UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Investment Company Act file number 811-21556
Perritt Funds, Inc. |
(Exact name of registrant as specified in charter) |
300 South Wacker Drive | |
Suite 2880 | |
Chicago, Illinois | 60606 |
(Address of principal executive offices) | (Zip code) |
Gerald W. Perritt |
300 South Wacker Drive |
Suite 2880 |
Chicago, Illinois 60606 |
(Name and address of agent for service) |
Registrant’s telephone number, including area code: (312) 669-1650
Date of fiscal year end: October 31
Date of reporting period: July 1, 2005 to June 30, 2006
Proxy Voting Record for the Reporting Period from July 1, 2005 to June 30, 2006
Perritt Funds, Inc. (the “Corporation”) is an open-end, management investment company registered under the Investment Company Act of 1940. The table below discloses the following information for each matter relating to a portfolio security of the Perritt Emerging Opportunities Fund, the sole series of the Corporation (the “Fund”), considered at any shareholder meeting held during the period covered by this report, with respect to which the Fund was entitled to vote:
• | The name of the issuer of the portfolio security; |
• | The exchange ticker symbol of the portfolio security; |
• | The Council on Uniform Securities Identification Procedures (“CUSIP”) number for the portfolio security; |
• | The shareholder meeting date; and |
• | A brief identification of the matter voted on. |
For each matter identified in the table below (unless otherwise noted): (a) the matter was proposed by the issuer; (b) the Fund cast its vote on the matter; (c) the Fund cast its vote for each proposal; and (d) the Fund cast its vote for management.
Issuer | Symbol | CUSIP | Mtg Date | Proposal* |
Addvantage Technologies Group, Inc. | AEY | 006743306 | 03/07/2006 | 1,2 |
Aerocentury Corp. | AEY | 007737109 | 04/27/2006 | 1,2 |
Air Methods Corporation | AIRM | 009128307 | 08/03/2005 | 1,14 |
Allied Healthcare Products | AHPI | 019222108 | 11/17/2005 | 1 |
America Service Group Inc. | ASGR | 02364L109 | 06/14/2006 | 1,2 |
American Locker Group Incorporated | ALGI | 027284108 | 12/15/2005 | 1 |
American Medical Alert Corp. | AMAC | 027904101 | 08/18/2005 | 1,2,19 |
Amerigon Incorporated | ARGN | 03070L300 | 05/18/2006 | 1,19 |
Amerigon Incorporated | ARGN | 03070L300 | 05/18/2006 | 1,19 |
Ari Network Services, Inc. | ARIS | 001930205 | 12/08/2005 | 1,2 |
Armanino Foods of Distinction, Inc. | ARMF | 042166702 | 11/03/2005 | 1,2,14 |
Birner Dental Management Services, Inc. | BDMS | 91283200 | 06/01/2006 | 1 |
Brandpartners Group, Inc. | BPTR | 10531R107 | 06/15/2006 | 1,2 |
Cardiotech International, Inc. | CTE | 14160C100 | 09/29/2005 | 1 |
Carriage Services, Inc. | CSV | 143905107 | 05/25/2006 | 1,2,19 |
CE Franklin Ltd. | CFK | 125151100 | 05/02/2006 | 1,2,3,14 |
Century Casinos, Inc. | CNTY | 156492100 | 06/20/2006 | 1,14 |
Collegiate Pacific Inc. | BOO | 194589206 | 02/27/2006 | 1,2,14 |
Comarco, Inc. | CMRO | 200080109 | 06/20/2006 | 1,2,19 |
Core Molding Technologies, Inc. | CMT | 21863100 | 05/17/2006 | 1,2,3,14,19 |
Corillian Corporation | CORI | 218725109 | 05/15/2006 | 1,2 |
Cost-U-Less, Inc. | CULS | 221492101 | 05/17/2006 | 1,2 |
Curon Medical, Inc. | CURN | 231292103 | 06/01/2006 | 1 |
Cyberoptics Corporation | CYBE | 232517102 | 05/15/2006 | 1,3,14 |
Drugmax, Inc. | DMAX | 262240104 | 11/16/2005 | 1,2 |
Drugmax, Inc. | DMAX | 262240104 | 06/23/2006 | 1,2,8,14 |
Electric City Corp. | ELC | 284868106 | 06/07/2006 | 1,3,14 |
Emak Worldwide, Inc. | EMAK | 26861V104 | 05/31/2006 | 1,2,3 |
Emerson Radio Corp. | MSN | 291087203 | 12/09/2005 | 1,2 |
Empire Resources, Inc. | ERS | 29206E100 | 06/26/2006 | 1,2,3 |
Envoy Communications Group, Inc. | ECGI | 293986303 | 03/28/2006 | 1,2 |
Factory Card & Party Outlet Corp. | FCPO | 303051106 | 06/27/2006 | 1,2,8,14 |
Flexible Solutions International, Inc. | FSI | 33938T104 | 06/15/2006 | 1,2,3,14 |
FSI International, Inc. | FSII | 302633102 | 01/24/2006 | 1,2 |
Globecomm Systems Inc. | GCOM | 37956X103 | 11/17/2005 | 1,2 |
Golden Odyssey Mining Inc. | GODYF | 38113R104 | 10/06/2005 | 1,2,14 |
GTSI Corp. | GTSI | 36238K103 | 05/09/2006 | 1 |
Hastings Entertainment, Inc. | HAST | 418365102 | 06/07/2006 | 1,2,3,14,19 |
Hauppauge Digital, Inc. | HAUP | 419131107 | 07/25/2005 | 1,14 |
Hawk Corporation | HWK | 420089104 | 05/23/2006 | 1 |
Health Fitness Corporation | HFIT | 42217V102 | 05/23/2006 | 12,3,4 |
Health Fitness Corporation | HFIT | 42217V102 | 05/23/2006 | 1,2,3,4 |
Hooper Holmes, Inc. | HH | 439104100 | 05/23/2006 | 1,2 |
Hurco Companies, Inc. | HURC | 447324104 | 03/15/2006 | 1 |
IA Global, Inc. | IAO | 44920E104 | 06/09/2006 | 1 |
Image Entertainment, Inc. | DISK | 452439201 | 09/09/2005 | 1,20 |
International Absorbents Inc. | IAX | 45885E203 | 06/08/2006 | 1,2,4,8,12 |
International Absorbents Inc. | IAX | 4.59E+207 | 06/08/2006 | 14 |
Internet America, Inc. | GEEK | 46058Y109 | 12/06/2005 | 1 |
Iridex Corporation | IRIX | 462684101 | 06/08/2006 | 1,2,3 |
Landec Corporation | LNDC | 514766104 | 10/14/2005 | 1,2,19 |
LMI Aerospace, Inc. | LMIA | 502079106 | 06/28/2006 | 1,2 |
LMS Medical Systems Inc. | LMZ | 502089105 | 09/14/2005 | 1,2,3,14 |
Mad Catz Interactive, Inc. | MCZ | 556162105 | 08/22/2005 | 1,2 |
Maritrans Inc. | TUG | 570363101 | 04/28/2006 | 1,2,19 |
Matrix Service Company | MTRX | 576853105 | 10/21/2005 | 1,2,14 |
Matrixx Initiatives, Inc. | MTXX | 57685L105 | 05/11/2006 | 1,2 |
Meadow Valley Corporations | MVCO | 583185103 | 06/13/2006 | 1,2 |
Medtox Scientific, Inc. | MTOX | 584977201 | 05/25/2006 | 1,2 |
MFRI, Inc. | MFRI | 552721102 | 06/22/2006 | 1 |
Micronetics, Inc. | NOIZ | 595125105 | 10/20/2005 | 1,2,14 |
Microtek Medical Holdings, Inc. | MTMD | 59515B109 | 05/18/2006 | 1 |
Mitcham Industries, Inc. | MIND | 606501104 | 07/27/2006 | 1,2,14 |
Modtech Holdings, Inc. | MODT | 60783C100 | 12/13/2005 | 1,2 |
Modtech Holdings, Inc. | MODT | 60783C100 | 01/03/2006 | 3,4,8,14 |
Modtech Holdings, Inc. | MODT | 60783C100 | 06/13/2006 | 1,2,3 |
Monterey Gourmet Foods, Inc. | PSTA | 612570101 | 05/19/2006 | 1,2 |
Motorcar Parts of America, Inc. | MPAA | 620071100 | 11/29/2005 | 1,2 |
Napco Security Systems, Inc. | NSSC | 630402105 | 12/14/2005 | 1,4 |
National Dentex Corporation | NADX | 63563H109 | 05/16/2006 | 1,2,3 |
New Dragon Asia Corporation | NWD | 64378H102 | 05/23/2006 | 1,2 |
New Gold Inc. | NGD | 644535106 | 05/04/2006 | 1,2,13 |
Newtek Business Services, Inc. | NKBS | 652526104 | 06/23/2006 | 1,2,8 |
Nicholas Financial, Inc. | NICK | 65373J209 | 08/10/2005 | 1,2 |
Nobility Homes, Inc. | NOBH | 654892108 | 03/03/2006 | 1 |
O.I. Corporation | OICO | 670841105 | 05/08/2006 | 1,2 |
Pacific Internet Limited | PCNTF | Y66183107 | 06/30/2006 | 2,4,10,14 |
Pacificnet Inc. | PACT | 69511V207 | 12/30/2005 | 1,2 |
2
PDG Environmental, Inc. | PDGE | 693283103 | 09/30/2005 | 1,3,8,19 |
PDG Environmental, Inc. | PDGE | 693283103 | 09/30/2005 | 1,2,3,8,19 |
Perceptron, Inc. | PRCP | 71361F100 | 12/05/2005 | 1 |
Poore Brothers, Inc. | SNAK | 732813100 | 05/23/2006 | 1,8,19 |
Powershares Zacks Micro Cap Portfolio | PZI | 73935X740 | 06/14/2006 | 5,14 |
Q.E.P. CO. Inc. | QEPC | 74727K102 | 07/27/2005 | 1,2 |
Radyne Corporation | RADN | 750611402 | 06/07/2006 | 1,19 |
RCM Technologies, Inc. | RCMT | 749360400 | 06/15/2006 | 1,2,18 |
Ready Mix, Inc. | RMX | 755747102 | 06/13/2006 | 1,2 |
Red Lion Hotels Corporation | RLH | 756764106 | 05/18/2006 | 1,2,19 |
Relm Wireless Corporation | RWC | 759525108 | 05/10/2006 | 1 |
Rentrak Corporation | RENT | 760174102 | 08/25/2005 | 1,19 |
RF Monolithics, Inc. | RFMI | 74955F106 | 01/18/2006 | 1,2,19 |
Rimage Corporation | RIMG | 766721104 | 05/16/2006 | 1,2 |
Rockwell Medical Technologies, Inc. | RMTI | 774374102 | 05/25/2006 | 1,4 |
Shoe Pavilion, Inc. | SHOE | 824894109 | 06/16/2006 | 1,2 |
Socket Communications, Inc. | SCKT | 833672108 | 04/19/2006 | 1,2 |
Span-America Medical Systems, Inc. | SPAN | 846396109 | 02/28/2006 | 1 |
Span-America Medical Systems, Inc. | SPAN | 846396109 | 02/28/2006 | 8** |
Sparton Corporation | SPA | 847235108 | 10/26/2005 | 1 |
Spectrum Control, Inc. | SPEC | 847615101 | 04/03/2006 | 1,2,14 |
Stockgroup Information Systems Inc. | SWEB | 861273100 | 05/30/2006 | 1,2,14 |
Synagro Technologies, Inc. | SYGR | 871562203 | 05/24/2006 | 1 |
Synagro Technologies, Inc. | SYGR | 871562203 | 05/24/2006 | 14** |
Tandy Brands Accessories | TBAC | 875378101 | 10/18/2005 | 1,3 |
Techteam Global, Inc. | TEAM | 878311109 | 06/14/2006 | 1,2 |
Telecommunication Systems, Inc. | TSYS | 87929J103 | 06/08/2006 | 1,2 |
TGE Industries, Inc. | TGE | 872417308 | 06/06/2006 | 1,2,3 |
The Sands Regent | SNDS | 800091100 | 11/07/2005 | 1,14 |
Tor Minerals International, Inc. | TORM | 890878101 | 05/12/2006 | 1,2 |
Touchstone Applied Science Assoc., Inc. | TASA | 891546301 | 04/27/2006 | 1 |
Touchstone Applied Science Assoc., Inc. | TASA | 891546301 | 04/27/2006 | 1 |
Transact Technologies Incorporated | TACT | 892918103 | 05/18/2006 | 1,2 |
Tripos, Inc. | TRPS | 896928108 | 05/17/2006 | 1,14 |
Tripos, Inc. | TRPS | 896928108 | 05/17/2006 | 17** |
TurbosonicTechnologies, Inc. | TSTA | 900010109 | 12/08/2005 | 1,2 |
24/7 Real Media, Inc. | TFSM | 901314203 | 11/01/2005 | 1,2,14,19 |
Twin Disc, Corporation | TWIN | 901476101 | 10/21/2005 | 1 |
United American Healthcare Corporation | UAHC | 90934C105 | 11/04/2005 | 1,2,14 |
Universal Stainless & Alloy Prods., Inc. | USAP | 913837100 | 05/17/2006 | 1,2,3 |
Uranium Resources, Inc. | URRE | 916901507 | 06/01/2006 | 1,2 |
Varsity Group Inc. | VSTY | 922281100 | 06/15/2006 | 1,2 |
Veri-Tek International, Corp | VCC | 92342X101 | 05/30/2006 | 1,2 |
Versar, Inc. | VSR | 925297103 | 11/16/2005 | 1,2,3,19 |
Vista Gold Corp. | VGZ | 927926204 | 05/08/2006 | 1,2,3 |
Vivus, Inc. | VVUS | 928551100 | 06/14/2006 | 1,2 |
Waters Instruments, Inc. | WTRS | 941850109 | 10/27/2005 | 1,2,8,14 |
Willams Controls, Inc. | WMCO | 969465103 | 03/02/2006 | 1,8,14 |
Zevex International, Inc. | ZVXI | 98950E400 | 05/25/2006 | 1,2,8,19 |
Zomax Incorporated | ZOMX | 989929104 | 06/07/2006 | 1,2,14 |
3
* Proposal Respecting: | |
1. Election of directors | |
2. Ratification of auditors | |
3. Approval of adoption of or an amendment to stock purchase plan, stock option plan, bonus plan and/or incentive plan | |
4. Approval of amendment to increase authorized shares | |
5. Approval of investment advisory agreement | |
6. Shareholder request for additional information and/or proposal | |
7. Approval of the issuance of debt and/or other securities | |
8. Approval of an amendment to certificate of incorporation or charter document | |
9. Approval of indemnification agreement between officers and directors | |
10. Authorization of Board to fix auditor’s remuneration or executive compensation | |
11. Approval of reorganization transaction | |
12. Approval of amendments to company’s by-laws | |
13. Approval of adjournment of meeting to solicit additional proxies | |
14. Other | |
15. Approval of capital structure changes | |
16. Approval of merger proposal | |
17. Approval of stockholder proposal(s) | |
18. Approval of deferred compensation plan | |
19. Approval of amendment to incentive plan | |
20. Approval of reincorporation | |
** | This matter was proposed by a shareholder, and the Fund voted against the matter in accordance with the recommendation of management. With respect to Span-America Medical Systems, Inc., the shareholder proposal recommended that the company approve and propose to shareholders an amendment to the company’s Articles of Incorporation to “de-stagger” the company’s Board of Directors. With respect to Synargo Technologies, Inc., the shareholder proposal requested that the Board of Directors report, by January, 2007, at reasonable cost and omitting proprietary information, on environmental, health and safety impacts of one of the company’s facilities on the community. With respect to Tripos, Inc., the shareholder proposal requested that the Board put the company up for sale. |
4
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.
Dated August 24, 2006.
PERRITT FUNDS, INC. | |
By: /s/ Michael J. Corbett | |
Michael J. Corbett | |
President (Principal Executive Officer) |