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 811-08191
-----------------------------------------------------------
BULLFINCH FUND, INC.
(Exact name of registrant as specified in charter)
3909 Rush Mendon Road
Mendon, NY 14506
(Address of principal executive offices)
-----------------------------------------------------------
AGENT FOR SERVICE:
Christopher Carosa
Bullfinch Fund, Inc.
3909 Rush Mendon Road
Mendon, NY 14506
(Name and Address of Agent for Service)
-----------------------------------------------------------
Registrant's telephone number, including area code: 1-585-624-3650
Date of fiscal year end: October 31, 2013
Date of reporting period: July 1, 2013 - June 30, 2014
Form N-PX is to be used by a registered management investment company, other
than a small business investment company registered on Form N-5 (ss.ss. 239.24
and 274.5 of this chapter), to file reports with the Commission, not later
than August 31 of each year, containing the registrant's proxy voting record
for the most recent twelve-month period ended June 30, pursuant to section 30
of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR
270.30b1-4). The Commission may use the information provided on Form N-PX in
its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-PX,
And the Commission will make this information public. A registrant is not
Required to respond to the collection of information contained in Form N-PX
unless the Form displays a currently valid Office of Management and Budget
("OMB") control number. Please direct comments concerning the accuracy of the
information collection burden estimate and any suggestions for reducing the
burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street,
NW, Washington, DC 20549-0609. The OMB has reviewed this collection of infor-
mation under the clearance requirements of 44 U.S.C. ss. 3507.
==============================================================================
Item 1. Proxy Voting Record
Bullfinch Fund, Inc. Unrestricted Series
TICKER: BUNRX
PROXY VOTING RECORD
7/1/2013-6/30/2014
===============================================================================
AAR Corporation
AIR
10/09/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-04:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:2013 Stock Plan Management Yes For For
4:Auditors Management Yes For For
===============================================================================
Adobe Systems Incorporated
ADBE
4/10/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-m:Directors Management Yes For For
2:Amend Equity Incentive Plan Management Yes Against Against
3:Auditors Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Allergan Inc.
AGN
5/6/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-I:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Right to Act by Written Consent Management Yes Against Against
5:Independent Board Chairman Shareholder Yes Against For
===============================================================================
Almost Family Inc.
AFAM
5/5/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-07:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Amazon.com
AMZN
5/21/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-i:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Political Contributions Report Shareholder Yes Against For
===============================================================================
Cisco
CSCO
11/19/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-l:Directors Management Yes For For
2:Stock Incentive Plan Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Auditors Management Yes For For
5:Proxy Advice Competition Shareholder Yes Against For
===============================================================================
Corning
GLW
4/29/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-l:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Variable Compensation Plan Management Yes For For
4:Auditors Management Yes For For
===============================================================================
Edwards Lifesciences
EXPD
5/8/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-B:Directors Management Yes For For
2:Long Term Stock Incentive Plan Management Yes For For
3:Int'l Employee Stock Purchase Plan Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
5:Auditors Management Yes For For
6:Right to Act By Written Consent Shareholder Yes Against For
===============================================================================
Expeditors Int'l of Washington
EXPD
5/7/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-k:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:2014 Stock Option Plan Management Yes For For
4:Employee Stock Purchase Plan Management Yes For For
5:Director's Restricted Stock Plan Management Yes For For
6:Auditors Management Yes For For
===============================================================================
Fastenal
FAST
4/22/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-I:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Fred's
FRED
6/18/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-07:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Gallagher, AJ
AJG
5/13/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-H:Directors Management Yes For For
2:Auditors Management Yes For For
3:Long Term Incentive Plan Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
General Electric
GE
4/23/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
A1-17:Directors Management Yes For For
B1:Advisory Vote-Executive Comp Management Yes For For
B2:Auditors Management Yes For For
C1:Cumulative Voting Shareholder Yes Against For
C2:Sr. Executives Hold Option Shares for Life Shareholder Yes Against For
C3:Multiple Candidate Elections Shareholder Yes Against For
C4:Right to Act by Written Consent Shareholder Yes Against For
C5:Cessation of Stock Options & Bonuses Shareholder Yes Against For
C6:Sell the Company Shareholder Yes Against For
===============================================================================
Intel
INTC
5/22/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-J:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Johnson & Johnson
JNJ
4/24/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-l:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
4:Equity Retention Policy Shareholder Yes Against For
===============================================================================
Medtronic
MDT
8/22/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-11:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Stock Award & Incentive Plan Management Yes For For
5:Amend Uncontested Elections Management Yes For For
6:Amend Board Size Changes Management Yes For For
7:Amend Director Removal Management Yes For For
8:Amend 5.3 Articles of Incorp. Management Yes For For
9:Amend "Fair Price Provision" Management Yes For For
===============================================================================
Meridian Bioscience
VIVO
1/22/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-05:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Microsoft
MSFT
11/19/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1-9:Directors Management Yes For For
10:Executive Officer IncentivePlanManagement Yes For For
11:Advisory Vote-Executive Comp Management Yes For For
12:Auditors Management Yes For For
=============================================================================
Mylan
MYL
4/11/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-m:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Independent Chairman Shareholder Yes Against For
===============================================================================
NVIDIA
NVDA
5/23/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-J:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
4:Equity Incentive Plan Management Yes For For
5:Employee Stock Purchase Plan Management Yes For For
===============================================================================
Oracle
ORCL
10/31/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-11:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Long Term Incentive Plan Management Yes Against Against
4:Auditors Management Yes For For
5:Board Committee on Human Rights Shareholder Yes Against For
6:Independent Board Chairman Shareholder Yes Against For
7:Vote Tabulation Shareholder Yes Against For
8:Multiple Performance Metrics Shareholder Yes Against For
9:Quantifiable Performance MetricsShareholder Yes Against For
===============================================================================
Paychex
PAYX
10/16/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-I:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Sensient
SXT
4/24/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-09:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Incentive Comp Plan for Elected Officers Management Yes For For
4:Auditors Management Yes For For
===============================================================================
Stryker
SYK
4/22/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-I:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Synopsis
SNPS
4/2/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-09:Directors Management Yes For For
2:Amend Employee Equity Incentive Plan ManagementYes Against Against
3:Amend Employee Stock Purchase Plan Management Yes Against Against
4:Amend Non-Employee Directors Equity Incentive Plan Management Yes For For
5:Advisory Vote-Executive Comp Management Yes For For
6:Auditors Management Yes For For
===============================================================================
Terssera Technologies
TSRA
5/7/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.A-J:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
4:Employee Stock Purchase Plan Management Yes For For
===============================================================================
TE Connectivity
TEL
3/4/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-1:Directors Management Yes For For
2:Chairman of the Board Management Yes For For
3a-c:Management Development&Compensation Committee Management Yes For For
4:Independent Proxy Management Yes For For
5.1-3:Financial Statement ApprovalManagement Yes For For
6:Release Board&Officers for activities during FY Management Yes For For
7.1-3:Auditors Management Yes For For
8:Advisory Vote on Executive Comp Management Yes For For
9:Earnings Appropriation Management Yes For For
10:Dividend Payment Management Yes For For
11:Share Repurchase Program Management Yes For For
12:Reduction of Share Capital Management Yes Against Against
13:Postponements/Adjournments Management Yes For For
===============================================================================
Universal Corporation
UVV
8/6/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-04:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
4:Disclosure of Lobbying PracticesShareholder Yes Against For
===============================================================================
Zumiez
ZUMZ
5/21/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-C:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Equity Incentive Plan Management Yes Against Against
4:Employee Stock Purchase Plan Management Yes For For
5:Auditors Management Yes For For
===============================================================================
Bullfinch Fund, Inc. Greater Western New York Series
TICKER: BWNYX
PROXY VOTING RECORD
7/1/2013-6/30/2014
===============================================================================
Astronics
ATRO
5/13/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-06:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Bristol-Myers Squibb
BMY
5/6/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-K:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Simple Majority Vote Shareholder Yes Against Abstain
===============================================================================
Columbus McKinnon
CMCO
7/22/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-08:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Community Bank
CBU
5/14/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-04:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Long Term Incentive Plan Management Yes For For
4:Auditors Management Yes For For
===============================================================================
Computer Task Group
CTGX
5/7/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-03:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
4:Amend Equity Incentive Plan Management Yes For For
===============================================================================
Constellation Brands
STZ
7/24/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-11:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Employee Stock Purchase Plan Management Yes For For
===============================================================================
Corning
GLW
4/29/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-l:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Variable Compensation Plan Management Yes For For
4:Auditors Management Yes For For
===============================================================================
Ecology And Environment
EEI
1/16/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-.02:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Advisory Vote Frequency Management Yes 3 year Against
===============================================================================
Fastenal
FAST
4/22/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-I:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Frontier Communications
FTR
5/14/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-11:Directors Management Yes For For
2:Advisory Vote - Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
General Electric
GE
4/23/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
A1-17:Directors Management Yes For For
B1:Advisory Vote-Executive Comp Management Yes For For
B2:Auditors Management Yes For For
C1:Cumulative Voting Shareholder Yes Against For
C2:Sr. Executives Hold Option Shares for Life Shareholder Yes Against For
C3:Multiple Candidate Elections Shareholder Yes Against For
C4:Right to Act by Written Consent Shareholder Yes Against For
C5:Cessation of Stock Options & Bonuses Shareholder Yes Against For
C6:Sell the Company Shareholder Yes Against For
===============================================================================
Genesee & Wyoming
GWR
5/21/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-03:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Gibraltar
ROCK
5/2/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-C:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Graham Corp
GHM
7/25/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-02:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Greatbatch
GB
5/16/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-09:Directors Management Yes For For
2:Stock Incentive Plan Management Yes For For
3:Auditors Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Harris Corporation
HRS
10/25/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-m:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Harris Interactive
HPOL
11/26/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-02:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Advisory Vote Frequency Management Yes 3 year Against
4:Auditors Management Yes For For
===============================================================================
Home Properties
HME
4/29/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-08:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Increase Authorized Common Stock Shares Management Yes Against Against
4:Stock Benefit Plan Management Yes Against Against
5:Auditors Management Yes For For
===============================================================================
IEC Electronics
IECE
1/29/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-06:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Ingram Micro
IM
6/4/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.1-9:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Johnson & Johnson
JNJ
4/24/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-l:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
4:Equity Retention Policy Shareholder Yes Against For
===============================================================================
M & T Bank
MTB
4/15/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-14:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Monro Muffler
MNRO
8/6/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-05:Directors Management Yes For For
2:Stock Incentive Plan Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Auditors Management Yes For For
===============================================================================
Moog
MOGA
1/08/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01:Directors Management Yes For For
2:Auditors Management Yes For For
===============================================================================
Mod-Pac Corporation
MPAC
Special Meeting
9/27/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1:Merger Management Yes For For
2:Adjourment Management Yes For For
===============================================================================
National Fuel Gas
NFG
3/13/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-03:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Gender Identity Non Discrimination Shareholder Yes Against For
===============================================================================
Northrop Grumman
NOC
5/21/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-K:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
4:Independent Board Chairman Shareholder Yes Against For
===============================================================================
Oracle
ORCL
10/31/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-11:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Long Term Incentive Plan Management Yes Against Against
4:Auditors Management Yes For For
5:Board Committee on Human Rights Shareholder Yes Against For
6:Independent Board Chairman Shareholder Yes Against For
7:Vote Tabulation Shareholder Yes Against For
8:Multiple Performance Metrics Shareholder Yes Against For
9:Quantifiable Performance MetricsShareholder Yes Against For
===============================================================================
Paychex
PAYX
10/16/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-I:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Servotronics
SVT
5/08/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-05:Directors Management Yes For For
2:Auditors Management Yes For For
===============================================================================
Southwest Airlines
LUV
5/14/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-J:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Sovran Self Storage
SSS
5/22/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-06:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Taylor Devices
TAYD
11/01/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-02:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Advisory Vote Frequency Management Yes 3 year For
===============================================================================
TE Connectivity
TEL
3/4/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-1:Directors Management Yes For For
2:Chairman of the Board Management Yes For For
3a-c:Management Development&Compensation Committee Management Yes For For
4:Independent Proxy Management Yes For For
5.1-3:Financial Statement ApprovalManagement Yes For For
6:Release Board&Officers for activities during FY Management Yes For For
7.1-3:Auditors Management Yes For For
8:Advisory Vote on Executive Comp Management Yes For For
9:Earnings Appropriation Management Yes For For
10:Dividend Payment Management Yes For For
11:Share Repurchase Program Management Yes For For
12:Reduction of Share Capital Management Yes Against Against
13:Postponements/Adjournments Management Yes For For
=========================================================================
======
Ultra Life
ULBI
6/3/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-06:Directors Management Yes For For
2:Auditors Management Yes For For
3:Long Term Incentive Plan Management Yes For For
===============================================================================
Virtualscopics
VSCP
8/13/2013
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-08:Directors Management Yes For For
2:Auditors Management Yes For For
3:Reverse Stock Split Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
5:Advisory Vote Frequency Management Yes 3 year Against
===============================================================================
Virtualscopics
VSCP
6/17/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-05:Directors Management Yes For For
2:Auditors Management Yes For For
3:Decrease Authorized Shares Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Xerox
XRX
5/20/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-J:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Zumiez
ZUMZ
5/21/2014
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-C:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Equity Incentive Plan Management Yes Against Against
4:Employee Stock Purchase Plan Management Yes For For
5:Auditors Management Yes For 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 under-
signed, thereunto duly authorized.
/s/ Christopher Carosa
--------------------
Christopher Carosa
President
August 28, 2014