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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. 100 Huntington Avenue, CPH0326
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, 2014 - June 30, 2015
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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 05/12/15 Proposal 1: Election of Issuer For All For
Directors
1a. Linda G. Alvarado
1b. Sondra L. Barbour
1c. Thomas "Tony" K. Brown
1d. Vance D. Coffman
1e. Michael L. Eskew
1f. Herbert L. Henkel
1g. Muhtar Kent
1h. Edward M. Liddy
1i. Inge G. Thulin
1j. 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 approval Issuer For For
of executive compensation.
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- -------------------------------- ---------------- --------- -------
American Express Co. AXP 025816109 05/11/15 Proposal 1: Election of Issuer No vote For
Directors
1a. Charlene Barshefsky
1b. Ursula Burns
1c. Kenneth Chenault
1d. Peter Chernin
1e. Anne Lauvergeon
1f. Michael Leavitt
1g. Theodore Leonsis
1h. Richard Levin
1i. Samuel Palmisano
1j. Daniel Vasella
1k. Robert Walter
1l. Ronald Williams
Proposal 2: Ratification of Issuer No vote For
appointment of
PricewaterhouseCoopers LLP
as our independent registered
public accounting firm for
2015.
Proposal 3: Advisory Issuer No vote For
resolution to approve executive
compensation.
Proposal 4: Shareholder Security Holder No vote Against
proposal relating to annual
disclosure of EEO-1 data.
Proposal 5: Shareholder Security Holder No vote Against
proposal relating to report on
privacy, data security and
government requests.
Proposal 6: Shareholder Security Holder No vote Against
proposal relating to action by
written consent.
Proposal 7: Shareholder Security Holder No vote Against
proposal relating to lobbying
disclosure.
Proposal 8: Shareholder Security Holder No vote Against
proposal relating to
Independent board chairman.
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- ------------------------ ----------- --------- -----
Berkshire Hathaway, Inc. BRK/A 084670108 05/02/15 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-Thomas S. Murphy
10-Ronald L. Olson
11-Walter Scott, Jr.
12-Meryl B. Witmer
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- -------------------------------- ---------------- --------- -------
Comcast Corporation CMCSA 20030N101 05/21/15 Proposal 1: Election of Issuer No vote 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 the Issuer No vote For
appointment of our independent
auditors
Proposal 3: Approval on our Issuer No vote For
2006 Cash Bonus Plan
Proposal 4: To provide an Security Holder No vote Against
annual report on lobbying
activities
Proposal 5: To prohibit Security Holder No vote Against
accelerated vesting upon a
change in control
Proposal 6: To provide each Security Holder No vote Against
share an equal vote
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- ------------------------------ ---------------- --------- -------
Exxon Mobil Corp. XOM 30231G102 05/27/15 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) D.R. Oberhelman
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 to Issuer For For
Approve Executive
Compensation
Proposal 4: Independent Security Holder Against Against
Chairman
Proposal 5: Proxy Access Security Holder Against Against
Bylaw
Proposal 6: Climate Expert on Security Holder Against Against
Board
Proposal 7: Board Quota for Security Holder Against Against
Women
Proposal 8: Report on Security Holder Against Against
Compensation for Women
Proposal 9: Report on Security Holder Against Against
Lobbying
Proposal 10: Greenhouse Gas Security Holder Against Against
Emissions Goals
Proposal 11: Report on Security Holder Against Against
Hydraulic Fracturing
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- ----------------------------- ---------------- --------- -------
General Electric Co. GE 369604103 04/22/15 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. Susan J. Hockfield
7. Jeffrey R. Immelt
8. Andrea Jung
9. Robert W. Lane
10. Rochelle B. Lazarus
11. James J. Mulva
12. James E. Rohr
13. Mary L. Schapiro
14. Robert J. Swieringa
15. James S. Tisch
16. Douglas A. Warner III
Proposal B1: Advisory Issuer No vote For
Approval of Our Named
Executives' Compensation
Proposal B2: Ratification of Issuer No vote For
KPMG as Independent Auditor
for 2015
Proposal C1: Cumulative Security Holder No vote Against
Voting
Proposal C2: Written Consent Security Holder No vote Against
Proposal C3: One Director Security Holder No vote Against
from Ranks of Retirees
Proposal C4: Holy Land Security Holder No vote Against
Principles
Proposal C5: Limit Equity Security Holder No vote Against
Vesting upon Change in
Control
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- -------------------------------- ---------------- --------- -------
Intel Corp. INTC 458140100 05/21/15 Proposal 1: Election of Issuer For All For
Directors
1a. Charlene Barshefsky
1b. Aneel Bhusri
1c. Andy D. Bryant
1d. Susan L. Decker
1e. John J. Donahoe
1f. Reed E. Hundt
1g. Brian M. Krzanich
1h. James D. Plummer
1i. David S. Pottruck
1j. Frank D. Yeary
1k. David B. Yoffie
Proposal 2: Ratification of Issuer For For
selection of Ernst & Young
LLP as our independent
registered public accounting
firm for 2015
Proposal 3: Advisory vote to Issuer For For
approve executive
compensation
Proposal 4: Approval of Issuer For For
amendment and exentsion of
the 2006 Equity Incentive Plan
Proposal 5: Approval of Issuer For For
extension of the 2006 Stock
Purchase Plan
Proposal 6: Stockholder Security Holder Against Against
proposal entitled "Holy Land
Principles"
Proposal 7: Stockholder Security Holder Against Against
proposal on whether the
Chairman of the Board should
be an independent director
Proposal 8: Stockholder Security Holder Against Against
proposal on whether to adopt an
alternative vote counting
standard
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- ------------------------------- ---------------- --------- -------
Johnson & Johnson JNJ 478160104 04/23/15 Proposal 1: Election of Issuer For All For
Directors
1a. Mary Sue Coleman
1b. D. Scott Davis
1c. Ian E.L. Davis
1d. Alex Gorsky
1e. Susan L. Lindquist
1f. Mark B. McClellan
1g. Anne M. Mulcahy
1h. William D. Perez
1i. Charles Prince
1j. A. Eugene Washington
1k. Ronald A. Williams
Proposal 2: Advisory Vote to Issuer For For
Approve Named Executive
Officer Compensation
Proposal 3: Ratification of Issuer For For
Appointment of Independent
Registered Public Accounting
Firm for 2015
Proposal 4: Shareholder Security Holder Against Against
Proposal - Common Sense
Policy regarding Overextended
Directors
Proposal 5: Shareholder Security Holder Against Against
Proposal - Alignment between
Corporate Values and Political
Contributions
Proposal 6: Shareholder Security Holder Against Against
Proposal - Independent Board
Chairman
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- -------------------------------- ---------------- --------- -------
JPMorgan Chase & Co. JPM 46625H100 05/19/15 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: Approval of Issuer For For
Amendment to Long-Term
Incentive Plan
Proposal 5: Independent board Security Holder Against Against
chairman - require an
independent Chair
Proposal 6: Lobbying - report Security Holder Against Against
on policies, procedures and
expenditures
Proposal 7: Special shareowner Security Holder Against Against
meeting - reduce ownership
threshold from 20% to 10%
Proposal 8: How votes are Security Holder Against Against
counted - count votes using
only for and against
Proposal 9: Accelerated Security Holder Against Against
vesting provisions - report
names of senior executives and
value of equity awards that
would vest if they resign to
enter government services
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ --------- ------- ------------------------------ ---------------- --------- -------
Proposal 10: Clawback Security Holder Against Against
disclosure policy - disclose
whether the Firm recouped any
incentive compensation from
senior executives
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- ------------------------------- ---------------- --------- -------
Microsoft Corp. MSFT 594918104 12/03/14 Proposal 1: Election of Issuer For All For
Directors
1. William H. Gates III
2. Maria M. Klawe
3. Teri L. List-Stoll
4. G. Mason Morlit
5. Satya Nadella
6. Charles H. Noski
7. Helmut Panke
8. Charles W. Scharl
9. John W. Stanton
10. John W. Thompson
Proposal 2: Advisory vote on Issuer For For
executive compensation
Proposal 3: Ratification of Issuer For For
Deloitte & Touche LLP as our
independent auditor for fiscal
year 2015
Proposal 4: Shareholder Security Holder Against Against
Proposal - Proxy access for
shareholders
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- -------------------------------- ---------------- --------- -------
PepsiCo, Inc. PEP 713448108 05/06/15 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. Richard W. Fisher
1g. Alberto Ibarguen
1h. William R. Johnson
1i. Indra K. Nooyi
1j. David C. Page
1k. Robert C. Pohlad
1l. Lloyd G. Trotter
1m. Daniel Vasella
1n. Alberto Weisser
Proposal 2: Ratification of the Issuer For For
appointment of KPMG LLP as
the Company's independent
registered public accountants
for fiscal year 2015
Proposal 3: Advisory approval Issuer For For
of the Company's executive
compensation.
Proposal 4: Establish board Security Holder Against Against
committee on sustainability
Proposal 5: Policy regarding Security Holder Against Against
limit on accelerated vesting of
equity awards
Proposal 6: Report on Security Holder Against Against
minimizing impacts of neonics
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- -------------------------------- ----------- --------- -----
Schlumberger, Ltd. SLB 806857108 04/08/15 Proposal 1: Election of Issuer For All For
Directors
1a. Peter L.S. Currie
1b. K. Vaman Kamath
1c. V. Maureen Kempston
Darkes
1d. Paal Kibsgaard
1e. Nikolay Kudryavtsev
1f. Michael E. Marks
1g. Indra K. Nooyi
1h. Lubna S. Olayan
1i. Leo Rafael Reif
1j. Tore I. Sandvold
1k. Henri Seydoux
Proposal 2: To approve, on an Issuer For For
advisory basis, the Company's
executive compensation.
Proposal 3: To approve the Issuer For For
Company's 2014 financial
statements and the Board's
2014 declarations of dividends.
Proposal 4: To approve the Issuer For For
appointment of
PricewaterhouseCoopers LLP
as the Company's independent
registered public accounting
firm for 2015.
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- -------------------------------- ---------------- --------- -------
The Chubb Corporation CB 171232101 04/28/15 Proposal 1: Election of Issuer For All 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: Ratification of the Issuer For For
appointment of Ernst & Young
LLP as independent auditor.
Proposal 3: Advisory vote on Issuer For For
the compensation paid to our
named executive officers.
Proposal 4: Shareholder Security Holder Against Against
proposal regarding the
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 05/21/15 Proposal 1: Election of Issuer No vote For
Directors
1a. Ari Bousbib
1b. Gregory D. Brenneman
1c. J. Frank Brown
1d. Albert P. Carey
1e. Armando Codina
1f. Helena B. Foulkes
1g. Wayne M. Hewett
1h. Karen L. Katen
1i. Craig A. Menear
1j. Mark Vadon
Proposal 2: Ratification of the Issuer No vote For
Appointment of KPMG LLP
Proposal 3: Advisory Vote to Issuer No vote For
Approve Executive
Compensation
Proposal 4: Shareholder Security Holder No vote Against
Proposal Regarding
Independent Chairman of the
Board
Proposal 5: Shareholder Security Holder No vote Against
Proposal Regarding Special
Shareholder Meetings
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- --------------------------------- ---------------- --------- -------
The Walt Disney Company DIS 254687106 03/12/15 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 For For
appointment of
PricewaterhouseCoopers LLP
as the Company's registered
public accountants for 2015.
Proposal 3: To approve the Issuer For For
advisory resolution on
executive compensation.
Proposal 4: To approve the Security Holder Against Against
shareholder proposal relating to
independent Board chairman.
Proposal 5: To approve the Security Holder Against Against
shareholder proposal relating to
acceleration of executive pay.
Ticker Meeting Mgmt.
Issuer Symbol Cusip No. Date Ballot Issue Proposed by Vote Cast Rec.
------ ------ ---------- -------- ------------------------------- ---------------- --------- -------
Wal-Mart Stores, Inc. WMT 931142103 06/05/15 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. Michael T. Duke
1f. Timothy P. Flynn
1g. Thomas W. Horton
1h. Marissa A. Mayer
1i. C. Douglas McMillon
1j. Gregory B. Penner
1k. Steven S. Reinemund
1l. Kevin Y. Systrom
1m. Jim C. Walton
1n. S. Robson Walton
1o. Linda S. Wolf
Proposal 2: Ratification of Issuer For For
Ernst & Young LLP as
Independent Accountants
Proposal 3: Advisory Vote to Issuer For For
Approve Named Executive
Officer Compensation
Proposal 4: Approval of the Issuer For For
Wal-Mart Stores, Inc. Stock
Incentive Plan for 2015
Proposal 5: Request for Annual Security Holder Against Against
Report on Recoupment of
Executive Pay
Proposal 6: Proxy Access for Security Holder Against Against
Shareholders
Proposal 7: Report on Security Holder Against Against
Greenhouse Gas Emissions
from International Marine
Shipping
Proposal 8: Request for Annual Security Holder Against Against
Report Regarding Incentive
Compensations Plans
Proposal 9: Independent Security Holder Against Against
Chairman Policy
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
July 28, 2015