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, 2016
Date of reporting period: July 1, 2016 - June 30, 2017
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
7/1/2016-6/30/2017
===============================================================================
AAR Corporation
AIR
10/11/2016
-------------------------------------------------------------------------------
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:Amend 2013 Stock Plan Management Yes For For
4:Auditors Management Yes For For
===============================================================================
Adobe Systems Incorporated
ADBE
4/12/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-J:Directors Management Yes For For
2:2003 Equity Incentive Plan Management Yes For For
3:Auditors Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
5:Advisory Vote - Frequency Management Yes 3 Years Against
===============================================================================
Amazon.com
AMZN
5/23/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-j:Directors Management Yes Abstain
2:Auditors Management Yes Abstain
3:Advisory Vote-Executive Comp Management Yes Abstain
4:Advisory Vote - Frequency Management Yes Abstain
5:1997 Equity Incentive Plan Management Yes Abstain
6:Background Checks Report Shareholder Yes Abstain
7:SustainabilityAsPerformanceMeasureShareholder Yes Abstain
8:Shareholder ProposalVoteCountingShareholder Yes Abstain
===============================================================================
AT&T Inc.
T
4/28/2017
-------------------------------------------------------------------------------
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:Advisory Vote - Frequency Management Yes 3 years Against
5:Political Spending Report Shareholder Yes Against For
6:Lobbying Report Shareholder Yes Against For
7:Proxy Access Requirements Shareholder Yes Against For
8:Written Consent Vote Reduction Shareholder Yes Against For
===============================================================================
Bristol-Myers Squibb
BMY
5/2/2017
-------------------------------------------------------------------------------
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:Advisory Vote - Frequency Management Yes 3 years Against
4:Performance Based Awards Management Yes For For
5:2012 Stock Award&Incentive Plan Management Yes For For
6:Auditors Management Yes For For
7:Special Meetings Shareholder Yes Against For
===============================================================================
Canon
CAJ
3/30/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1:Dividend from Surplus Management Yes For For
2.01-07:Directors Management Yes For For
3:Outside Audit Board Member Management Yes For For
4:Director Bonus Management Yes For For
===============================================================================
Cisco
CSCO
12/12/2016
-------------------------------------------------------------------------------
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:Lobbying Report Shareholder Yes Against For
5:Employment Data Israel PalestineShareholder Yes Against For
6:Policies with Israel's SettlementsShareholder Yes Against For
===============================================================================
Corning
GLW
4/27/2017
-------------------------------------------------------------------------------
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:Advisory Vote - Frequency Management Yes 3 years Against
4:Auditors Management Yes For For
5:2012 Long Term Incentive Plan Management Yes For For
===============================================================================
Cree Inc.
CREE
10/25/2016
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-08:Directors Management Yes For For
2:Amend Long Term Incentive Plan Management Yes For For
3:Auditors Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Edwards Lifesciences
EXPD
5/11/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-h:Directors Management Yes For For
2:Advisory Vote-Frequency Management Yes 3 years Against
3:Advisory Vote-Executive Comp Management Yes For For
4:Long Term Stock Incentive Plan Management Yes For For
5:US Employee Stock Purchase Plan Management Yes For For
6:Auditors Management Yes For For
===============================================================================
Expeditors Int'l of Washington
EXPD
5/2/2017
-------------------------------------------------------------------------------
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:Advisory Vote-Frequency Management Yes 3 years Against
4:2017 Omnibus Incentive Plan Management Yes For For
5:Auditors Management Yes For For
6:Link Exec Comp To SustainabilityShareholder Yes Against For
===============================================================================
Fastenal
FAST
4/25/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-J:Directors Management Yes For For
2:Auditors Management Yes For For
3:Company Incentive Plan Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
5:Advisory Vote - Frequency Management Yes 3 years Against
===============================================================================
Fred's
FRED
6/15/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-09: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 years Against
5:Long Term Incentive Plan Management Yes For For
===============================================================================
Gallagher, AJ
AJG
5/16/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-J:Directors Management Yes For For
2:Long Term Incentive Plan Management Yes For For
3:Auditors Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
5:Advisory Vote - Frequency Management Yes 3 years Against
===============================================================================
General Electric
GE
4/26/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
A1-18:Directors Management Yes For For
B1:Advisory Vote-Executive Comp Management Yes For For
B2:Advisory Vote - Frequency Management Yes 3 years Against
B3:Long Term Incentive Plan Management Yes For For
B4:Sr. Officer Performance Goals Management Yes For For
B5:Auditors Management Yes For For
C1:Lobbying Report Shareholder Yes Against For
C2:Independent Chair Shareholder Yes Against For
C3:Cumulative Voting Shareholder Yes Against For
C4:Charitable ContributionsReport Shareholder Yes Against For
===============================================================================
Intel
INTC
5/18/2017
-------------------------------------------------------------------------------
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
4:2006 Equity Incentive Plan Management Yes For For
5:Advisory Vote - Frequency Management Yes 3 years Against
6:Political Contributions Report Shareholder Yes Against For
7:Shareholder ProposalVoteCountingShareholder Yes Against For
===============================================================================
Johnson & Johnson
JNJ
4/27/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-j:Directors Management Yes For For
2:Advisory Vote-Frequency Management Yes 3 years Against
3:Advisory Vote-Executive Comp Management Yes For For
4:Long Term Incentive Plan Goals Management Yes For For
5:Auditors Management Yes For For
6:Independent Board Chairman Shareholder Yes Against For
===============================================================================
Mattel, Inc.
MAT
5/19/2017
-------------------------------------------------------------------------------
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:Advisory Vote - Frequency Management Yes 3 years Against
5:Incentive Plan Management Yes For For
===============================================================================
Medtronic
MDT
12/9/2016
-------------------------------------------------------------------------------
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:Proxy Access Management Yes For For
5a:Articles of Assoc.Admin.ChangesManagement Yes For For
5b:Memo of Assoc. Admin. Changes Management Yes For For
6:Board Size Authority Management Yes For For
===============================================================================
Meridian Bioscience
VIVO
1/25/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-06:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
4:2012 Stock Incentive Plan Management Yes For For
===============================================================================
Microsoft
MSFT
11/30/2016
-------------------------------------------------------------------------------
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
4:Amend Articles of Incorporation Management Yes For For
5:French Sub Stock Plan Management Yes For For
6:Proxy Access Shareholder Yes Against For
=============================================================================
Mylan
MYL
6/22/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-k:Directors Management Yes For For
2:Dutch Annual Accounts Adoption Management Yes For For
3:Auditors Management Yes For For
4:Audit Instructions Management Yes For For
5:Advisory Vote-Executive Comp Management Yes For For
6:Advisory Vote - Frequency Management Yes 3 years Against
7:Share Repurchase Program Management Yes For For
===============================================================================
Oracle
ORCL
11/16/2016
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-13:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
4:Lobbying Report Shareholder Yes Against For
===============================================================================
Paychex
PAYX
10/12/2016
-------------------------------------------------------------------------------
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
===============================================================================
Synopsis
SNPS
4/6/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-10:Directors Management Yes For For
2:Employee Equity Incentive Plan Management Yes For For
3:Non-Emp Director Equity Inc.PlanManagement Yes For For
4:Advisory Vote-Frequency Management Yes 3 years Against
5:Advisory Vote-Executive Comp Management Yes For For
6:Auditors Management Yes For For
===============================================================================
TE Connectivity
TEL
3/8/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-l: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:Advisory Vote - Frequency Management Yes 3 years Against
10:2007 Stock & Incentive Plan Management Yes For For
11:Max Aggregate Compensation-Mgt Management Yes For For
12:Max Aggregate Comp - Board Management Yes For For
13:Earnings Appropriation Management Yes For For
14:Dividend Payment Management Yes For For
15:Share Repurchase Program Management Yes For For
16:Reduction of Share Capital Management Yes Against Against
17:Postponements/Adjournments Management Yes For For
===============================================================================
Total SA
TOT
5/26/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1-2:Company Statements Management Yes For For
3:Dividend & Earning Allocations Management Yes For For
4:Dividend Payment Options Management Yes For For
5:Board Trade Authorization Management Yes For For
6-9:Directors Management Yes For For
10:French CommercialCodeAgreements Management Yes For For
11-12:Advisory Vote on ExecutiveCompManagement Yes For For
13:Share Capital Reduction Management Yes For For
===============================================================================
Universal Corporation
UVV
8/4/2016
-------------------------------------------------------------------------------
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
4:Human Rights Violations Shareholder Yes Against For
===============================================================================
Verizon
VZ
5/4/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-lDirectors 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 years Against
5:Long Term Incentive Plan Management Yes For For
6:Human Rights Committee Shareholder Yes Against For
7:Greenhouse Gas Reduction TargetsShareholder Yes Against For
8:Special Shareholder Meetings Shareholder Yes Against For
9:Exec. Comp. Clawback Policy Shareholder Yes Against For
10:Stock Retention Policy Shareholder Yes Against For
11:Exec. Matching Contributions Shareholder Yes Against For
===============================================================================
Xperi Corporation
XPER
4/27/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-G:Directors Management Yes For For
2:Performance Bonus Plan Management Yes For For
3:Int'lEmployeeStock PurchasePlan Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
5:Advisory Vote-Frequency Management Yes 3 years Against
6:Auditors Management Yes For For
===============================================================================
Zumiez
ZUMZ
5/31/2017
-------------------------------------------------------------------------------
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:Advisory Vote-Frequency Management Yes 3 years For
4:Auditors Management Yes For For
===============================================================================
Bullfinch Fund, Inc. Greater Western New York Series
TICKER: BWNYX
PROXY VOTING RECORD
7/1/2016-6/30/2017
===============================================================================
Astronics
ATRO
5/31/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-09: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
5:Advisory Vote - Frequency Management Yes 3 years For
===============================================================================
AT&T Inc.
T
4/28/2017
-------------------------------------------------------------------------------
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:Advisory Vote - Frequency Management Yes 3 years Against
5:Political Spending Report Shareholder Yes Against For
6:Lobbying Report Shareholder Yes Against For
7:Proxy Access Requirements Shareholder Yes Against For
8:Written Consent Vote Reduction Shareholder Yes Against For
===============================================================================
Bristol-Myers Squibb
BMY
5/2/2017
-------------------------------------------------------------------------------
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:Advisory Vote - Frequency Management Yes 3 years Against
4:Performance Based Awards Management Yes For For
5:2012 Stock Award&Incentive Plan Management Yes For For
6:Auditors Management Yes For For
7:Special Meetings Shareholder Yes Against For
===============================================================================
Columbus McKinnon
CMCO
7/18/2016
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-09:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Long Term Incentive Plan Management Yes For For
===============================================================================
Community Bank
CBU
5/17/2017
-------------------------------------------------------------------------------
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:Advisory Vote - Frequency Management Yes 3 years Against
4:Long Term Incentive Plan Management Yes For For
5:Auditors Management Yes For For
===============================================================================
Computer Task Group
CTGX
5/3/2017
-------------------------------------------------------------------------------
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:Advisory Vote-Frequency Management Yes 3 years Against
4:Auditors Management Yes For For
5:2010 Equity Award Plan Management Yes For For
===============================================================================
Conduent Incorporated
CNDT
5/25/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.1-9: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 years Against
5:Performance Incentive Plan Management Yes For For
===============================================================================
Constellation Brands
STZ
7/20/2016
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-10:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Corning
GLW
4/27/2017
-------------------------------------------------------------------------------
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:Advisory Vote - Frequency Management Yes 3 years Against
4:Auditors Management Yes For For
5:2012 Long Term Incentive Plan Management Yes For For
===============================================================================
Ecology And Environment
EEI
4/20/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-.02:Directors Management Yes For For
2:2016 Stock Award Plan Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Auditors Management Yes For For
===============================================================================
Fastenal
FAST
4/25/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-J:Directors Management Yes For For
2:Auditors Management Yes For For
3:Company Incentive Plan Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
5:Advisory Vote - Frequency Management Yes 3 years Against
===============================================================================
Frontier Communications
FTR
5/10/2017
-------------------------------------------------------------------------------
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:Advisory Vote - Frequency Management Yes 3 years Against
4:2017 Equity Incentive Plan Management Yes For For
5:Reverse Stock Split Management Yes For For
6:Auditors Management Yes For For
===============================================================================
General Electric
GE
4/26/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
A1-18:Directors Management Yes For For
B1:Advisory Vote-Executive Comp Management Yes For For
B2:Advisory Vote - Frequency Management Yes 3 years Against
B3:Long Term Incentive Plan Management Yes For For
B4:Sr. Officer Performance Goals Management Yes For For
B5:Auditors Management Yes For For
C1:Lobbying Report Shareholder Yes Against For
C2:Independent Chair Shareholder Yes Against For
C3:Cumulative Voting Shareholder Yes Against For
C4:Charitable ContributionsReport Shareholder Yes Against For
===============================================================================
Genesee & Wyoming
GWR
5/24/2017
-------------------------------------------------------------------------------
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:Advisory Vote - Frequency Management Yes 3 years Against
4:Auditors Management Yes For For
===============================================================================
Gibraltar
ROCK
5/5/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.1-6:Directors Management Yes For For
2:Advisory Vote - Frequency Management Yes 3 years Against
3:Advisory Vote-Executive Comp Management Yes For For
4:Special Performance Stock Unit Grant Management Yes For For
5:Annual Performance Stock Unit Grant Management Yes For For
6:2015 Equity Incentive Plan Management Yes For For
7:Auditors Management Yes For For
===============================================================================
Graham Corp
GHM
7/28/2016
-------------------------------------------------------------------------------
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:Amend Incentive Plan Management Yes For For
4:Auditors Management Yes For For
===============================================================================
Harris Corporation
HRS
10/28/2016
-------------------------------------------------------------------------------
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
===============================================================================
IEC Electronics
IECE
3/7/2017
-------------------------------------------------------------------------------
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
===============================================================================
Integer Holdings Corporation
ITGR
5/23/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-09:Directors Management Yes For For
2:Exec ShortTermIncentiveCompPlan Management Yes For For
3:Auditors Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
5:Advisory Vote - Frequency Management Yes 3 years Against
===============================================================================
Johnson & Johnson
JNJ
4/27/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-j:Directors Management Yes For For
2:Advisory Vote-Frequency Management Yes 3 years Against
3:Advisory Vote-Executive Comp Management Yes For For
4:Long Term Incentive Plan Goals Management Yes For For
5:Auditors Management Yes For For
6:Independent Board Chairman Shareholder Yes Against For
===============================================================================
Life Storage
LSI
5/18/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-06:Directors Management Yes For For
2:Amend Bylaws Management Yes For For
3:Auditors Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
5:Advisory Vote-Frequency Management Yes 3 Years Against
===============================================================================
M & T Bank
MTB
4/18/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-14:Directors Management Yes For For
2:Advisory Vote - Frequency Management Yes 3 years Against
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Mattel, Inc.
MAT
5/19/2017
-------------------------------------------------------------------------------
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:Advisory Vote - Frequency Management Yes 3 years Against
5:Incentive Plan Management Yes For For
===============================================================================
Manning & Napier Inc.
MN
6/14/2017
-------------------------------------------------------------------------------
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
===============================================================================
Monro Muffler
MNRO
8/9/2016
-------------------------------------------------------------------------------
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
===============================================================================
Moog
MOGA
2/15/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01:Director Management no
2:Employee Stock Purchase Plan Management no
3:Auditors Management no
===============================================================================
National Fuel Gas
NFG
3/9/2017
-------------------------------------------------------------------------------
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:Advisory Vote-Frequency Management Yes 3 Years For
4:At Risk Comp Incentive Plan Management Yes For For
5:Auditors Management Yes For For
===============================================================================
Northrop Grumman
NOC
5/17/2017
-------------------------------------------------------------------------------
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:Advisory Vote-Frequency Management Yes 3 Years Against
4:Auditors Management Yes For For
===============================================================================
Oracle
ORCL
11/16/2016
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-13:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
4:Lobbying Report Shareholder Yes Against For
===============================================================================
Paychex
PAYX
10/12/2016
-------------------------------------------------------------------------------
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
5/12/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-06:Directors Management Yes For For
2:Auditors Management Yes For For
===============================================================================
Southwest Airlines
LUV
5/17/2017
-------------------------------------------------------------------------------
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:Advisory Vote-Frequency Management Yes 3 Years Against
4:Auditors Management Yes For For
===============================================================================
Taylor Devices
TAYD
10/28/2016
-------------------------------------------------------------------------------
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 Years For
===============================================================================
TE Connectivity
TEL
3/8/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-l: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:Advisory Vote - Frequency Management Yes 3 years Against
10:2007 Stock & Incentive Plan Management Yes For For
11:Max Aggregate Compensation-Mgt Management Yes For For
12:Max Aggregate Comp - Board Management Yes For For
13:Earnings Appropriation Management Yes For For
14:Dividend Payment Management Yes For For
15:Share Repurchase Program Management Yes For For
16:Reduction of Share Capital Management Yes Against Against
17:Postponements/Adjournments Management Yes For For
=========================================================================
======
Verizon
VZ
5/4/2017
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-lDirectors 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 years Against
5:Long Term Incentive Plan Management Yes For For
6:Human Rights Committee Shareholder Yes Against For
7:Greenhouse Gas Reduction TargetsShareholder Yes Against For
8:Special Shareholder Meetings Shareholder Yes Against For
9:Exec. Comp. Clawback Policy Shareholder Yes Against For
10:Stock Retention Policy Shareholder Yes Against For
11:Exec. Matching Contributions Shareholder Yes Against For
===============================================================================
Xerox
XRX
5/23/2017
-------------------------------------------------------------------------------
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:Advisory Vote-Frequency Management Yes 3 years Against
5:Reverse Stock Split Management Yes For For
6:Holy Land Principles Shareholder Yes Against 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 24, 2017