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, 2009 to June 30, 2010
Proxy Voting Record for the Reporting Period from July 1, 2009 to June 30, 2010
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 | Ticker | CUSIP | Meeting Date | Matters Considered |
A.C. Moore Arts & Crafts, Inc. | ACMR | 00086T103 | 06/17/2010 | Election of Directors Ratification of Auditors |
Acorn Energy, Inc. | ACFN | 004848107 | 06/10/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Charter Documents (Related to Increase in Authorized Shares) Approval of Amendment to Equity Compensation Plan (Related to Increasing Shares Available) Approval of Adjournment of Meeting |
ADDvantage Technologies Group, Inc. | AEY | 006743306 | 03/03/2010 | Election of Directors Ratification of Auditors |
AdvanSource Biomaterials Corporation | ASB | 00767T109 | 10/14/2009 | Election of Directors Ratification of Auditors |
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
AeroCentury Corp. | ACY | 007737109 | 04/29/2010 | Election of Directors Ratification of Auditors |
Alamo Group Inc. | ALG | 011311107 | 05/06/2010 | Election of Directors Ratification of Auditors |
Allied Healthcare Products, Inc. | AHPI | 019222108 | 11/13/2009 | Election of Directors Approval of Equity Compensation Plan |
Allied Healthcare International Inc. | AHCI | 01923A109 | 05/18/2010 | Election of Directors Ratification of Auditors Approval of Rights Agreement |
Allied Motion Technologies Inc. | AMOT | 019330109 | 05/13/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Articles of Incorporation (Changing Voting Requirement for Directors) Approval of Amendments to Equity Compensation Plan (Increasing Shares Available for Issuance) |
American Bio Medica Corporation | ABMC | 024600108 | 06/15/2010 | Election of Directors |
American Medical Alert Corp. | AMAC | 027904101 | 07/30/2009 | Election of Directors Ratification of Auditors |
American Software, Inc. | AMSWA | 029683109 | 08/17/2009 | Election of Directors Approval of Amendment to Equity Compensation Plan (Increasing Shares Available for Issuance) Approval of Conversion of Options |
2
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
American Technology Corp. | ATCO | 030145205 | 03/24/2010 | Election of Directors Ratification of Auditors Approval of Change of Name |
ARI Network Services, Inc. | ARIS | 001930205 | 12/01/2009 | Election of Directors Ratification of Auditors |
Astro-Med, Inc. | ALOT | 04638F108 | 05/18/2010 | Election of Directors |
Astronics Corporation | ATRO | 046433108 | 05/06/2010 | Election of Directors Ratification of Auditors Approval of Shareholder Proposal (Voted Against) |
AXT, Inc. | AXTI | 00245W103 | 05/18/2010 | Election of Directors Ratification of Auditors |
Baldwin Technology Co., Inc | BLD | 058264102 | 11/10/2009 | Election of Directors |
Ballantyne Strong, Inc. | BTN | 058516105 | 05/19/2010 | Election of Directors Approval of Equity Compensation Plan Approval of Amendment to Two Equity Compensation Plans (Extending Duration) |
Bank of Commerce Holdings | BOCH | 06424J103 | 05/18/2010 | Election of Directors Ratification of Auditors Approval of Amended and Restated Equity Compensation Plan Approval of Amended and Restated Articles of Incorporation (Removing Cumulative Voting) Approval of Non-Binding, Advisory Resolution Regarding Executive Compensation |
3
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
BioClinica, Inc. | BIOC | 09071B100 | 05/12/2010 | Election of Directors Ratification of Auditors Approval of Equity Compensation Plan |
Birner Dental Management Services, Inc. | BDMS | 091283200 | 06/08/2010 | Election of Directors |
BOFI Holding, Inc. | BOFI | 05566U108 | 10/22/2009 | Election of Directors |
BrandPartners Group, Inc. | BPTR | 10531R107 | 08/07/2009 | Election of Directors Ratification of Auditors Approval of Increase in Authorized Capital Stock |
Bsquare Corporation | BSQR | 11776U300 | 06/22/2010 | Election of Directors Ratification of Auditors |
California Micro Devices Corporation | CAMD | 130439102 | 09/17/2009 | Election of Directors (Voted FOR Company Nominees and AGAINST Nominees of Dissident Shareholder) Ratification of Auditors Approval of Amendment to Equity Compensation Plan (Increasing Shares Available for Issuance) |
Carriage Services, Inc. | CSV | 143905107 | 05/18/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Equity Compensation Plan (Increasing Shares Available for Issuance) |
CE Franklin Ltd. | CFK | 125151100 | 04/27/2010 | Election of Directors Ratification of Auditors |
Century Casinos, Inc. | CNTY | 156492100 | 05/06/2010 | Election of Directors Ratification of Auditors |
4
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
Charles & Colvard, Ltd. | CTHR | 159765106 | 05/20/2010 | Election of Directors Ratification of Auditors Approval of Board Size |
City Telecom (H.K.) Limited | CTEL | 178677209 | 12/18/2009 | Election of Directors Approval of Board Size Ratification of Auditors Approval of Share Repurchases Approval to Issue Convertible Securities (To be Increased by Amount of Shares Repurchased) |
ClickSoftware Technologies Ltd. | CKSW | M250821104 | 07/23/2009 | Election of Directors Approval of Board Size Ratification of Auditors Approval of Compensation Packages Approval of Grant of Options Approval of Reconstruction of Compensation of Chairman |
Commonwealth Biotechnologies, Inc. | CBTE | 202739108 | 10/09/2009 | Election of Directors Ratification of Auditors Approval of Issuance of More Than 20% of Outstanding Securities (Including Related Approvals of Issuances of Notes and Warrants) Approval of Issuance of Convertible Notes and Warrants Approval of Sale of Divisions Approval of Equity Compensation Plan |
Core Molding Technologies, Inc. | CMT | 218683100 | 05/19/2010 | Election of Directors Ratification of Auditors |
5
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
Covenant Transportation Group, Inc. | CVTI | 22284P105 | 05/06/2010 | Election of Directors |
CPI Aerostrucures, Inc. | CVU | 125919308 | 06/15/2010 | Election of Directors Ratification of Auditors |
CRM Holdings, Ltd. | CRMH | G2554P103 | 05/05/2010 | Election of Directors Ratification of Auditors Direction to Elect Director Designees for Subsidiary Approval of Changing Name of Company Approval of Amended and Restated By-Laws Approval of Reverse Share Split of Common and Class B Shares |
Cryptologic Limited | CRYP | G3159C109 | 05/17/2010 | Election of Directors Ratification of Auditors |
CyberOptics Corporation | CYBE | 232517102 | 05/21/2010 | Election of Directors Ratification of Auditors |
Cybex International, Inc. | CYBI | 23252E106 | 05/05/2010 | Election of Directors |
Digital Ally, Inc. | DGLY | 25382P109 | 05/24/2010 | Election of Directors Ratification of Auditors |
Dot Hill Systems Corp. | HILL | 25848T109 | 05/03/2010 | Election of Directors Ratification of Auditors |
Emerson Radio Corp. | MSN | 291087203 | 11/10/2009 | Election of Directors Ratification of Auditors |
Envoy Capital Group, Inc. | ECGI | 29413B105 | 03/10/2010 | Election of Directors Ratification of Auditors |
6
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
Espey Mfg. & Electronics Corp. | ESP | 296650104 | 11/20/2009 | Election of Directors Ratification of Auditors |
Evolving Systems, Inc. | EVOL | 30049R209 | 06/16/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Equity Compensation Plan (Increasing Shares Available for Issuance) |
Flexsteel Industries, Inc. | FLXS | 339382103 | 12/07/2009 | Election of Directors Approval of Equity Compensation Plan |
Fortune Industries, Inc. | FFI | 34963X200 | 03/30/2010 | Election of Directors Ratification of Auditors |
FreeSeas Inc. | FREE | Y26496102 | 09/17/2009 | Election of Directors Ratification of Auditors Approval of Amendment to Articles of Incorporation (Increasing Authorized Shares) |
Frequency Electronics, Inc. | FEIM | 358010106 | 10/06/2009 | Election of Directors Ratification of Auditors |
Friedman Industries, Inc. | FRD | 358435105 | 09/03/2009 | Election of Directors |
FSI International, Inc. | FSII | 302633102 | 01/20/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Equity Compensation Plan (Related to Increasing Shares Available) Approval of Amendment to Employee Stock Purchase Plan (Related to Increasing Shares Available) |
Full House Resorts, Inc. | FLL | 359678109 | 12/24/2009 | Election of Directors Ratification of Auditors |
7
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
Globecomm Systems Inc. | GCOM | 37956X103 | 11/19/2009 | Election of Directors Ratification of Auditors Approval of Amendment to Equity Compensation Plan (Related to Increasing Shares Available) |
Golden Odyssey Mining Inc. | GODYF | 702186645 | 01/29/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Equity Compensation Plan |
GP Strategies Corporation | GPX | 36225V104 | 11/12/2009 | Election of Directors Ratification of Auditors |
GTSI Corp. | GTSI | 36238K103 | 04/21/2010 | Election of Directors |
Hastings Entertainment, Inc. | HAST | 418365102 | 06/02/2010 | Election of Directors Ratification of Auditors Approval of Equity Compensation Plan |
Hauppauge Digital Inc. | HAUP | 419131107 | 12/09/2009 | Election of Directors |
Hauppauge Digital Inc. | HAUP | 419131107 | 05/10/2010 | Election of Directors Ratification of Auditors |
HearUSA, Inc. | EAR | 422360305 | 06/10/2010 | Election of Directors Ratification of Auditors |
Hennessy Advisors, Inc. | HNNA | 425885100 | 01/28/2010 | Election of Directors Ratification of Auditors |
Hooper Holmes | HH | 439104100 | 05/24/2010 | Election of Directors Ratification of Auditors Approval of Amendments to Certificate of Incorporation |
Hurco Companies, Inc. | HURC | 447324104 | 03/18/2010 | Election of Directors |
8
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
IA Global, Inc. | IAO | 44920E104 | 12/18/2009 | Election of Directors Ratification of Auditors Approval of Issuance of Securities Approval of Issuance of Shares in Connection with Certain Transactions Approval of Issuance of Shares in Connection with Two Specific Transactions Approval of Amendments to Certificate of Incorporation (Effecting Reverse Stock Split) |
iCAD, Inc. | ICAD | 44934S107 | 06/30/2010 | Election of Directors Ratification of Auditors |
iGo, Inc. | IGOI | 449593102 | 05/18/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Equity Compensation Plan |
Innodata Isogen, Inc. | INOD | 457642205 | 06/09/2010 | Election of Directors Ratification of Auditors |
Iridex Corporation | IRIX | 462684101 | 06/16/2010 | Election of Directors Ratification of Auditors |
Isoray, Inc | ISR | 46489V104 | 12/11/2009 | Election of Directors Ratification of Auditors Approval of Issuance of Common Stock Approval of Issuance of Rights |
9
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
Iteris, Inc. | ITI | 46564T107 | 09/18/2009 | Election of Directors Ratification of Auditors Approval of Amendment to Equity Compensation Plan (Increasing Shares Available for Issuance) |
John B. Sanfilippo & Son, Inc. | JBSS | 800422107 | 10/28/2009 | Election of Directors Ratification of Auditors |
KMG Chemicals, Inc. | KMGB | 482564101 | 12/08/2009 | Election of Directors Ratification of Auditors Approval of Equity Compensation Plan |
Kratos Defense & Security Solutions, Inc. | KTOS | 50077B207 | 05/11/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Equity Compensation Plan (Increasing Shares Available for Issuance) Approval of Amendment to Employee Stock Purchase Plan (Increasing Shares Available for Issuance) |
KSW, Inc. | KSW | 48268R106 | 05/04/2010 | Election of Directors Ratification of Auditors |
LMI Aerospace, Inc. | LMIA | 502079106 | 06/22/2010 | Election of Directors Ratification of Auditors |
LRAD Corporation | LRAD | 50213V109 | 06/02/2010 | Approval of Tax-Free Spin-Off of Division of Company |
Magellan Petroleum Corporation | MPET | 559091301 | 12/09/2009 | Election of Directors Ratification of Auditors |
10
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
Magnetek, Inc. | MAG | 559424106 | 11/05/2009 | Election of Directors Ratification of Auditors Approval of Amended and Restated Equity Compensation Plan |
Magnetek, Inc. | MAG | 559424106 | 05/24/2010 | Approval of Amendment to Certificate of Incorporation (Effecting Reverse Stock Split) |
Man Sang Holdings, Inc. | MHJ | 561651209 | 08/25/2009 | Approval of Dissolution and Liquidation of Company |
Man Sang International (B.V.I) Limited | MHJ | G5808F102 | 03/19/2010 | Approval of Amendments to Charter Documents (Effecting Name Change and Increase in Authorized Shares) Approval of Agreement and Plan of Merger |
Manitex International, Inc. | MNTX | 563420108 | 06/02/2010 | Election of Directors Ratification of Auditors |
MicroFinancial Incorporated | MFI | 595072109 | 05/13/2010 | Election of Directors Ratification of Auditors |
Micronetics, Inc. | NOIZ | 595125105 | 10/22/2009 | Election of Directors |
Motorcar Parts America, Inc. | MPAA | 620071100 | 02/25/2010 | Election of Directors Ratification of Auditors |
Napco Security Technologies, Inc. | NSSC | 630402105 | 12/01/2009 | Election of Directors |
Network Engines, Inc. | NENG | 64121A107 | 03/18/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Equity Compensation Plan (Increasing Shares Available for Issuance) |
11
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
Newtek Business Services, Inc. | NEWT | 652526104 | 08/26/2009 | Election of Directors Ratification of Auditors Approval of Amendment to Certificate of Incorporation (Declassifying Board) |
Newtek Business Services, Inc. | NEWT | 652526104 | 05/26/2010 | Election of Directors Ratification of Auditors Approval of Equity Compensation Plan |
Nobility Homes, Inc. | NOBH | 654892108 | 02/26/2010 | Election of Directors |
North American Galvanizing & Coatings, Inc. | NGA | 65686Y109 | 07/29/2009 | Election of Directors Ratification of Auditors Approval of Amendment to Charter Documents (Related to Increasing Authorized Shares) Approval of Equity Compensation Plan |
Northern Technologies International Corp. | NTIC | 665809109 | 12/01/2009 | Election of Directors Ratification of Auditors |
Novamed | NOVA | 66986W108 | 05/19/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Certificate of Incorporation (Effecting Reverse Stock Split) Approval of Amendment to Certificate of Incorporation (Reducing Authorized Shares) |
O.I. Corporation | OICO | 670841105 | 09/21/2009 | Election of Directors Ratification of Auditors |
O.I. Corporation | OICO | 670841105 | 05/18/2010 | Election of Directors Ratification of Auditors |
12
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
OSI Geospatial, Inc. | OSIIF | 67103T101 | 05/26/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Charter Documents |
Overhill Farms, Inc. | OFI | 690212105 | 06/02/2010 | Election of Directors Ratification of Auditors |
Pacific Premier Bancorp, Inc. | PPBI | 69478X105 | 05/26/2010 | Election of Directors Ratification of Auditors |
Perceptron, Inc. | PRCP | 71361F100 | 11/17/2009 | Election of Directors Ratification of Auditors |
Perma-Fix Environmental Services, Inc. | PESI | 714157104 | 07/29/2009 | Election of Directors Ratification of Auditors Approval of Amendment to Equity Compensation Plan |
PHC, Inc. | PHC | 693315103 | 12/18/2009 | Election of Directors Ratification of Auditors |
Ramtron International Corporation | RMTR | 751907304 | 05/27/2010 | Election of Directors Ratification of Auditors |
RCM Technologies, Inc. | RCMT | 749360400 | 06/17/2010 | Election of Directors Ratification of Auditors |
Relm Wireless Corporation | RWC | 759525108 | 05/25/2010 | Election of Directors |
Rentrak Corporation | RENT | 760174102 | 08/20/2009 | Election of Directors Approval of Amended and Restated Equity Compensation Plan |
RF Monolithics, Inc. | RFMI | 74955F106 | 01/20/2010 | Election of Directors Ratification of Auditors |
13
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
Rimage Corporation | RIMG | 766721104 | 05/12/2010 | Election of Directors Ratification of Auditors |
Schmitt Industries, Inc. | SMIT | 806870200 | 10/02/2009 | Election of Directors |
SmartPros Ltd. | SPRO | 83171G103 | 06/17/2010 | Election of Directors Ratification of Auditors |
Socket Mobile, Inc. | SCKT | 83368E200 | 04/29/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Equity Compensation Plan (Providing for Stock Option Exchange Program) |
SORL Auto Parts, Inc. | SORL | 78461U101 | 05/27/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Charter Documents |
Sparton Corporation | SPA | 847235108 | 10/28/2009 | Election of Directors Ratification of Auditors Approval of Equity Compensation Plan |
Spectrum Control, Inc. | SPEC | 847615101 | 04/12/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Bylaws |
Sport Supply Group, Inc. | RBI | 84916A104 | 11/20/2008 | Election of Directors Ratification of Auditors Approval of Amendments to Equity Compensation Plan (Related to Increasing Shares Available) |
14
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
Stockhouse Inc. | STKH | 861281103 | 12/01/2009 | Election of Directors Ratification of Auditors Approval of Transaction Involving Issuance of Shares to Settle Debt Approval of Consolidation of Outstanding Shares Approval of Sale of More Than 20% of Assets |
Tandy Brands Accessories, Inc. | TBAC | 875378101 | 10/27/2009 | Election of Directors Ratification of Auditors |
TGC Industries, Inc. | TGE | 872417308 | 06/11/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Equity Compensation Plan |
The Management Network Group, Inc. | TMNG | 561693102 | 01/21/2010 | Approval of Amendment to Charter Documents (Related to Reverse Stock Split) |
The Management Network Group, Inc. | TMNG | 561693102 | 05/27/2010 | Election of Directors Ratification of Auditors Approval of Amended and Restated Equity Compensation Plan |
15
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
TOR Minerals International Inc. | TORM | 890878101 | 08/21/2009 | Election of Directors Ratification of Auditors Approval of Amendment to Certificate of Incorporation (Increasing Authorized Shares) Approval of Amendment to Certificate of Incorporation (Revising Terms of Preferred Stock) Approval of Issuance of Shares Upon Exercise of Warrants by Directors Approval of Issuance of Shares Upon Conversion of Debentures and Warrants Issued in Private Placement |
TOR Minerals International Inc. | TORM | 890878101 | 03/18/2010 | Approval of Amendment to Certificate of Incorporation (Effecting Reverse Stock Split) |
TOR Minerals International Inc. | TORM | 890878101 | 06/18/2010 | Election of Directors Ratification of Auditors Approval of Issuance of Shares Upon Conversion of Debentures and Warrants |
Transcend Services, Inc. | TRCR | 893929208 | 05/27/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Charter Documents (Related to Increasing Authorized Shares) |
Turbosonic Technologies, Inc. | TSTA | 900010109 | 12/10/2009 | Election of Directors Ratification of Auditors |
U.S. Home Systems, Inc. | USHS | 90335C100 | 6/17/2010 | Election of Directors Ratification of Auditors Approval of Equity Compensation Plan |
Universal Power Group, Inc. | UPG | 913788105 | 07/28/2009 | Election of Directors Ratification of Auditors |
16
Issuer | Ticker | CUSIP | Meeting Date | Matters Considered |
Universal Stainless & Alloy Products, Inc. | USAP | 913837100 | 05/19/2010 | Election of Directors Ratification of Auditors Approval of Amendments to Equity Compensation Plan (Increasing Shares Available for Issuance) |
Versant Corporation | VSNT | 925284309 | 05/03/2010 | Election of Directors Ratification of Auditors |
Versar, Inc. | VSR | 925297103 | 11/18/2009 | Election of Directors Ratification of Auditors |
Virtus Investment Partners, Inc. | VRTS | 92828Q109 | 05/20/2010 | Election of Directors Ratification of Auditors Approval of Performance-Based Awards Under Equity Compensation Plan |
Vista Gold Corp. | VGZ | 927926303 | 05/03/2010 | Election of Directors Ratification of Auditors Approval of Amendment to Equity Compensation Plan Approval of Equity Compensation Plan |
White Electronic Designs Corp. | WEDC | 963801105 | 03/09/2010 | Election of Directors Ratification of Auditors Approval of Equity Compensation Plan |
Willamette Valley Vineyards, Inc. | WVVI | 969136100 | 07/19/2009 | Election of Directors |
Williams Controls, Inc. | WMCO | 969465608 | 02/24/2010 | Election of Directors Approval of Amendments to Two Equity Compensation Plans |
XETA Technologies, Inc. | XETA | 983909102 | 04/06/2010 | Election of Directors Ratification of Auditors |
17
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 30, 2010.
PERRITT FUNDS, INC.
By: /s/ Michael J. Corbett
Michael J. Corbett
President (Principal Executive Officer)