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: 811-22755
LOCALSHARES INVESTMENT TRUST
(Exact name of registrant as specified in charter)
4535 Harding Pike, Suite 201
Nashville, Tennessee 37205
(Address of principal executive offices)
Elizabeth S. Courtney
LocalShares Investment Trust
4535 Harding Pike
Suite 201
Nashville, Tennessee 37205
(Name and address of agent for service)
Registrant's telephone number, including area code: 1-855-480-6274
Date of Fiscal Year End: April 30
Date of Reporting Period: July 1, 2016 to June 30, 2017
ITEM 1. PROXY VOTING RECORD.
ATTACHED ARE THE PROXY VOTING RECORDS FOR:
NASHVILLE AREA ETF
NASHVILLE AREA ETF
PROPOSAL PROPOSED BY MGT. POSITION REGISTRANT VOTED
AAC HOLDINGS, INC
SECURITY ID: 000307108 TICKER: AAC
Meeting Date: 15-May-17
1 Election of Directors Issuer For Voted - For
2 Proposal to amend 2014 Equity Incentive Plan to
increase number of shares reserved for issuance by
1,800,000 shares Issuer For Voted - For
3 Proposal to approve material terms of 2014 Equity
Incentive Plan for purposes of complying with
section 162(M) of the IRS code of 1986. Issuer For Voted - For
4 Proposal to amend employee stock purchase plan to
increase number of shares reserved for issuance by
250,000 shares Issuer For Voted - For
5 Proposal to ratify the appointment of BDO USA, LLP
as our independent registered public accounting
firm for fiscal year ending 12/31/17 Issuer For Voted - For
ACADIA HEALTHCARE COMPANY, INC.
SECURITY ID: 00404A109 TICKER: ACHC
Meeting Date: 25-May-17
1 Approval of Directors Issuer For Voted - For
2 Approve an amendment to the company's amended and
restated certificate of incorporation to adopt a
majority voting standard in uncontested director
elections Issuer For Voted - For
3 Advisory vote on the compensation of the company's
named executive officers as presented in the proxy
statement Issuer For Voted - For
4 Ratify the appointment of Ernst & Young LLP as the
company's independent registered public accounting
firm for the fiscal year ending December 31, 2017 Issuer For Voted - For
5 Consider and act on a stockholder proposal relating
to sustainability reporting Issuer Against Voted - Against
CLARCOR, INC.
SECURITY ID: 179895107 TICKER: CLC
Meeting Date: 23-Feb-17
1 Adoption of agreement and plan of merger, as of
12/1/2016 Issuer For Voted - For
2 Approval of certain compensation that may be paid
or become payable to Clarcor's named executive
officers in connection with the consummation of the
merger. Issuer For Voted - For
3 Approval of the adjournment of the special meeting,
including to solicit additional proxies if there
NASHVILLE AREA ETF
PROPOSAL PROPOSED BY MGT. POSITION REGISTRANT VOTED
are insufficient votes, including at the time of
the special meeting to adopt the merger agreement
or in the absence of a quorum. Issuer For Voted - For
COMMUNITY HEALTHCARE TRUST INC
SECURITY ID: 20369C106 TICKER: CHCT
Meeting Date: 30-May-17
1 Election of Directors Issuer For Voted - For
2 Approve amendment #2 to the company's 2014
incentive plan that will allow continuation of the
significant participation in our alignment of
interest program by providing for automatic annual
increases in the number of shares of common stock
available for grant, award or issuance under the
2014 incentive plan Issuer For Voted - For
3 Ratify the appointment of BDO USA, LLP as our
independent registered public accountants for 2017 Issuer For Voted - For
CUMBERLAND PHARMACEUTICALS
SECURITY ID: 230770109 TICKER: CPIX
Meeting Date: 25-Apr-17
1 Election of Directors Issuer For Voted - For
2 Ratification of appointment of BDO USA LLP as
independent registered accounting firm of the
company for fiscal year ending 12/31/17 Issuer For Voted - For
3 Advisory approval of all the compensation of the
company's named executive officers Issuer For Voted - For
4 Advisory approval of the frequency of the advisory
vote on all the compensation of the company's named
executives Issuer 3 Years Voted - 3 Years
5 Approval of extension of the amended and restated
2017 long-term and directors incentive plans
through 4/18/20 Issuer For Voted - For
DELEK US HOLDINGS, INC.
SECURITY ID: 246647101 TICKER: DK
Meeting Date: 08-May-17
1 Approval of Directors Issuer For Voted - For
2 Advisory Resolution approving our executive
compensation program for our named executive
officers Issuer For Voted - For
3 Advisory vote on the frequency of the advisory vote
on our executive compensation program for named
executive officers Issuer 1 Year Voted - 1 Year
NASHVILLE AREA ETF
PROPOSAL PROPOSED BY MGT. POSITION REGISTRANT VOTED
4 Ratification o the appointment of Ernst & Young LLP
as our independent registered public accounting
firm for the 2017 fiscal year Issuer For Voted - For
Meeting Date: 29-Jun-17
5 To approve the issuance of Delek Holdco, Inc.
common stock to Alon USA Energy, Inc. stockholders,
as consideration for the merger contemplated by the
agreement and plan of merger dated as of January 2,
2017, by and among Delek US Holding, Inc., Alon USA
Energy, Inc., Delek Holdco, Inc., Dione Mergeco,
Inc. and Astro Mergeco, Inc., as amended Issuer For Voted - For
6 To adjourn the special meeting, if necessary or
appropriate, to solicit additional proxies if there
are not sufficient votes at the time of the special
meeting to approve proposal 1. Issuer For Voted - For
DOLLAR GENERAL CORPORATION
SECURITY ID: 256677105 TICKER: DG
Meeting Date: 31-May-17
1 Election of Directors Issuer For Voted - For
2 Approve the material terms of the performance goals
under the company's amended and restated 2007 stock
incentive plan for purposes of compensation
deductibility under IRS Code section 162(M) and the
limit on non-employee director compensation set
forth in such plan. Issuer For Voted - For
3 Approve the material terms of the performance goals
under Dollar General Corporation's amended and
restated annual incentive plan for purposes of
compensation deductibility under IRS Code Section
162(M). Issuer For Voted - For
4 Approve, on an advisory (non-binding) basis, the
compensation of Dollar General Corporation's named
executive officers as disclosed in the proxy
statement Issuer For Voted - For
5 To recommend, on an advisory (non-binding) bases,
the frequency of future advisory votes on Dollar
General Corporation's named Executive Officer
compensation Issuer 3 Years Voted - 3 Years
6 Ratify Ernst and Young LLP as the independent
registered public accounting firm for fiscal 2017 Issuer For Voted - For
ENVISION HEALTHCARE CORPORATION
SECURITY ID: 03232P405 TICKER: EVHC
Meeting Date: 25-May-17
1 Approval of Directors Issuer For Voted - For
NASHVILLE AREA ETF
PROPOSAL PROPOSED BY MGT. POSITION REGISTRANT VOTED
2 Approval, on a non-binding advisory bases, of
Envision Healthcare Corporation's executive
compensation Issuer For Voted - For
3 Approval, on a non-binding advisory basis, of the
frequency of future advisory votes approving
Envision Healthcare Corporation's executive
compensation Issuer 1 Year Voted - 1 Year
4 Ratification of the appointment of Deloitte &
Touche LLP as Envision Healthcare Corporation's
independent registered public accounting firm for
the year ending December 31, 2017 Issuer For Voted - For
FB FINANCIAL CORPORATION
SECURITY ID: 30257X104 TICKER: FBK
Meeting Date: 18-May-17
1 Election of Directors Issuer For Voted - For
FRANKLIN FINANCIAL NETWORK, INC
SECURITY ID: 595635103 TICKER: FSB
Meeting Date: 25-May-17
1 Election of directors Issuer For Voted - For
2 Approval of an amendment to the corporation's
charter, as amended, to increase the authorized
shares of common stock, no par value, from
20,000,000 to 30,000,000 Issuer For Voted - For
3 Approval and adoption of the Franklin Financial
network, Inc. 2017 Omnibus Equity Incentive Plan Issuer For Voted - For
4 Ratification of the selection of Crowe Horwath LLP
as the corporation's independent registered public
accounting firm for 2017 Issuer For Voted - For
GENES, INC.
SECURITY ID: 371532102 TICKER: GCO
Meeting Date: 22-Jun-17
1 Approval of Directors Issuer For Voted - For
2 Say on Pay - an advisory vote on the approval of
executive compensation Issuer For Voted - For
3 An advisory vote on the desired frequency of future
votes on executive compensation Issuer 1 Year Voted - 1 Year
4 Ratification of independent registered public
accounting firm Issuer For Voted - For
NASHVILLE AREA ETF
PROPOSAL PROPOSED BY MGT. POSITION REGISTRANT VOTED
HEALTHSTREAM, INC
SECURITY ID: 42222N103 TICKER: HSTM
Meeting Date: 24-May-17
1 Election of Directors Issuer For Voted - For
2 Ratify the appointment of Ernst & Young LLP as the
company's independent registered public accounting
firm for fiscal year ending 12/31/17. Issuer For Voted - For
3 Approve, on an advisory basis, the compensation of
the company's named executive officers Issuer For Voted - For
MEDEQUITIES REALTY TRUST, INC
SECURITY ID: 584091306 TICKER: MRT
Meeting Date: 03-May-17
1 Election of Directors Issuer For Voted - For
2 Ratify appointment of KPMG LLP as the company's
independent registered public accounting firm for
the fiscal year ending 12/31/17 Issuer For Voted - For
3 Approval of the company's amended and restated 2014
Equity Incentive Plan. Issuer For Voted - For
PINNACLE FINANCIAL PARTNERS, INC.
SECURITY ID: 72346Q104 TICKER: PNFP
Meeting Date: 18-Apr-17
1 Election of Directors Issuer For Voted - For
2 Ratify the appointment of Crowe Horwath LLP as the
company's independent registered public accounting
firm for the fiscal year ending 12/31/17 Issuer For Voted - For
3 Approval on a non-binding, advisory basis, the
compensation of the company's named executive
officers as disclosed in the proxy statement for
the annual meeting of shareholders Issuer For Voted - For
4 Approval on a non-binding, advisory basis, the
frequency of a non-binding advisory vote on the
compensation of the company's named executive
officers Issuer 1 Year Voted - 1 Year
QUORUM HEALTH CORPORATION
SECURITY ID: 749084109 TICKER: QHC
Meeting Date: 16-May-17
1 Election of directors Issuer For Voted - For
2 To approve the compensation o our named executive
officers, as disclosed in the proxy statement Issuer For Voted - For
NASHVILLE AREA ETF
PROPOSAL PROPOSED BY MGT. POSITION REGISTRANT VOTED
3 To approve the frequency with which stockholders
are provided an advisory vote on the compensation
of our named executive officers Issuer 1 Year Voted - 1 Year
4 To approve, for the purposes of Section 162(M) of
the Internal Revenue Code, our 2016 employee
performance incentive plan Issuer For Voted - For
5 To approve, for the purposes of Section 162(M) of
the Internal Revenue Code, our 2016 stock award plan Issuer For Voted - For
6 To ratify the appointment of Deloitte & Touche LLP
as our independent registered public accounting
firm (Independent Auditors) for the fiscal year
ending December 31, 2017 Issuer For Voted - For
SURGERY PARTNERS INC.
SECURITY ID: 86881A100 TICKER: SGRY
Meeting Date: 02-May-17
1 Approval of Directors Issuer For Voted - For
2 Approval, on an advisory basis, of the compensation
paid by the company to its named executive officers Issuer For Voted - For
3 Approval, on an advisory basis, of the frequency of
future advisory votes on the compensation paid by
the company to its named executive officers Issuer 1 Year Voted - 1 Year
4 Ratification of the appointment of Ernst & Young,
LLP as our independent registered public accounting
firm for fiscal 2017 Issuer For Voted - For
TIVITY HEALTH, INC.
SECURITY ID: 422245100 TICKER: TVTY
Meeting Date: 25-May-17
1 Election of Directors Issuer For Voted - For
2 Non-binding, advisory vote to approve compensation
of the named executive officers as disclosed in the
proxy statement Issuer For Voted - For
3 Non-binding, advisory vote on the frequency of
future advisory votes to approve compensation of
the named executive officers Issuer 1 Year Voted - 1 Year
4 To ratify the appointment of Price Waterhouse
Cooper LLP as the company's independent registered
public accounting firm for fiscal year ending
December 31, 2017 Issuer For Voted - 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
undersigned, thereunto duly authorized.
LOCALSHARES INVESTMENT TRUST
By: /s/ Elizabeth S. Courtney
-----------------------------
Elizabeth S. Courtney
CHAIRMAN OF THE BOARD,
PRESIDENT (PRINCIPAL EXECUTIVE OFFICER)
& TREASURER (PRINCIPAL FINANCIAL OFFICER AND
PRINCIPAL ACCOUNTING OFFICER)
Date: August 30, 2017