UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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 811-10401
Trust for Professional Managers
(Exact name of registrant as specified in charter)
(Exact name of registrant as specified in charter)
615 East Michigan Street
Milwaukee, WI 53202
(Address of principal executive offices) (Zip code)
(Address of principal executive offices) (Zip code)
Jay Fitton
U.S. Bancorp Fund Services, LLC
615 East Michigan Street
Milwaukee, WI 53202
(Name and address of agent for service)
(Name and address of agent for service)
Registrant's telephone number, including area code: (513) 629-8104
Date of fiscal year end: August 31
Date of reporting period: July 1, 2019 - December 12, 2019
Item 1. Proxy Voting Record.
Meeting Date Range: 01-Jul-2019 To 31-Dec-2019 | |||||||||||||||
Selected Accounts | |||||||||||||||
PARK ELECTROCHEMICAL CORP. | |||||||||||||||
Security: | 700416209 | Meeting Type: | Annual | ||||||||||||
Ticker: | PKE | Meeting Date: | 16-Jul-2019 | ||||||||||||
ISIN | US7004162092 | Vote Deadline Date: | 15-Jul-2019 | ||||||||||||
Agenda | 935053075 | Management | Total Ballot Shares: | 14924 | |||||||||||
Last Vote Date: | 28-Jun-2019 | ||||||||||||||
Item | Proposal | Recommendation | Default Vote | For | Against | Abstain | Take No Action | ||||||||
1 | Election of Director: Dale Blanchfield | For | None | 8157 | 0 | 0 | 0 | ||||||||
2 | Election of Director: Emily J. Groehl | For | None | 8157 | 0 | 0 | 0 | ||||||||
3 | Election of Director: Brian E. Shore | For | None | 8157 | 0 | 0 | 0 | ||||||||
4 | Election of Director: Carl W. Smith | For | None | 8157 | 0 | 0 | 0 | ||||||||
5 | Election of Director: Steven T. Warshaw | For | None | 8157 | 0 | 0 | 0 | ||||||||
6 | Approval, on an advisory (non-binding) basis, of the compensation of the named executive officers. | For | None | 8157 | 0 | 0 | 0 | ||||||||
7 | Approval of an amendment of the Restated Certificate of Incorporation of the Company, dated March 28, 1989, as amended, to change the name of the Company from "Park Electrochemical Corp." to "Park Aerospace Corp.". | For | None | 8157 | 0 | 0 | 0 | ||||||||
8 | Ratification of appointment of CohnReznick LLP as the Company's independent registered public accounting firm for the fiscal year ending March 1, 2020. | For | None | 8157 | 0 | 0 | 0 | ||||||||
HAWKINS, INC. | |||||||||||||||
Security: | 420261109 | Meeting Type: | Annual | ||||||||||||
Ticker: | HWKN | Meeting Date: | 01-Aug-2019 | ||||||||||||
ISIN | US4202611095 | Vote Deadline Date: | 31-Jul-2019 | ||||||||||||
Agenda | 935057390 | Management | Total Ballot Shares: | 7832 | |||||||||||
Last Vote Date: | 26-Jul-2019 | ||||||||||||||
Item | Proposal | Recommendation | Default Vote | For | Against | Abstain | Take No Action | ||||||||
1 | DIRECTOR | For | None | ||||||||||||
1 | John S. McKeon | 3380 | 0 | 0 | 0 | ||||||||||
2 | Patrick H. Hawkins | 3380 | 0 | 0 | 0 | ||||||||||
3 | James A. Faulconbridge | 3380 | 0 | 0 | 0 | ||||||||||
4 | Duane M. Jergenson | 3380 | 0 | 0 | 0 | ||||||||||
5 | Mary J. Schumacher | 3380 | 0 | 0 | 0 | ||||||||||
6 | Daniel J. Stauber | 3380 | 0 | 0 | 0 | ||||||||||
7 | James T. Thompson | 3380 | 0 | 0 | 0 | ||||||||||
8 | Jeffrey L. Wright | 3380 | 0 | 0 | 0 | ||||||||||
2 | To approve the Hawkins, Inc. 2019 Equity Incentive Plan. | For | None | 3380 | 0 | 0 | 0 | ||||||||
3 | Non-binding advisory vote to approve executive compensation ("say-on-pay"). | For | None | 3380 | 0 | 0 | 0 |
CSW INDUSTRIALS, INC. | |||||||||||||||
Security: | 126402106 | Meeting Type: | Annual | ||||||||||||
Ticker: | CSWI | Meeting Date: | 13-Aug-2019 | ||||||||||||
ISIN | US1264021064 | Vote Deadline Date: | 12-Aug-2019 | ||||||||||||
Agenda | 935059849 | Management | Total Ballot Shares: | 6771 | |||||||||||
Last Vote Date: | 26-Jul-2019 | ||||||||||||||
Item | Proposal | Recommendation | Default Vote | For | Against | Abstain | Take No Action | ||||||||
1 | DIRECTOR | For | None | ||||||||||||
1 | Joseph Armes | 3041 | 0 | 0 | 0 | ||||||||||
2 | Michael Gambrell | 3041 | 0 | 0 | 0 | ||||||||||
3 | Terry Johnston | 3041 | 0 | 0 | 0 | ||||||||||
4 | Robert Swartz | 3041 | 0 | 0 | 0 | ||||||||||
5 | Kent Sweezey | 3041 | 0 | 0 | 0 | ||||||||||
2 | To approve, by non-binding vote, executive compensation. | For | None | 3041 | 0 | 0 | 0 | ||||||||
3 | The ratification of Grant Thornton LLP to serve as independent registered public accounting firm for the fiscal year ended March 31, 2020. | For | None | 3041 | 0 | 0 | 0 | ||||||||
KEWAUNEE SCIENTIFIC CORPORATION | |||||||||||||||
Security: | 492854104 | Meeting Type: | Annual | ||||||||||||
Ticker: | KEQU | Meeting Date: | 28-Aug-2019 | ||||||||||||
ISIN | US4928541048 | Vote Deadline Date: | 27-Aug-2019 | ||||||||||||
Agenda | 935063747 | Management | Total Ballot Shares: | 6347 | |||||||||||
Last Vote Date: | 26-Jul-2019 | ||||||||||||||
Item | Proposal | Recommendation | Default Vote | For | Against | Abstain | Take No Action | ||||||||
1 | DIRECTOR | For | None | ||||||||||||
1 | Margaret B. Pyle | 2765 | 0 | 0 | 0 | ||||||||||
2 | Donald F. Shaw | 2765 | 0 | 0 | 0 | ||||||||||
2 | Ratification of the appointment of the independent registered public accounting firm of Ernst & Young LLP as the Company's independent auditors for fiscal year 2020. | For | None | 2765 | 0 | 0 | 0 | ||||||||
3 | Approval, on an advisory basis, of the compensation of our named executives. | For | None | 2765 | 0 | 0 | 0 | ||||||||
Item | Proposal | Recommendation | Default Vote | 1 Year | 2 Years | 3 Years | Abstain | Take No Action | |||||||
4 | Advisory vote on the frequency of an advisory vote on executive compensation. | 1 Year | None | 2765 | 0 | 0 | 0 |
CAL-MAINE FOODS, INC. | |||||||||||||||
Security: | 128030202 | Meeting Type: | Annual | ||||||||||||
Ticker: | CALM | Meeting Date: | 04-Oct-2019 | ||||||||||||
ISIN | US1280302027 | Vote Deadline Date: | 03-Oct-2019 | ||||||||||||
Agenda | 935077429 | Management | Total Ballot Shares: | 12940 | |||||||||||
Last Vote Date: | 10-Sep-2019 | ||||||||||||||
Item | Proposal | Recommendation | Default Vote | For | Against | Abstain | Take No Action | ||||||||
1 | DIRECTOR | For | None | ||||||||||||
1 | Adolphus B. Baker | 5477 | 0 | 0 | 0 | ||||||||||
2 | Max P. Bowman | 5477 | 0 | 0 | 0 | ||||||||||
3 | Letitia C. Hughes | 5477 | 0 | 0 | 0 | ||||||||||
4 | Sherman L. Miller | 5477 | 0 | 0 | 0 | ||||||||||
5 | James E. Poole | 5477 | 0 | 0 | 0 | ||||||||||
6 | Steve W. Sanders | 5477 | 0 | 0 | 0 | ||||||||||
2 | Ratification of Frost, PLLC as the Company's Independent Registered Public Accounting Firm for fiscal year 2020. | For | None | 5477 | 0 | 0 | 0 | ||||||||
KEANE GROUP INC. | |||||||||||||||
Security: | 48669A108 | Meeting Type: | Special | ||||||||||||
Ticker: | FRAC | Meeting Date: | 22-Oct-2019 | ||||||||||||
ISIN | US48669A1088 | Vote Deadline Date: | 21-Oct-2019 | ||||||||||||
Agenda | 935084359 | Management | Total Ballot Shares: | 15493 | |||||||||||
Last Vote Date: | 25-Sep-2019 | ||||||||||||||
Item | Proposal | Recommendation | Default Vote | For | Against | Abstain | Take No Action | ||||||||
1 | Approve the issuance of shares of Keane's common stock to stockholders of C&J Energy Services, Inc. ("C&J") in connection with the Agreement and Plan of Merger, dated as of June 16, 2019, by and among C&J, Keane and King Merger Sub Corp., a wholly owned subsidiary of Keane ("Merger Sub"), pursuant to which Merger Sub will merge with and into C&J, with C&J surviving the merger as a wholly owned subsidiary of Keane (the "Keane Share Issuance Proposal"). | For | None | 10639 | 0 | 0 | 0 | ||||||||
2 | Approve, on a non-binding advisory basis, the compensation that may be paid or become payable to Keane's named executive officers in connection with the merger (the "Keane Compensation Proposal"). | For | None | 10639 | 0 | 0 | 0 | ||||||||
3 | Approve the adjournment of the Keane special meeting (the "Keane Special Meeting") to solicit additional proxies if there are not sufficient votes at the time of the Keane Special Meeting to approve the Keane Share Issuance Proposal or to ensure that any supplement or amendment to the accompanying joint proxy statement/prospectus is timely provided to Keane stockholders (the "Keane Adjournment Proposal"). | For | None | 10639 | 0 | 0 | 0 |
TWIN DISC, INCORPORATED | |||||||||||||||
Security: | 901476101 | Meeting Type: | Annual | ||||||||||||
Ticker: | TWIN | Meeting Date: | 31-Oct-2019 | ||||||||||||
ISIN | US9014761012 | Vote Deadline Date: | 30-Oct-2019 | ||||||||||||
Agenda | 935079562 | Management | Total Ballot Shares: | 31463 | |||||||||||
Last Vote Date: | 20-Sep-2019 | ||||||||||||||
Item | Proposal | Recommendation | Default Vote | For | Against | Abstain | Take No Action | ||||||||
1 | DIRECTOR | For | None | ||||||||||||
1 | John H. Batten | 17103 | 0 | 0 | 0 | ||||||||||
2 | Harold M. Stratton II | 17103 | 0 | 0 | 0 | ||||||||||
3 | Michael C. Smiley | 17103 | 0 | 0 | 0 | ||||||||||
2 | Advise approval of the compensation of the Named Executive Officers. | For | None | 17103 | 0 | 0 | 0 | ||||||||
3 | Ratify the appointment of RSM US LLP as our independent auditors for the fiscal year ending June 30, 2020. | For | None | 17103 | 0 | 0 | 0 | ||||||||
KIMBALL ELECTRONICS, INC. | |||||||||||||||
Security: | 49428J109 | Meeting Type: | Annual | ||||||||||||
Ticker: | KE | Meeting Date: | 07-Nov-2019 | ||||||||||||
ISIN | US49428J1097 | Vote Deadline Date: | 06-Nov-2019 | ||||||||||||
Agenda | 935080438 | Management | Total Ballot Shares: | 28102 | |||||||||||
Last Vote Date: | 25-Sep-2019 | ||||||||||||||
Item | Proposal | Recommendation | Default Vote | For | Against | Abstain | Take No Action | ||||||||
1 | DIRECTOR | For | None | ||||||||||||
1 | Holly A. Van Deursen | 12602 | 0 | 0 | 0 | ||||||||||
2 | Michele M. Holcomb, PhD | 12602 | 0 | 0 | 0 | ||||||||||
2 | To ratify the selection of Deloitte and Touche LLP as the Company's independent registered public accounting firm for the fiscal year 2020. | For | None | 12602 | 0 | 0 | 0 | ||||||||
3 | To approve, by a non-binding, advisory vote, the compensation paid to the Company's Named Executive Officers. | For | None | 12602 | 0 | 0 | 0 | ||||||||
4 | To approve the Company's 2014 Stock Option and Incentive Plan. | For | None | 12602 | 0 | 0 | 0 | ||||||||
5 | To approve the Company's 2019 Profit Sharing Incentive Bonus Plan. | For | None | 12602 | 0 | 0 | 0 | ||||||||
6 | To approve the amendment of the Company's Articles of Incorporation to provide for elimination of a supermajority voting requirement for the Articles of Incorporation amendment under certain circumstances. | For | None | 12602 | 0 | 0 | 0 | ||||||||
7 | To approve the amendment of the Company's Articles of Incorporation to provide for majority voting in uncontested director elections. | For | None | 12602 | 0 | 0 | 0 |
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Trust for Professional Managers
By (Signature and Title) /s/ John Buckel
John Buckel
President, Trust for Professional Managers
Date 2/10/20