UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM N-PX
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ANNUAL REPORT OF PROXY VOTING RECORD
OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-6027
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KAVILCO INCORPORATED
(Exact name of registrant as specified in charter)
600 University Street, Suite 3010, Seattle, Washington 98101-1129
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (206) 624-6166
Date of fiscal year end: December 31, 2010
Date of reporting period: July 1, 2009 - June 30, 2010
Item 1. Proxy Voting Record
Description | Mgmt Rec | Vote Cast | Sponsor |
Issuer: AT&T Inc. | |||
Ticker: T | |||
CUSIP: 00206R102 | |||
Meeting Date: 04/30/10 | |||
Record Date: 03/02/10 | |||
Election of Directors | FOR | FOR | MGMT |
Ratification of selection of independent auditors | FOR | FOR | MGMT |
Proposal regarding cumulative voting | AGAINST | AGAINST | SHLDR |
Proposal regarding pension credit policy | AGAINST | AGAINST | SHLDR |
Proposal regarding advisory vote on compensation | AGAINST | AGAINST | SHLDR |
Proposal regarding special stockholder meetings | AGAINST | AGAINST | SHLDR |
Issuer: AvalonBay Communities, Inc. | |||
Ticker: AVB | |||
CUSIP: 053484101 | |||
Meeting Date: 05/19/10 | |||
Record Date: 03/05/10 | |||
Election of Directors | FOR | FOR | MGMT |
Ratification of selection of Ernst & Young LLP as independent auditors | FOR | FOR | MGMT |
Issuer: CenturyTel, Inc. | |||
Ticker: CTL | |||
CUSIP: 156700106 | |||
Meeting Date: 05/20/10 | |||
Record Date: 03/22/10 | |||
Election of Directors | FOR | FOR | MGMT |
Ratification of selection of KPMG LLP as independent auditor | FOR | FOR | MGMT |
Proposal to amend Articles of Incorporation to change name to CenturyLink, Inc. | FOR | FOR | MGMT |
Proposal to approve 2010 executive officer short-term incentive plan | FOR | FOR | MGMT |
Proposal regarding network management practices | AGAINST | AGAINST | SHLDR |
Proposal regarding limitation of executive compensation | AGAINST | AGAINST | SHLDR |
Proposal regarding executive stock retention | AGAINST | AGAINST | SHLDR |
Proposal regarding executive compensation advisory votes | AGAINST | AGAINST | SHLDR |
Issuer: Consolidated Edison, Inc. | |||
Ticker: ED | |||
CUSIP: 209115104 | |||
Meeting Date: 05/17/10 | |||
Record Date: 03/30/10 | |||
Election of Directors | FOR | FOR | MGMT |
Ratification of appointment of independent accountants | FOR | FOR | MGMT |
Proposal for addtional compensation information | AGAINST | AGAINST | SHLDR |
Issuer: iShares iBoxx$ Investment Grade Corp. Bond Fund | |||
Ticker: LQD | |||
CUSIP: 464287242 | |||
Special Meeting Date: 11/04/09 | |||
Record Date: 08/25/09 | |||
Proposal to aprrove a new investment advisory agreement between each company, on behalf of each of its funds, and Barclay's Global Fund advisors | FOR | FOR | MGMT |
Issuer: Microsoft Corporation | |||
Ticker: MSFT | |||
CUSIP: 594918104 | |||
Meeting Date: 11/19/09 | |||
Record Date: 09/04/09 | |||
Election of Directors | FOR | FOR | MGMT |
Ratification of selection of Deloitte & Touche LLP as independent auditor | FOR | FOR | MGMT |
Approval of amendments to amended and restated Articles of Incorporation | FOR | FOR | MGMT |
Approval of advisory vote on executive compensation | FOR | FOR | MGMT |
Proposal regarding adoption of healthcare reform principles | AGAINST | AGAINST | SHLDR |
Proposal regarding disclosure of charitable contributions | AGAINST | AGAINST | SHLDR |
Issuer: ONEOK, Inc. | |||
Ticker: OKE | |||
CUSIP: 682680103 | |||
Meeting Date: 05/20/10 | |||
Record Date: 03/22/10 | |||
Election of Directors | FOR | FOR | MGMT |
Ratification of selection of PricewaterhouseCoopers LLP as independent auditor | FOR | FOR | MGMT |
Issuer: Progress Energy, Inc. | |||
Ticker: PGN | |||
CUSIP: 743263105 | |||
Meeting Date: 05/12/10 | |||
Record Date: 03/05/10 | |||
Election of Directors | FOR | FOR | MGMT |
Ratification of selection of Deloitte & Touche LLP as independent auditor | FOR | FOR | MGMT |
Proposal regarding adoption of a "hold-into-retirement" policy for equity awards | AGAINST | AGAINST | SHLDR |
Issuer: Royal Dutch Shell PLC | |||
Ticker: RDS/A | |||
CUSIP: 780259206 | |||
Meeting Date: 05/18/10 | |||
Record Date: 04/08/10 | |||
Adoption of Annual Report & Accounts | FOR | FOR | MGMT |
Approval of Remuneration Report | FOR | FOR | MGMT |
Election of Directors | FOR | FOR | MGMT |
Ratification of selection of independent auditors | FOR | FOR | MGMT |
Remuneration of auditors | FOR | FOR | MGMT |
Approval of authority to allot shares | FOR | FOR | MGMT |
Approval of disapplication of pre-emption rights | FOR | FOR | MGMT |
Approval of authority to purchase own shares | FOR | FOR | MGMT |
Approval of authority for Scrip Dividend Scheme | FOR | FOR | MGMT |
Approval of authority for certain donations and expenditure | FOR | FOR | MGMT |
Approval of adoption of new Articles of Association | FOR | FOR | MGMT |
Shareholder resolution | AGAINST | AGAINST | SHLDR |
Issuer: Sanofi-Aventis | |||
Ticker: SNY | |||
CUSIP: 80105N105 | |||
Meeting Date: 05/17/10 | |||
Record Date: 04/07/10 | |||
Proposal regarding approval of the individual company financial statements for the year ended December 31, 2009 | FOR | FOR | MGMT |
Proposal regarding approval of the consolidated company financial statements for the year ended December 31, 2009 | FOR | FOR | MGMT |
Approval of the appropriation of profits; declaration of dividend | FOR | FOR | MGMT |
Approval of the statutory auditors' special report prepared in accordance with Article L.225-40 of the Commercial Code | FOR | FOR | MGMT |
Ratification of the co-opting of a director: Mr. Serge Weinberg | FOR | FOR | MGMT |
Approval of the non-reappointment of a director/appointment of a director: Ms. Catherine Brechignac | FOR | FOR | MGMT |
Approval of the re-appointment of directors | FOR | FOR | MGMT |
Authorization to the board of directors to carry out transactions in shares issued by the company | FOR | FOR | MGMT |
Approval of the amendment to Article 11 of the Articles of Association | FOR | FOR | MGMT |
Approval of the powers for formalities | FOR | FOR | MGMT |
Issuer: Scana Corporation | |||
Ticker: SCG | |||
CUSIP: 80589M102 | |||
Meeting Date: 05/06/10 | |||
Record Date: 03/17/10 | |||
Election of Directors | FOR | FOR | MGMT |
Approval of amended and restated long-term equity compensation plan | FOR | FOR | MGMT |
Approval of appointment of independent registered public accounting firm | FOR | FOR | MGMT |
Issuer: The Southern Company | |||
Ticker: SO | |||
CUSIP: 842587107 | |||
Meeting Date: 05/26/10 | |||
Record Date: 03/30/10 | |||
Election of Directors | FOR | FOR | MGMT |
Ratification of selection of Deloitte & Touche LLP as independent auditor | FOR | FOR | MGMT |
Proposal regarding amendment of company's by-laws regarding majority voting and cumulative voting | FOR | FOR | MGMT |
Proposal regarding amendment of company's certificate of incorporation regarding cumulative voting | FOR | FOR | MGMT |
Proposal regarding amendment of company's certificate of incorporation to increase number of authorized shares of common stock | FOR | FOR | MGMT |
Proposal regarding climate change environmental report | AGAINST | AGAINST | SHLDR |
Proposal regarding coal combustion byproducts environmental report | AGAINST | AGAINST | SHLDR |
Issuer: Unilever PLC | |||
Ticker: UL | |||
CUSIP: 904767704 | |||
Meeting Date: 05/12/10 | |||
Record Date: 03/22/10 | |||
To receive the Report and Accounts for the year ended 31 December 2009 | WITHHELD | MGMT | |
To approve the Directors' Remuneration Report for the year ended 31 December 2009 | WITHHELD | MGMT | |
Election of Directors | FOR | FOR | MGMT |
Ratification of selection of PricewaterhouseCoopers LLP as auditors of the company | FOR | FOR | MGMT |
Approval to authorize the Directors to fix the remuneration of the auditors | FOR | FOR | MGMT |
Approval to renew the authority to Directors to issue shares | FOR | FOR | MGMT |
Approval to renew the authority to Directors to disapply pre-emption rights | FOR | FOR | MGMT |
Approval to renew the authority to the Company to purchase its own shares | FOR | FOR | MGMT |
Approval to authorize Political Donations and Expenditure | FOR | FOR | MGMT |
Approval to shorten the Notice period for General Meetings | FOR | FOR | MGMT |
Approval of the Management Co-investment Plan | FOR | FOR | MGMT |
Approval to adopt new Articles of Association of the Company | FOR | FOR | MGMT |
Issuer: Verizon Communications Inc. | |||
Ticker: VZ | |||
CUSIP: 92343V104 | |||
Meeting Date: 05/06/10 | |||
Record Date: 03/08/10 | |||
Election of Directors | FOR | FOR | MGMT |
Ratification of selection of Ernst & Young LLP as independent auditor | FOR | FOR | MGMT |
Approval advisory vote related to executive compensation | FOR | FOR | MGMT |
Proposal to prohibit granting stock options | AGAINST | AGAINST | SHLDR |
Proposal regarding gender identity non-discrimination policy | AGAINST | AGAINST | SHLDR |
Proposal regarding performance stock unit performance thresholds | AGAINST | AGAINST | SHLDR |
Proposal regarding shareholder right to call a special meeting | AGAINST | AGAINST | SHLDR |
Proposal to adopt and disclose succession planning policy | AGAINST | AGAINST | SHLDR |
Proposal regarding shareholder approval of benefits paid after death | AGAINST | AGAINST | SHLDR |
Proposal regarding executive stock retention requirements | AGAINST | AGAINST | SHLDR |
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.
KAVILCO INCORPORATED
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(Registrant)
BY: | /s/ Louis A. Thompson |
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Louis A. Thompson | |
DATE: | July 20, 2010 |