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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-09060
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HOLLAND SERIES FUND, INC.
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(Exact name of registrant as specified in charter)
375 Park Avenue
New York, NY 10152
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(Address of principal executive Copy to:
offices)
Michael F. Holland Timothy Burdick, Esq.
President and Treasurer State Street Bank and Trust Company
Holland Series Fund, Inc. 4 Copley Pace, 5/th/ Floor
375 Park Avenue Boston, Massachusetts 02116
New York, New York 10152
and
Timothy Diggins, Esq.
Ropes & Gray
Prudential Tower
800 Boylston Street
Boston, Massachusetts 02119-3600
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(Name and address of agent for service)
Registrant's telephone number, including area code: 800-304-6552
Date of fiscal year end: September 30
Date of reporting period: July 1, 2013 - June 30, 2014
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ITEM 1. PROXY VOTING RECORD
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- ------------------------------- ---------------- --------- -------
3M CO. MMM 88579Y101 05/13/14 PROPOSAL 1: Election of Issuer For All For
Directors
1A. Linda G. Alvarado
1B. Thomas "Tony" K. Brown
1C. Vance D. Coffman
1D. Michael L. Eskew
1E. Herbert L. Henkel
1F. Muhtar Kent
1G. Edward M. Liddy
1H. Inge G. Thulin
1I. Robert J. Ulrich
PROPOSAL 2: To Ratify the Issuer For For
appointment of
PricewaterhouseCoopers LLP
as 3M's independent registered
public accounting firm.
PROPOSAL 3: Advisory Issuer For For
approval of executive
compensation.
PROPOSAL 4: Stockholder Security Holder Against Against
proposal on right to act by
written consent.
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- -------------------------------- ---------------- --------- -------
AMERICAN EXPRESS CO. AXP 025816109 05/12/14 Proposal 1: Election of Issuer For All For
Directors
1A. Charlene Barshefsky
1B. Ursula Burns
1C. Kenneth Chenault
1D. Peter Chernin
1E. Anne Lauvergeon
1F. Theodore Leonsis
1G. Richard Levin
1H. Richard McGinn
1I. Samuel Palmisano
1J. Steven Reinemund
1K. Daniel Vasella
1L. Robert Walter
1M. Ronald Williams
PROPOSAL 2: Ratification of Issuer For For
appointment of
PricewaterhouseCoopers LLP
as our independent registered
public accounting firm for
2014.
PROPOSAL 3: Advisory Issuer For For
resolution to approve executive
compensation.
PROPOSAL 4: Shareholder Security Holder Against Against
proposal relating to annual
disclosure of EEO-1 data.
PROPOSAL 5: Shareholder Security Holder Against Against
proposal relating to report on
privacy, data security and
government requests.
PROPOSAL 6: Shareholder Security Holder Against Against
proposal relating to action by
written consent.
PROPOSAL 7: Shareholder Security Holder Against Against
proposal for executives to
retain significant stock.
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- ------------------------------ ---------------- --------- -------
BERKSHIRE HATHAWAY, INC. BRK/A 084670108 05/03/14 PROPOSAL 1: Election of Issuer For All For
Directors
01-Warren E. Buffett
02-Charles T. Munger
03-Howard G. Buffett
04-Stephen B. Burke
05-Susan L. Decker
06-William H. Gates III
07-David S. Gottesman
08-Charlotte Guyman
09-Donald R. Keough
10-Thomas S. Murphy
11-Ronald L. Olson
12-Walter Scott, Jr.
13-Meryl B. Witmer
PROPOSAL 2: Non-binding Issuer For For
resolution to approve the
compensation of the company's
named executive officers, as
described in the 2014 proxy
statement.
PROPOSAL 3: Non-binding Issuer 3 Year 3 Year
resolution to determine the
frequency (whether annual,
biennial or triennial) with
which shareholders of the
company shall be entitled to
have an advisory vote on
executive compensation.
PROPOSAL 4: Shareholder Security Holder Against Against
proposal regarding greenhouse
gas and other air emissions.
PROPOSAL 5: Shareholder Security Holder Against Against
proposal regarding dividends.
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- ---------------------------- ---------------- --------- -------
COMCAST CORPORATION CMCSA 20030N101 05/21/14 PROPOSAL 1: Election of Issuer For All For
Directors
01-Kenneth J. Bacon
02-Sheldon M. Bonovitz
03-Edward D. Breen
04-Joseph J. Collins
05-J. Michael Cook
06-Gerald L. Hassell
07-Jeffrey A. Honickman
08-Eduardo G. Mestre
09-Brian L. Roberts
10-Ralph J. Roberts
11-Johnathan A. Rodgers
12-Dr. Judith Rodin
PROPOSAL 2: Ratification of Issuer For For
the appointment of our
independent auditors
PROPOSAL 3: Approval, on Issuer For For
an advisory basis, of our
executive compensation
PROPOSAL 4: To prepare an Security Holder Against Against
annual report on lobbying
activities
PROPOSAL 5: To prohibit Security Holder Against Against
accelerated vesting upon a
change in control
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- ---------------------------- ---------------- --------- -------
EXXON MOBIL CORP. XOM 30231G102 05/28/14 PROPOSAL 1: Election of Issuer For All For
Directors
01) M.J. Boskin
02) P. Brabeck-Letmathe
03) U.M. Burns
04) L.R. Faulkner
05) J.S. Fishman
06) H.H. Fore
07) K.C. Frazier
08) W.W. George
09) S.J. Palmisano
10) S.S. Reinemund
11) R.W. Tillerson
12) W.C. Weldon
PROPOSAL 2: Ratification of Issuer For For
Independent Auditors
PROPOSAL 3: Advisory Vote Issuer For For
to Approve Executive
Compensation
PROPOSAL 4: Majority Vote Security Holder Against Against
for Directors
PROPOSAL 5: Limits Security Holder Against Against
Directorships
PROPOSAL 6: Amendment of Security Holder Against Against
EEO Policy
PROPOSAL 7: Report on Security Holder Against Against
Lobbying
Proposal 8: Greenhouse Gas Security Holder Against Against
Emissions Goals
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- ------------------------------ ---------------- --------- -------
GENERAL ELECTRIC CO. GE 369604103 04/23/14 PROPOSAL A: Election of Issuer No vote For
Directors
1. W. Geoffrey Beattie
2. John J. Brennan
3. James I. Cash, Jr.
4. Francisco D'Souza
5. Marijn E. Dekkers
6. Ann M. Fudge
7. Susan J. Hockfield
8. Jeffrey R. Immelt
9. Andrea Jung
10. Robert W. Lane
11. Rochelle B. Lazarus
12. James J. Mulva
13. James E. Rohr
14. Mary L. Schapiro
15. Robert J. Swieringa
16. James S. Tisch
17. Douglas A. Warner III
PROPOSAL B1: Advisory Issuer No vote For
Approval of Our Named
Executives' Compensation
PROPOSAL B2: Ratification Issuer No vote For
of Selection of Independent
Auditor for 2014
PROPOSAL C1: Cumulative Security Holder No vote Against
Voting
PROPOSAL C2: Senior Security Holder No vote Against
Executives Hold Option Shares
for Life
PROPOSAL C3: Multiple Security Holder No vote Against
Candidate Elections
PROPOSAL C4: Right to Act Security Holder No vote Against
by Written Consent
PROPOSAL C5: Cessation of Security Holder No vote Against
All Stock Options and Bonuses
PROPOSAL C6: Sell the Security Holder No vote Against
Company
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- ----------------------------- ----------- --------- -----
INTEL CORP. INTC 458140100 05/22/14 PROPOSAL 1: Election of Issuer For All For
Directors
1A. Charlene Barshefsky
1B. Andy D. Bryant
1C. Susan L. Decker
1D. John J. Donahoe
1E. Reed E. Hundt
1F. Brian M. Krzanich
1G. James D. Plummer
1H. David S. Pottruck
1I. Frank D. Yeary
1J. David B. Yoffie
PROPOSAL 2: Ratification of Issuer For For
selection of Ernst & Young
LLP as our independent
registered public accounting
firm for the current year
PROPOSAL 3: Advisory vote Issuer For For
to approve executive
compensation
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- -------------------------------- ---------------- --------- -------
INTERNATIONAL BUSINESS MACHINES IBM 459200101 04/29/14 PROPOSAL 1: Election of Issuer For All For
CORP. Directors For a Term of One
Year
1A. A. J. P. Belda
1B. W.R. Brody
1C. K.I. Chenault
1D. M.L. Eskew
1E. D.N. Farr
1F. S.A. Jackson
1G. A.N. Liveris
1H. W.J. McNerney, Jr.
1I. J.W. Owens
1J. V.M. Rometty
1K. J.E. Spero
1L. S. Taurel
1M. L.H. Zambrano
PROPOSAL 2: Ratification of Issuer For For
Appointment of Independent
Registered Public Accounting
Firm
PROPOSAL 3: Advisory Vote Issuer For For
on Executive Compensation
PROPOSAL 4: Approval of Issuer For For
Long-Term Incentive
Performance Terms for Certain
Executives Pursuant to Section
162(m) of the Internal Revenue
Code
PROPOSAL 5: Adoption of Issuer For For
the IBM 2014 Employees Stock
Purchase Plan
PROPOSAL 6: Stockholder Security Holder Against Against
Proposal for Disclosure of
Lobbying Policies and Practices
PROPOSAL 7: Stockholder Security Holder Against Against
Proposal on the Right to Act by
Written Consent
PROPOSAL 8: Stockholder Security Holder Against Against
Proposal to Limit Accelerated
Executive Pay
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- -------------------------------- ---------------- --------- -------
JOHNSON & JOHNSON JNJ 478160104 04/24/14 PROPOSAL 1: Election of Issuer For All For
Directors
1A. Mary Sue Coleman
1B. James G. Cullen
1C. Ian E.L. Davis
1D. Alex Gorsky
1E. Susan L. Lindquist
1F. Mark B. McClellan
1G. Anne M. Mulcahy
1H. Leo F. Mullin
1I. William D. Perez
1J. Charles Prince
1K. A. Eugene Washington
1L. Ronald A. Williams
PROPOSAL 2: Advisory Vote Issuer For For
to Approve Named Executive
Officer Compensation
PROPOSAL 3: Ratification of Issuer For For
Appointment of
PricewaterhouseCoopers LLP
as Independent Registered
Public Accounting Firm for
2014
PROPOSAL 4: Shareholder Security Holder Against Against
Proposal - Executives to Retain
Significant Stock
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- ---------------------------------- ---------------- --------- -------
JPMORGAN CHASE & CO. JPM 46625H100 05/20/14 PROPOSAL 1: Election of Issuer For All For
Directors
1A. Linda B. Bammann
1B. James A. Bell
1C. Crandall C. Bowles
1D. Stephen B. Burke
1E. James S. Crown
1F. James Dimon
1G. Timothy P. Flynn
1H. Laban P. Jackson, Jr.
1I. Michael A. Neal
1J. Lee R. Raymond
1K. William C. Weldon
PROPOSAL 2: Advisory Issuer For For
resolution to approve executive
compensation
PROPOSAL 3: Ratification of Issuer For For
independent registered public
accounting firm
PROPOSAL 4: Lobbying Security Holder Against Against
report - require annual report on
lobbying
PROPOSAL 5: Special Security Holder Against Against
shareowner meetings - reduce
threshold to 15% rather than
20% and remove procedural
provisions
PROPOSAL 6: Cumulative Security Holder Against Against
voting - require cumulative
voting for directors rather than
one-share one-vote
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- ------------------------------- ----------- --------- -----
MICROSOFT CORP. MSFT 594918104 11/19/13 PROPOSAL 1: Election of Issuer No vote For
Directors
1. Steven A. Ballmer
2. Dina Dublon
3. William H. Gates III
4. Maria M. Klawe
5. Stephen J. Luczo
6. David F. Marquardt
7. Charles H. Noski
8. Helmut Panke
9. John W. Thompson
PROPOSAL 10: Approve Issuer No vote For
material terms of the
performance criteria under the
Executive Officer Incentive
Plan
PROPOSAL 11: Advisory Issuer No vote For
vote on executive compensation
PROPOSAL 12: Ratification Issuer No vote For
of Deloitte & Touche LLP as
our independent auditor for
fiscal year 2014
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- ---------------------------------- ---------------- --------- -------
PEPSICO, INC. PEP 713448108 05/07/14 PROPOSAL 1: Election of Issuer For All For
Directors
1A. Shona L. Brown
1B. George W. Buckley
1C. Ian M. Cook
1D. Dina Dublon
1E. Rona A. Fairhead
1F. Ray L. Hunt
1G. Alberto Ibarguen
1H. Indra K. Nooyi
1I. Sharon Percy Rockefeller
1J. James J. Schiro
1K. Lloyd G. Trotter
1L. Daniel Vasella
1M. Alberto Weisser
PROPOSAL 2: Ratification of Issuer For For
the appointment of KPMG LLP
as the Company's independent
registered public accountants for
fiscal year 2014.
PROPOSAL 3: Advisory Issuer For For
approval of the Company's
executive compensation.
PROPOSAL 4: Approval of the Issuer For For
material terms of the
performance goals of the
PepsiCo, Inc. Executive
Incentive Compensation Plan.
PROPOSAL 5: Policy regarding Security Holder Against Against
approval of political
contributions.
PROPOSAL 6: Policy regarding Security Holder Against Against
executive retention of stock.
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- ------------------------------- ----------- --------- -----
SCHLUMBERGER, LTD. SLB 806857108 04/09/14 PROPOSAL 1: Election of Issuer No vote For
Directors
1A. Peter L.S. Currie
1B. Tony Isaac
1C. K. Vaman Kamath
1D. Maureen Kempston Darkes
1E. Paal Kibsgaard
1F. Nikolay Kudryavtsev
1G. Michael E. Marks
1H. Lubna S. Olayan
1I. Leo Rafael Reif
1J. Tore I. Sandvold
1K. Henri Seydoux
PROPOSAL 2: To approve, on Issuer No vote For
an advisory basis, the
Company's executive
compensation.
PROPOSAL 3: To approve the Issuer No vote For
Company's 2013 financial
statements and declarations of
dividends.
PROPOSAL 4: To approve the Issuer No vote For
appointment of the independent
registered public accounting
firm.
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- -------------------------------- ---------------- --------- -------
THE CHUBB CORPORATION CB 171232101 04/29/14 PROPOSAL 1: Election of Issuer No vote For
Directors
1A) Zoe Baird Budinger
1B) Shelia P. Burke
1C) James I. Cash, Jr.
1D) John D. Finnegan
1E) Timothy P. Flynn
1F) Karen M. Hoguet
1G) Lawrence W. Kellner
1H) Martin G. McGuinn
1I) Lawrence M. Small
1J) Jess SOderberg
1K) Daniel E. Somers
1L) William C. Weldon
1M) James M. Zimmerman
1N) Alfred W. Zollar
PROPOSAL 2: To approve the Issuer No vote For
adoption of The Chubb
Corporation Long-Term
Incentive Plan (2014).
PROPOSAL 3: Ratification of Issuer No vote For
the appointment of Ernst &
Young LLP as independent
auditor.
PROPOSAL 4: Advisory vote Issuer No vote For
on the compensation paid to our
named executive officers.
PROPOSAL 5: Shareholder Security Holder No vote Against
proposal regarding preparation
of an annual sustainability
report.
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- ---------------------------- ---------------- --------- -------
THE HOME DEPOT, INC. HD 437076102 05/22/14 PROPOSAL 1: Election of Issuer For All For
Directors
1A. F. Duane Ackerman
1B. Francis S. Blake
1C. Ari Bousbib
1D. Gregory D. Brenneman
1E. J. Frank Brown
1F. Albert P. Carey
1G. Armando Codina
1H. Helena B. Foulkes
1I. Wayne M. Hewett
1J. Karen L. Katen
1K. Mark Vadon
PROPOSAL 2: Ratification of Issuer For For
the Appointment of KPMG
LLP
PROPOSAL 3: Advisory Vote Issuer For For
to Approve Executive
Compensation
PROPOSAL 4: Shareholder Security Holder Against Against
Proposal Regarding Special
Shareholder Meetings
PROPOSAL 5: Shareholder Security Holder Against Against
Proposal Regarding
Employment Diversity Report
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- --------------------------------- ---------------- --------- -------
THE WALT DISNEY COMPANY DIS 254687106 03/18/14 PROPOSAL 1: Election of Issuer No vote For
Directors
1A. Susan E. Arnold
1B. John S. Chen
1C. Jack Dorsey
1D. Robert A. Iger
1E. Fred H. Langhammer
1F. Aylwin B. Lewis
1G. Monica C. Lozano
1H. Robert W. Matschullat
1I. Sheryl K. Sandberg
1J. Orin C. Smith
PROPOSAL 2: To ratify the Issuer No vote For
appointment of
PricewaterhouseCoopers LLP
as the Company's registered
public accountants for 2014.
PROPOSAL 3: To approve the Issuer No vote For
advisory resolution on
executive compensation.
PROPOSAL 4: To approve an Issuer No vote For
amendment to the Company's
Restated Certificate of
Incorporation.
PROPOSAL 5: To approve the Security Holder No Vote Against
shareholder proposal relating to
proxy access.
PROPOSAL 6: To approve the Security Holder No vote Against
shareholder proposal relating to
acceleration of equity awards.
TICKER MEETING MGMT.
ISSUER SYMBOL CUSIP NO. DATE BALLOT ISSUE PROPOSED BY VOTE CAST REC.
------ ------ --------- -------- ---------------------------- ---------------- --------- -------
WAL-MART STORES, INC. WMT 931142103 06/06/14 PROPOSAL 1: Election of Issuer For All For
Directors
1A. Aida M. Alvarez
1B. James I. Cash, Jr.
1C. Roger C. Corbett
1D. Pamela J. Craig
1E. Douglas N. Daft
1F. Michael T. Duke
1G. Timothy P. Flynn
1H. Marissa A. Mayer
1I. C. Douglas McMillon
1J. Gregory B. Penner
1K. Steven S. Reinemund
1L. Jim C. Walton
1M. S. Robson Walton
1N. Linda S. Wolf
PROPOSAL 2: Ratification of Issuer For For
Ernst & Young LLP as
Independent Accountants
PROPOSAL 3: Advisory Vote Issuer For For
to Approve Named Executive
Officer Compensation
PROPOSAL 4: Request for Security Holder Against Against
Independent Chairman Policy
PROPOSAL 5: Request for Security Holder Against Against
Annual Report on Recoupment
of Executive Pay
PROPOSAL 6: Request for Security Holder Against Against
Annual Report on Lobbying
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.
HOLLAND SERIES FUND, INC.
By: /s/ Michael F. Holland
Michael F. Holland
President and Treasurer
August 21, 2014