECTION OF DIRECTOR: JEFFREY R. IMMELT | | | | Management | For | | | For |
| | A6 | ELECTION OF DIRECTOR: ANDREA JUNG | | | | Management | For | | | For |
| | A7 | ELECTION OF DIRECTOR: ALAN G. (A.G.) LAFLEY | | | | Management | For | | | For |
| | A8 | ELECTION OF DIRECTOR: ROBERT W. LANE | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | A9 | ELECTION OF DIRECTOR: RALPH S. LARSEN | | | | Management | For | | | For |
| | A10 | ELECTION OF DIRECTOR: ROCHELLE B. LAZARUS | | | | Management | For | | | For |
| | A11 | ELECTION OF DIRECTOR: JAMES J. MULVA | | | | Management | For | | | For |
| | A12 | ELECTION OF DIRECTOR: SAM NUNN | | | | Management | For | | | For |
| | A13 | ELECTION OF DIRECTOR: ROGER S. PENSKE | | | | Management | For | | | For |
| | A14 | ELECTION OF DIRECTOR: ROBERT J. SWIERINGA | | | | Management | For | | | For |
| | A15 | ELECTION OF DIRECTOR: JAMES S. TISCH | | | | Management | For | | | For |
| | A16 | ELECTION OF DIRECTOR: DOUGLAS A. WARNER III | | | | Management | For | | | For |
| | B1 | RATIFICATION OF KPMG | | | | Management | For | | | For |
| | B2 | ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION | | | Management | Against | | Against |
| | B3 | ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION | Management | 1 Year | | For |
| | C1 | SHAREOWNER PROPOSAL: CUMULATIVE VOTING | | | | Shareholder | Against | | For |
| | C2 | SHAREOWNER PROPOSAL: FUTURE STOCK OPTIONS | | | | Shareholder | Against | | For |
| | C3 | SHAREOWNER PROPOSAL: WITHDRAW STOCK OPTIONS GRANTED TO EXECUTIVES | Shareholder | Against | | For |
| | C4 | SHAREOWNER PROPOSAL: CLIMATE CHANGE RISK DISCLOSURE | | Shareholder | Against | | For |
| | C5 | SHAREOWNER PROPOSAL: TRANSPARENCY IN ANIMAL RESEARCH | | Shareholder | Against | | For |
| | | | | | | | | | | | | | |
| | AMERICAN EXPRESS COMPANY | | | | | | | | |
| | Security | | | | 025816109 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | AXP | | | Meeting Date | | | 02-May-2011 | |
| | ISIN | | | | US0258161092 | | | Agenda | | | 933388995 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | DIRECTOR | | | | | Management | | | | |
| | | 1 | D.F. AKERSON | | | | | For | | | For |
| | | 2 | C. BARSHEFSKY | | | | | For | | | For |
| | | 3 | U.M. BURNS | | | | | For | | | For |
Hillman Advantage Equity Fund
| | | 4 | K.I. CHENAULT | | | | | For | | | For |
| | | 5 | P. CHERNIN | | | | | For | | | For |
| | | 6 | T.J. LEONSIS | | | | | For | | | For |
| | | 7 | J. LESCHLY | | | | | For | | | For |
| | | 8 | R.C. LEVIN | | | | | For | | | For |
| | | 9 | R.A. MCGINN | | | | | For | | | For |
| | | 10 | E.D. MILLER | | | | | For | | | For |
| | | 11 | S.S REINEMUND | | | | | For | | | For |
| | | 12 | R.D. WALTER | | | | | For | | | For |
| | | 13 | R.A. WILLIAMS | | | | | For | | | For |
| | 02 | RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2011. | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | Against | | Against |
| | 04 | ADVISORY VOTE ON FREQUENCY OF ADVISORY EXECUTIVE COMPENSATION VOTE. | Management | 1 Year | | For |
| | 05 | SHAREHOLDER PROPOSAL RELATING TO CUMULATIVE VOTING FOR DIRECTORS. | Shareholder | Against | | For |
| | 06 | SHAREHOLDER PROPOSAL RELATING TO THE CALLING OF SPECIAL SHAREHOLDER MEETINGS. | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | VERIZON COMMUNICATIONS INC. | | | | | | | | |
| | Security | | | | 92343V104 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | VZ | | | Meeting Date | | | 05-May-2011 | |
| | ISIN | | | | US92343V1044 | | | Agenda | | | 933387830 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: RICHARD L. CARRION | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: M. FRANCES KEETH | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: ROBERT W. LANE | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: LOWELL C. MCADAM | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 1E | ELECTION OF DIRECTOR: SANDRA O. MOOSE | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: JOSEPH NEUBAUER | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: DONALD T. NICOLAISEN | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: CLARENCE OTIS, JR. | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: HUGH B. PRICE | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: IVAN G. SEIDENBERG | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: RODNEY E. SLATER | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: JOHN W. SNOW | | | | Management | For | | | For |
| | 02 | RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | | | For |
| | 03 | ADVISORY VOTE RELATED TO EXECUTIVE COMPENSATION | | | Management | For | | | For |
| | 04 | ADVISORY VOTE RELATED TO FUTURE VOTES ON EXECUTIVE COMPENSATION | Management | 1 Year | | For |
| | 05 | DISCLOSE PRIOR GOVERNMENT SERVICE | | | | Shareholder | Against | | For |
| | 06 | PERFORMANCE STOCK UNIT PERFORMANCE THRESHOLDS | | | Shareholder | Against | | For |
| | 07 | CUMULATIVE VOTING | | | | Shareholder | For | | | Against |
| | 08 | SHAREHOLDER RIGHT TO CALL A SPECIAL MEETING | | | | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | THE GOLDMAN SACHS GROUP, INC. | | | | | | | | |
| | Security | | | | 38141G104 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | GS | | | Meeting Date | | | 06-May-2011 | |
| | ISIN | | | | US38141G1040 | | | Agenda | | | 933405397 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: LLOYD C. BLANKFEIN | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: JOHN H. BRYAN | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: GARY D. COHN | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: CLAES DAHLBACK | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: STEPHEN FRIEDMAN | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: WILLIAM W. GEORGE | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: JAMES A. JOHNSON | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 1H | ELECTION OF DIRECTOR: LOIS D. JULIBER | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: LAKSHMI N. MITTAL | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: JAMES J. SCHIRO | | | | Management | For | | | For |
| | 02 | ADVISORY VOTE ON EXECUTIVE COMPENSATION MATTERS (SAY ON PAY) | Management | For | | | For |
| | 03 | ADVISORY VOTE ON THE FREQUENCY OF SAY ON PAY | | | | Management | 1 Year | | For |
| | 04 | RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR OUR 2011 FISCAL YEAR | Management | For | | | For |
| | 05 | SHAREHOLDER PROPOSAL REGARDING CUMULATIVE VOTING | | Shareholder | Against | | For |
| | 06 | SHAREHOLDER PROPOSAL REGARDING SPECIAL SHAREOWNER MEETINGS | Shareholder | For | | | Against |
| | 07 | SHAREHOLDER PROPOSAL REGARDING EXECUTIVE COMPENSATION AND LONG-TERM PERFORMANCE | Shareholder | Against | | For |
| | 08 | SHAREHOLDER PROPOSAL REGARDING A REPORT ON SENIOR EXECUTIVE COMPENSATION | Shareholder | Against | | For |
| | 09 | SHAREHOLDER PROPOSAL REGARDING A REPORT ON CLIMATE CHANGE RISK DISCLOSURE | Shareholder | Against | | For |
| | 10 | SHAREHOLDER PROPOSAL REGARDING A REPORT ON POLITICAL CONTRIBUTIONS | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | LABORATORY CORP. OF AMERICA HOLDINGS | | | | | | | | |
| | Security | | | | 50540R409 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | LH | | | Meeting Date | | | 11-May-2011 | |
| | ISIN | | | | US50540R4092 | | | Agenda | | | 933398554 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: DAVID P. KING | | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: KERRII B. ANDERSON | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: JEAN-LUC BELINGARD | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 1D | ELECTION OF DIRECTOR: N. ANTHONY COLES, JR., M.D., M.P.H. | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: WENDY E. LANE | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: THOMAS P. MAC MAHON | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: ROBERT E. MITTELSTAEDT, JR. | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: ARTHUR H. RUBENSTEIN, MBBCH | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: M. KEITH WEIKEL, PH.D. | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: R. SANDERS WILLIAMS, M.D. | | | | Management | For | | | For |
| | 02 | TO APPROVE, BY NON-BINDING VOTE, EXECUTIVE COMPENSATION. | | Management | For | | | For |
| | 03 | TO RECOMMEND, BY NON-BINDING VOTE, THE FREQUENCY OF EXECUTIVE COMPENSATION VOTES. | Management | 1 Year | | For |
| | 04 | RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS LABORATORY CORPORATION OF AMERICA HOLDINGS' INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2011. | Management | For | | | For |
| | | | | | | | | | | | | | |
| | 3M COMPANY | | | | | | | | | | | |
| | Security | | | | 88579Y101 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | MMM | | | Meeting Date | | | 10-May-2011 | |
| | ISIN | | | | US88579Y1010 | | | Agenda | | | 933390407 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: LINDA G. ALVARADO | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: GEORGE W. BUCKLEY | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: VANCE D. COFFMAN | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: MICHAEL L. ESKEW | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: W. JAMES FARRELL | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: HERBERT L. HENKEL | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: EDWARD M. LIDDY | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: ROBERT S. MORRISON | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: AULANA L. PETERS | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 1J | ELECTION OF DIRECTOR: ROBERT J. ULRICH | | | | Management | For | | | For |
| | 02 | TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS 3M'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. | Management | For | | | For |
| | 03 | AN ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 04 | AN ADVISORY VOTE ON THE FREQUENCY OF ADVISORY VOTES ON EXECUTIVE COMPENSATION. | Management | 1 Year | | For |
| | 05 | STOCKHOLDER PROPOSAL ON POLITICAL CONTRIBUTIONS. | | | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | NUCOR CORPORATION | | | | | | | | | |
| | Security | | | | 670346105 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | NUE | | | Meeting Date | | | 12-May-2011 | |
| | ISIN | | | | US6703461052 | | | Agenda | | | 933397588 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | DIRECTOR | | | | | Management | | | | |
| | | 1 | PETER C. BROWNING | | | | | For | | | For |
| | | 2 | VICTORIA F. HAYNES | | | | | For | | | For |
| | | 3 | CHRISTOPHER J. KEARNEY | | | | | For | | | For |
| | 02 | RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS NUCOR'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2011 | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION | | | | Management | Against | | Against |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION | Management | 1 Year | | Against |
| | 05 | STOCKHOLDER PROPOSAL REGARDING MAJORITY VOTE | | | Shareholder | For | | | Against |
| | 06 | STOCKHOLDER PROPOSAL REGARDING INDEPENDENT CHAIRMAN | | Shareholder | For | | | Against |
Hillman Advantage Equity Fund
| | | | | | | | | | | | | | |
| | THE ALLSTATE CORPORATION | | | | | | | | |
| | Security | | | | 020002101 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | ALL | | | Meeting Date | | | 17-May-2011 | |
| | ISIN | | | | US0200021014 | | | Agenda | | | 933400551 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: F. DUANE ACKERMAN | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: ROBERT D. BEYER | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: W. JAMES FARRELL | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: JACK M. GREENBERG | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: RONALD T. LEMAY | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: ANDREA REDMOND | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: H. JOHN RILEY, JR. | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: JOSHUA I. SMITH | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: JUDITH A. SPRIESER | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: MARY ALICE TAYLOR | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: THOMAS J. WILSON | | | | Management | For | | | For |
| | 02 | RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS ALLSTATE'S INDEPENDENT REGISTERED PUBLIC ACCOUNTANT FOR 2011. | Management | For | | | For |
| | 03 | APPROVE THE PROPOSED AMENDMENT TO THE CERTIFICATE OF INCORPORATION GRANTING TO HOLDERS OF NOT LESS THAN 20% OF THE CORPORATION'S SHARES THE RIGHT TO CALL A SPECIAL MEETING OF STOCKHOLDERS. | Management | For | | | For |
| | 04 | APPROVE THE PROPOSED AMENDMENT TO THE CERTIFICATE OF INCORPORATION DESIGNATING A FORUM FOR CERTAIN LEGAL ACTIONS. | Management | Against | | Against |
| | 05 | ADVISORY VOTE ON THE EXECUTIVE COMPENSATION OF THE NAMED EXECUTIVE OFFICERS. | Management | Against | | Against |
| | 06 | ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION. | Management | 1 Year | | Against |
| | 07 | STOCKHOLDER PROPOSAL SEEKING THE RIGHT FOR STOCKHOLDERS TO ACT BY WRITTEN CONSENT. | Shareholder | For | | | Against |
Hillman Advantage Equity Fund
| | 08 | STOCKHOLDER PROPOSAL SEEKING A REPORT ON POLITICAL CONTRIBUTIONS AND PAYMENTS TO TRADE ASSOCIATIONS AND OTHER TAX EXEMPT ORGANIZATIONS. | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | BANK OF AMERICA CORPORATION | | | | | | | | |
| | Security | | | | 060505104 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | BAC | | | Meeting Date | | | 11-May-2011 | |
| | ISIN | | | | US0605051046 | | | Agenda | | | 933398491 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: MUKESH D. AMBANI | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: SUSAN S. BIES | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: FRANK P. BRAMBLE, SR. | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: VIRGIS W. COLBERT | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: CHARLES K. GIFFORD | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: CHARLES O. HOLLIDAY, JR. | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: D. PAUL JONES, JR. | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: MONICA C. LOZANO | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: THOMAS J. MAY | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: BRIAN T. MOYNIHAN | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: DONALD E. POWELL | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: CHARLES O. ROSSOTTI | | | | Management | For | | | For |
| | 1M | ELECTION OF DIRECTOR: ROBERT W. SCULLY | | | | Management | For | | | For |
| | 02 | AN ADVISORY (NON-BINDING) "SAY ON PAY" VOTE TO APPROVE EXECUTIVE COMPENSATION. | Management | For | | | For |
| | 03 | AN ADVISORY (NON-BINDING) VOTE ON THE FREQUENCY OF FUTURE ADVISORY "SAY ON PAY" VOTES. | Management | 1 Year | | For |
| | 04 | RATIFICATION OF THE REGISTERED INDEPENDENT PUBLIC ACCOUNTING FIRM FOR 2011. | Management | For | | | For |
| | 05 | STOCKHOLDER PROPOSAL - DISCLOSURE OF GOVERNMENT EMPLOYMENT. | Shareholder | Against | | For |
Hillman Advantage Equity Fund
| | 06 | STOCKHOLDER PROPOSAL - STOCKHOLDER ACTION BY WRITTEN CONSENT. | Shareholder | For | | | Against |
| | 07 | STOCKHOLDER PROPOSAL - MORTGAGE SERVICING OPERATIONS. | | Shareholder | For | | | Against |
| | 08 | STOCKHOLDER PROPOSAL - GRASSROOTS LOBBYING. | | | Shareholder | For | | | Against |
| | 09 | STOCKHOLDER PROPOSAL - OTC DERIVATIVES TRADING. | | | Shareholder | Against | | For |
| | 10 | STOCKHOLDER PROPOSAL - CUMULATIVE VOTING IN CONTESTED ELECTIONS. | Shareholder | For | | | Against |
| | 11 | STOCKHOLDER PROPOSAL - RECOUPMENT OF INCENTIVE COMPENSATION. | Shareholder | Against | | For |
| | 12 | STOCKHOLDER PROPOSAL - PROHIBITION OF CERTAIN RELOCATION BENEFITS. | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | THE WESTERN UNION COMPANY | | | | | | | | |
| | Security | | | | 959802109 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | WU | | | Meeting Date | | | 20-May-2011 | |
| | ISIN | | | | US9598021098 | | | Agenda | | | 933412114 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: HIKMET ERSEK | | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: JACK M. GREENBERG | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: LINDA FAYNE LEVINSON | | | | Management | For | | | For |
| | 02 | RATIFICATION OF SELECTION OF AUDITORS | | | | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION | | | | Management | For | | | For |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF THE VOTE ON EXECUTIVE COMPENSATION | Management | 1 Year | | For |
| | 05 | STOCKHOLDER PROPOSAL REGARDING THE ELIMINATION OF THE CLASSIFICATION OF THE BOARD OF DIRECTORS | Shareholder | For | | | Against |
Hillman Advantage Equity Fund
| | INTEL CORPORATION | | | | | | | | | | |
| | Security | | | | 458140100 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | INTC | | | Meeting Date | | | 19-May-2011 | |
| | ISIN | | | | US4581401001 | | | Agenda | | | 933403812 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: CHARLENE BARSHEFSKY | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: SUSAN L. DECKER | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: JOHN J. DONAHOE | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: REED E. HUNDT | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: PAUL S. OTELLINI | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: JAMES D. PLUMMER | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: DAVID S. POTTRUCK | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: JANE E. SHAW | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: FRANK D. YEARY | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: DAVID B. YOFFIE | | | | Management | For | | | For |
| | 02 | RATIFICATION OF SELECTION OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR CURRENT YEAR | Management | For | | | For |
| | 03 | AMENDMENT AND EXTENSION OF THE 2006 EQUITY INCENTIVE PLAN | | Management | For | | | For |
| | 04 | AMENDMENT AND EXTENSION OF THE 2006 STOCK PURCHASE PLAN | | Management | For | | | For |
| | 05 | ADVISORY VOTE ON EXECUTIVE COMPENSATION | | | | Management | For | | | For |
| | 06 | ADVISORY VOTE ON THE FREQUENCY OF HOLDING FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION | Management | 1 Year | | |
Hillman Advantage Equity Fund
| | | | | | | | | | | | | | |
| | AMGEN INC. | | | | | | | | | | | | |
| | Security | | | | 031162100 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | AMGN | | | Meeting Date | | | 20-May-2011 | |
| | ISIN | | | | US0311621009 | | | Agenda | | | 933398489 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: DR. DAVID BALTIMORE | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: MR. FRANK J. BIONDI, JR. | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: MR. FRANCOIS DE CARBONNEL | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: DR. VANCE D. COFFMAN | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: DR. REBECCA M. HENDERSON | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: MR. FRANK C. HERRINGER | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: DR. GILBERT S. OMENN | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: MS. JUDITH C. PELHAM | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: ADM. J. PAUL REASON, USN (RETIRED) | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: MR. LEONARD D. SCHAEFFER | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: MR. KEVIN W. SHARER | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: DR. RONALD D. SUGAR | | | | Management | For | | | For |
| | 02 | TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR THE YEAR ENDING DECEMBER 31, 2011. | Management | For | | | For |
| | 03 | TO APPROVE THE ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | Management | Against | | Against |
| | 04 | TO SET THE FREQUENCY OF FUTURE ADVISORY VOTES APPROVING EXECUTIVE COMPENSATION EVERY ONE YEAR, TWO YEARS OR THREE YEARS. | Management | 1 Year | | For |
| | 05 | STOCKHOLDER PROPOSAL #1 (SHAREHOLDER ACTION BY WRITTEN CONSENT) | Shareholder | For | | | Against |
Hillman Advantage Equity Fund
| | | | | | | | | | | | | | |
| | JPMORGAN CHASE & CO. | | | | | | | | |
| | Security | | | | 46625H100 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | JPM | | | Meeting Date | | | 17-May-2011 | |
| | ISIN | | | | US46625H1005 | | | Agenda | | | 933404028 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: CRANDALL C. BOWLES | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: STEPHEN B. BURKE | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: DAVID M. COTE | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: JAMES S. CROWN | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: JAMES DIMON | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: ELLEN V. FUTTER | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: WILLIAM H. GRAY, III | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: LABAN P. JACKSON, JR. | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: DAVID C. NOVAK | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: LEE R. RAYMOND | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: WILLIAM C. WELDON | | | | Management | For | | | For |
| | 02 | APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION | | | | Management | For | | | For |
| | 04 | ADVISORY VOTE ON FREQUENCY OF ADVISORY VOTE ON EXECUTIVE COMPENSATION | Management | 1 Year | | For |
| | 05 | APPROVAL OF AMENDMENT TO LONG-TERM INCENTIVE PLAN | | Management | Against | | Against |
| | 06 | POLITICAL NON-PARTISANSHIP | | | | Shareholder | Against | | For |
| | 07 | SHAREHOLDER ACTION BY WRITTEN CONSENT | | | | Shareholder | For | | | Against |
| | 08 | MORTGAGE LOAN SERVICING | | | | Shareholder | Against | | For |
| | 09 | POLITICAL CONTRIBUTIONS | | | | Shareholder | For | | | Against |
| | 10 | GENOCIDE-FREE INVESTING | | | | Shareholder | Against | | For |
| | 11 | INDEPENDENT LEAD DIRECTOR | | | | Shareholder | Against | | For |
Hillman Advantage Equity Fund
| | | | | | | | | | | | | | |
| | RAYTHEON COMPANY | | | | | | | | | |
| | Security | | | | 755111507 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | RTN | | | Meeting Date | | | 26-May-2011 | |
| | ISIN | | | | US7551115071 | | | Agenda | | | 933437940 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: VERNON E. CLARK | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: JOHN M. DEUTCH | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: STEPHEN J. HADLEY | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: FREDERIC M. POSES | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: MICHAEL C. RUETTGERS | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: RONALD L. SKATES | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: WILLIAM R. SPIVEY | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: LINDA G. STUNTZ | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: WILLIAM H. SWANSON | | | | Management | For | | | For |
| | 02 | ADVISORY VOTE ON EXECUTIVE COMPENSATION | | | | Management | For | | | For |
| | 03 | ADVISORY VOTE ON FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION | Management | 1 Year | | For |
| | 04 | RATIFICATION OF INDEPENDENT AUDITORS | | | | Management | For | | | For |
| | 05 | SHAREHOLDER PROPOSAL REGARDING SHAREHOLDER ACTION BY WRITTEN CONSENT | Shareholder | For | | | Against |
| | 06 | SHAREHOLDER PROPOSAL REGARDING EXECUTIVE STOCK RETENTION | Shareholder | Against | | For |
| | 07 | SHAREHOLDER PROPOSAL REGARDING LOBBYING EXPENSES | | Shareholder | Against | | For |
| | 08 | SHAREHOLDER PROPOSAL REGARDING SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS | Shareholder | Against | | For |
Hillman Advantage Equity Fund
| | | | | | | | | | | | | | |
| | TRANSOCEAN, LTD. | | | | | | | | | | |
| | Security | | | | H8817H100 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | RIG | | | Meeting Date | | | 13-May-2011 | |
| | ISIN | | | | CH0048265513 | | | Agenda | | | 933405373 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | APPROVAL OF THE 2010 ANNUAL REPORT, INCLUDING THE CONSOLIDATED FINANCIAL STATEMENTS OF TRANSOCEAN LTD. FOR FISCAL YEAR 2010 AND THE STATUTORY FINANCIAL STATEMENTS OF TRANSOCEAN LTD. FOR FISCAL YEAR 2010. | Management | For | | For |
| | 02 | DISCHARGE OF THE MEMBERS OF THE BOARD OF DIRECTORS AND EXECUTIVE MANAGEMENT FROM LIABILITY FOR ACTIVITIES DURING FISCAL YEAR 2010. | Management | Against | | Against |
| | 03 | APPROPRIATION OF AVAILABLE EARNINGS FOR FISCAL YEAR 2010. | | Management | For | | | For |
| | 04 | PROPOSED REALLOCATION OF FREE RESERVE TO LEGAL RESERVE, RESERVE FROM CAPITAL CONTRIBUTIONS. | Management | For | | | For |
| | 05 | RESCISSION OF THE DISTRIBUTION TO SHAREHOLDERS IN THE FORM OF A PAR VALUE REDUCTION AS APPROVED AT THE 2010 ANNUAL GENERAL MEETING. | Management | For | | | For |
| | 06 | RELEASE AND ALLOCATION OF LEGAL RESERVE, RESERVE FROM CAPITAL CONTRIBUTIONS, TO DIVIDEND RESERVE FROM CAPITAL CONTRIBUTIONS; DIVIDEND DISTRIBUTION OUT OF THE DIVIDEND RESERVE FROM CAPITAL CONTRIBUTIONS. IF PROPOSAL 3 AND PROPOSAL 5 ARE NOT APPROVED AS PROPOSED BY THE BOARD OF DIRECTORS, THERE WILL BE NO VOTE ON THIS PROPOSAL 6. | Management | For | | | For |
| | 07 | NEW AUTHORIZED SHARE CAPITAL. | | | | Management | For | | | For |
| | 08 | REDUCTION OF THE MAXIMUM NUMBER OF MEMBERS OF THE BOARD OF DIRECTORS TO 12. | Management | For | | | For |
| | 9A | ELECTION OF CLASS III DIRECTOR: JAGJEET S. BINDRA | | | Management | For | | | For |
| | 9B | ELECTION OF CLASS III DIRECTOR: STEVE LUCAS | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 9C | ELECTION OF CLASS I DIRECTOR: TAN EK KIA | | | | Management | For | | | For |
| | 9D | REELECTION OF CLASS III DIRECTOR: MARTIN B. MCNAMARA | | Management | For | | | For |
| | 9E | REELECTION OF CLASS III DIRECTOR: IAN C. STRACHAN | | | Management | For | | | For |
| | 10 | APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2011 AND REELECTION OF ERNST & YOUNG LTD., ZURICH, AS THE COMPANY'S AUDITOR FOR A FURTHER ONE-YEAR TERM. | Management | For | | | For |
| | 11 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 12 | ADVISORY VOTE ON THE FREQUENCY OF EXECUTIVE COMPENSATION VOTE. | Management | 1 Year | | For |
| | | | | | | | | | | | | | |
| | TRANSOCEAN, LTD. | | | | | | | | | | |
| | Security | | | | H8817H100 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | RIG | | | Meeting Date | | | 13-May-2011 | |
| | ISIN | | | | CH0048265513 | | | Agenda | | | 933443171 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | APPROVAL OF THE 2010 ANNUAL REPORT, INCLUDING THE CONSOLIDATED FINANCIAL STATEMENTS OF TRANSOCEAN LTD. FOR FISCAL YEAR 2010 AND THE STATUTORY FINANCIAL STATEMENTS OF TRANSOCEAN LTD. FOR FISCAL YEAR 2010. | Management | For | | For |
| | 02 | DISCHARGE OF THE MEMBERS OF THE BOARD OF DIRECTORS AND EXECUTIVE MANAGEMENT FROM LIABILITY FOR ACTIVITIES DURING FISCAL YEAR 2010. | Management | Against | | Against |
| | 03 | APPROPRIATION OF AVAILABLE EARNINGS FOR FISCAL YEAR 2010. | | Management | For | | | For |
| | 04 | PROPOSED REALLOCATION OF FREE RESERVE TO LEGAL RESERVE, RESERVE FROM CAPITAL CONTRIBUTIONS. | Management | For | | | For |
| | 05 | RESCISSION OF THE DISTRIBUTION TO SHAREHOLDERS IN THE FORM OF A PAR VALUE REDUCTION AS APPROVED AT THE 2010 ANNUAL GENERAL MEETING. | Management | For | | | For |
Hillman Advantage Equity Fund
| | 06 | RELEASE AND ALLOCATION OF LEGAL RESERVE, RESERVE FROM CAPITAL CONTRIBUTIONS, TO DIVIDEND RESERVE FROM CAPITAL CONTRIBUTIONS; DIVIDEND DISTRIBUTION OUT OF THE DIVIDEND RESERVE FROM CAPITAL CONTRIBUTIONS. IF PROPOSAL 3 AND PROPOSAL 5 ARE NOT APPROVED AS PROPOSED BY THE BOARD OF DIRECTORS, THERE WILL BE NO VOTE ON THIS PROPOSAL 6. | Management | For | | | For |
| | 07 | NEW AUTHORIZED SHARE CAPITAL. | | | | Management | For | | | For |
| | 08 | REDUCTION OF THE MAXIMUM NUMBER OF MEMBERS OF THE BOARD OF DIRECTORS TO 12. | Management | For | | | For |
| | 9A | ELECTION OF CLASS III DIRECTOR: JAGJEET S. BINDRA | | | Management | For | | | For |
| | 9B | ELECTION OF CLASS III DIRECTOR: STEVE LUCAS | | | | Management | For | | | For |
| | 9C | ELECTION OF CLASS I DIRECTOR: TAN EK KIA | | | | Management | For | | | For |
| | 9D | REELECTION OF CLASS III DIRECTOR: MARTIN B. MCNAMARA | | Management | For | | | For |
| | 9E | REELECTION OF CLASS III DIRECTOR: IAN C. STRACHAN | | | Management | For | | | For |
| | 10 | APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2011 AND REELECTION OF ERNST & YOUNG LTD., ZURICH, AS THE COMPANY'S AUDITOR FOR A FURTHER ONE-YEAR TERM. | Management | For | | | For |
| | 11 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 12 | ADVISORY VOTE ON THE FREQUENCY OF EXECUTIVE COMPENSATION VOTE. | Management | 1 Year | | For |
| | | | | | | | | | | | | | |
| | MERCK & CO., INC. | | | | | | | | | | |
| | Security | | | | 58933Y105 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | MRK | | | Meeting Date | | | 24-May-2011 | |
| | ISIN | | | | US58933Y1055 | | | Agenda | | | 933416744 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: LESLIE A. BRUN | | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: THOMAS R. CECH | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: RICHARD T. CLARK | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 1D | ELECTION OF DIRECTOR: KENNETH C. FRAZIER | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: THOMAS H. GLOCER | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: STEVEN F. GOLDSTONE | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: WILLIAM B. HARRISON. JR. | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: HARRY R. JACOBSON | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: WILLIAM N. KELLEY | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: C. ROBERT KIDDER | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: ROCHELLE B. LAZARUS | | | | Management | Against | | Against |
| | 1L | ELECTION OF DIRECTOR: CARLOS E. REPRESAS | | | | Management | For | | | For |
| | 1M | ELECTION OF DIRECTOR: PATRICIA F. RUSSO | | | | Management | For | | | For |
| | 1N | ELECTION OF DIRECTOR: THOMAS E. SHENK | | | | Management | For | | | For |
| | 1O | ELECTION OF DIRECTOR: ANNE M. TATLOCK | | | | Management | For | | | For |
| | 1P | ELECTION OF DIRECTOR: CRAIG B. THOMPSON | | | | Management | For | | | For |
| | 1Q | ELECTION OF DIRECTOR: WENDELL P. WEEKS | | | | Management | For | | | For |
| | 1R | ELECTION OF DIRECTOR: PETER C. WENDELL | | | | Management | For | | | For |
| | 02 | RATIFICATION OF THE APPOINTMENT OF THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2011. | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF FUTURE VOTES ON EXECUTIVE COMPENSATION. | Management | 1 Year | | Against |
| | | | | | | | | | | | | | |
| | INGERSOLL-RAND PLC | | | | | | | | | |
| | Security | | | | G47791101 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | IR | | | Meeting Date | | | 02-Jun-2011 | |
| | ISIN | | | | IE00B6330302 | | | Agenda | | | 933429171 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: A.C. BERZIN | | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: J. BRUTON | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: J.L. COHON | | | | Management | For | | | For |
Hillman Advantage Equity Fund
| | 1D | ELECTION OF DIRECTOR: G.D. FORSEE | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: P.C. GODSOE | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: E.E. HAGENLOCKER | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: C.J. HORNER | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: M.W. LAMACH | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: T.E. MARTIN | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: R.J. SWIFT | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: T.L. WHITE | | | | Management | For | | | For |
| | 02 | APPROVAL OF A NEW SENIOR EXECUTIVE PERFORMANCE PLAN. | | Management | For | | | For |
| | 03 | ADVISORY VOTE ON THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS. | Management | For | | | For |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF THE ADVISORY VOTE ON THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS. | Management | 1 Year | | For |
| | 05 | APPROVAL OF AUTHORITY FOR THE COMPANY AND/OR ANY SUBSIDIARY OF THE COMPANY TO MAKE MARKET PURCHASES OF COMPANY SHARES. | Management | For | | | For |
| | 06 | APPROVAL OF THE APPOINTMENT OF INDEPENDENT AUDITORS AND AUTHORIZATION OF THE AUDIT COMMITTEE TO SET THE AUDITORS' REMUNERATION. | Management | For | | | For |
| | | | | | | | | | | | | | |
| | EXXON MOBIL CORPORATION | | | | | | | | |
| | Security | | | | 30231G102 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | XOM | | | Meeting Date | | | 25-May-2011 | |
| | ISIN | | | | US30231G1022 | | | Agenda | | | 933416908 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | DIRECTOR | | | | | Management | | | | |
| | | 1 | M.J. BOSKIN | | | | | For | | | For |
| | | 2 | P. BRABECK-LETMATHE | | | | | For | | | For |
| | | 3 | L.R. FAULKNER | | | | | For | | | For |
Hillman Advantage Equity Fund
| | | 4 | J.S. FISHMAN | | | | | For | | | For |
| | | 5 | K.C. FRAZIER | | | | | For | | | For |
| | | 6 | W.W. GEORGE | | | | | For | | | For |
| | | 7 | M.C. NELSON | | | | | For | | | For |
| | | 8 | S.J. PALMISANO | | | | | For | | | For |
| | | 9 | S.S REINEMUND | | | | | For | | | For |
| | | 10 | R.W. TILLERSON | | | | | For | | | For |
| | | 11 | E.E. WHITACRE, JR. | | | | | For | | | For |
| | 02 | RATIFICATION OF INDEPENDENT AUDITORS (PAGE 55) | | | | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION (PAGE 56) | | | Management | Against | | Against |
| | 04 | FREQUENCY OF ADVISORY VOTE ON EXECUTIVE COMPENSATION (PAGE 57) | Management | 1 Year | | Against |
| | 05 | INDEPENDENT CHAIRMAN (PAGE 58) | | | | Shareholder | For | | | Against |
| | 06 | REPORT ON POLITICAL CONTRIBUTIONS (PAGE 59) | | | | Shareholder | Against | | For |
| | 07 | AMENDMENT OF EEO POLICY (PAGE 61) | | | | Shareholder | For | | | Against |
| | 08 | POLICY ON WATER (PAGE 62) | | | | Shareholder | Against | | For |
| | 09 | REPORT ON CANADIAN OIL SANDS (PAGE 64) | | | | Shareholder | Against | | For |
| | 10 | REPORT ON NATURAL GAS PRODUCTION (PAGE 65) | | | | Shareholder | Against | | For |
| | 11 | REPORT ON ENERGY TECHNOLOGY (PAGE 67) | | | | Shareholder | Against | | For |
| | 12 | GREENHOUSE GAS EMISSIONS GOALS (PAGE 68) | | | | Shareholder | Against | | For |
| | | | | | | | | | | | | | |
| | GOOGLE INC. | | | | | | | | | | | |
| | Security | | | | 38259P508 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | GOOG | | | Meeting Date | | | 02-Jun-2011 | |
| | ISIN | | | | US38259P5089 | | | Agenda | | | 933424373 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | DIRECTOR | | | | | Management | | | | |
| | | 1 | LARRY PAGE | | | | | For | | | For |
| | | 2 | SERGEY BRIN | | | | | For | | | For |
Hillman Advantage Equity Fund
| | | 3 | ERIC E. SCHMIDT | | | | | For | | | For |
| | | 4 | L. JOHN DOERR | | | | | For | | | For |
| | | 5 | JOHN L. HENNESSY | | | | | For | | | For |
| | | 6 | ANN MATHER | | | | | For | | | For |
| | | 7 | PAUL S. OTELLINI | | | | | For | | | For |
| | | 8 | K. RAM SHRIRAM | | | | | For | | | For |
| | | 9 | SHIRLEY M. TILGHMAN | | | | | For | | | For |
| | 02 | THE RATIFICATION OF ERNST & YOUNG LLP AS GOOGLE'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2011. | Management | For | | | For |
| | 03 | THE APPROVAL OF AN AMENDMENT TO GOOGLE'S 2004 STOCK PLAN TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF CLASS A COMMON STOCK ISSUABLE UNDER THE PLAN BY 1,500,000. | Management | Against | | Against |
| | 04 | THE APPROVAL OF 2010 COMPENSATION AWARDED TO NAMED EXECUTIVE OFFICERS. | Management | For | | | For |
| | 05 | THE FREQUENCY OF FUTURE STOCKHOLDER ADVISORY VOTES REGARDING COMPENSATION AWARDED TO NAMED EXECUTIVE OFFICERS. | Management | 1 Year | | Against |
| | 06 | A STOCKHOLDER PROPOSAL REGARDING THE FORMATION OF A BOARD COMMITTEE ON SUSTAINABILITY, IF PROPERLY PRESENTED AT THE MEETING. | Shareholder | Against | | For |
| | 07 | A STOCKHOLDER PROPOSAL REGARDING THE ADOPTION OF A SIMPLE MAJORITY VOTING STANDARD FOR STOCKHOLDER MATTERS, IF PROPERLY PRESENTED AT THE MEETING. | Shareholder | For | | | Against |
| | 08 | A STOCKHOLDER PROPOSAL REGARDING A CONFLICT OF INTEREST AND CODE OF CONDUCT COMPLIANCE REPORT, IF PROPERLY PRESENTED AT THE MEETING. | Shareholder | Against | | For |
Hillman Advantage Equity Fund
| | | | | | | | | | | | | | |
| | WAL-MART STORES, INC. | | | | | | | | |
| | Security | | | | 931142103 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | WMT | | | Meeting Date | | | 03-Jun-2011 | |
| | ISIN | | | | US9311421039 | | | Agenda | | | 933425236 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: AIDA M. ALVAREZ | | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: JAMES W. BREYER | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: M. MICHELE BURNS | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: JAMES I. CASH, JR. | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: ROGER C. CORBETT | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: DOUGLAS N. DAFT | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: MICHAEL T. DUKE | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: GREGORY B. PENNER | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: STEVEN S REINEMUND | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: H. LEE SCOTT, JR. | | | | Management | For | | | For |
| | 1K | ELECTION OF DIRECTOR: ARNE M. SORENSON | | | | Management | For | | | For |
| | 1L | ELECTION OF DIRECTOR: JIM C. WALTON | | | | Management | For | | | For |
| | 1M | ELECTION OF DIRECTOR: S. ROBSON WALTON | | | | Management | For | | | For |
| | 1N | ELECTION OF DIRECTOR: CHRISTOPHER J. WILLIAMS | | | | Management | For | | | For |
| | 1O | ELECTION OF DIRECTOR: LINDA S. WOLF | | | | Management | For | | | For |
| | 02 | RATIFICATION OF ERNST & YOUNG LLP AS INDEPENDENT ACCOUNTANTS | Management | For | | | For |
| | 03 | ADVISORY VOTE ON EXECUTIVE COMPENSATION | | | | Management | For | | | For |
| | 04 | ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION | Management | 1 Year | | For |
| | 05 | GENDER IDENTITY NON-DISCRIMINATION POLICY | | | | Shareholder | Against | | For |
| | 06 | POLITICAL CONTRIBUTIONS REPORT | | | | Shareholder | For | | | Against |
| | 07 | SPECIAL SHAREOWNER MEETINGS | | | | Shareholder | For | | | Against |
Hillman Advantage Equity Fund
| | 08 | REQUIRE SUPPLIER(S) TO PUBLISH AN ANNUAL SUSTAINABILITY REPORT | Shareholder | Against | | For |
| | 09 | CLIMATE CHANGE RISK DISCLOSURE | | | | Shareholder | Against | | For |
| | | | | | | | | | | | | | |
| | BEST BUY CO., INC. | | | | | | | | | | |
| | Security | | | | 086516101 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | BBY | | | Meeting Date | | | 21-Jun-2011 | |
| | ISIN | | | | US0865161014 | | | Agenda | | | 933469252 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 01 | DIRECTOR | | | | | Management | | | | |
| | | 1 | RONALD JAMES | | | | | For | | | For |
| | | 2 | SANJAY KHOSLA | | | | | For | | | For |
| | | 3 | GEORGE L. MIKAN III | | | | | For | | | For |
| | | 4 | MATTHEW H. PAULL | | | | | For | | | For |
| | | 5 | RICHARD M. SCHULZE | | | | | For | | | For |
| | | 6 | HATIM A. TYABJI | | | | | For | | | For |
| | 02 | RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING MARCH 3, 2012. | Management | For | | | For |
| | 03 | APPROVAL OF AN AMENDMENT AND RESTATEMENT OF OUR AMENDED AND RESTATED BY-LAWS TO REMOVE THE MAXIMUM FOR THE NUMBER OF DIRECTORS SERVING ON THE BOARD OF DIRECTORS AND TO AUTHORIZE THE BOARD OF DIRECTORS TO DETERMINE THE NUMBER OF DIRECTORS SERVING FROM TIME TO TIME. | Management | Against | | Against |
| | 04 | APPROVAL OF AMENDMENTS TO OUR 2004 OMNIBUS STOCK AND INCENTIVE PLAN, AS AMENDED. | Management | For | | | For |
| | 05 | APPROVAL OF OUR EXECUTIVE SHORT-TERM INCENTIVE PLAN. | | Management | For | | | For |
| | 06 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | For | | | For |
| | 07 | ADVISORY VOTE ON FREQUENCY OF SHAREHOLDER ADVISORY VOTES ON OUR EXECUTIVE COMPENSATION. | Management | 1 Year | �� | Against |
Hillman Advantage Equity Fund
| | 08 | VOTE ON THE NON-BINDING SHAREHOLDER PROPOSAL REGARDING DECLASSIFICATION OF OUR BOARD OF DIRECTORS, IF PROPERLY PRESENTED AT THE MEETING. | Shareholder | For | | | Against |
| | | | | | | | | | | | | | |
| | YAHOO! INC. | | | | | | | | | | | |
| | Security | | | | 984332106 | | | Meeting Type | | | Annual | |
| | Ticker Symbol | | | YHOO | | | Meeting Date | | | 23-Jun-2011 | |
| | ISIN | | | | US9843321061 | | | Agenda | | | 933448575 - Management |
| | Item | Proposal | | | | | | Type | Vote | | For/Against Management |
| | 1A | ELECTION OF DIRECTOR: CAROL BARTZ | | | | Management | For | | For |
| | 1B | ELECTION OF DIRECTOR: ROY J. BOSTOCK | | | | Management | For | | | For |
| | 1C | ELECTION OF DIRECTOR: PATTI S. HART | | | | Management | For | | | For |
| | 1D | ELECTION OF DIRECTOR: SUSAN M. JAMES | | | | Management | For | | | For |
| | 1E | ELECTION OF DIRECTOR: VYOMESH JOSHI | | | | Management | For | | | For |
| | 1F | ELECTION OF DIRECTOR: DAVID W. KENNY | | | | Management | For | | | For |
| | 1G | ELECTION OF DIRECTOR: ARTHUR H. KERN | | | | Management | For | | | For |
| | 1H | ELECTION OF DIRECTOR: BRAD D. SMITH | | | | Management | For | | | For |
| | 1I | ELECTION OF DIRECTOR: GARY L. WILSON | | | | Management | For | | | For |
| | 1J | ELECTION OF DIRECTOR: JERRY YANG | | | | Management | For | | | For |
| | 02 | ADVISORY VOTE ON EXECUTIVE COMPENSATION. | | | | Management | Against | | Against |
| | 03 | ADVISORY VOTE ON THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION. | Management | 1 Year | | For |
| | 04 | RATIFICATION OF THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. | Management | For | | | For |
| | 05 | SHAREHOLDER PROPOSAL REGARDING HUMAN RIGHTS PRINCIPLES, IF PROPERLY PRESENTED AT THE ANNUAL MEETING. | Shareholder | Against | | For |
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.
Hillman Capital Management Investment Trust
| By: (Signature and Title) | |
| | Mark A. Hillman Trustee, President, and Principal Executive Officer |
Date: August 24, 2011
