UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
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Investment Company Act file number 811-08191
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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, 2019
Date of reporting period: July 1, 2019 - June 30, 2020
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 information 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
7/1/2019-6/30/2020
===============================================================================
AAR Corporation
AIR
9/24/2019
-------------------------------------------------------------------------------
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
===============================================================================
Adobe Incorporated
ADBE
4/9/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-K:Directors Management Yes For For
2:2020 Employee Stock Purchase Plan Management Yes For For
3:Auditors Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
5:Gender/Racial Pay Gap Report Shareholder Yes Against For
===============================================================================
Amazon.com Inc.
AMZN
5/27/20
-------------------------------------------------------------------------------
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
4:Special Meeting Threshold Management Yes For For
5:Effects of Food Waste Report Shareholder Yes Against For
6:AWS & Ring Use Report Shareholder Yes Against For
7:Misuse of Rekognition System Report Shareholder Yes Against For
8:Effort to Restrict Offensive Products ReportShareholderYes Against For
9:Mandatory Independent Chair Shareholder Yes Against For
10:Gender Racial Pay Report Shareholder Yes Against For
11:Environmental Racism Report Shareholder Yes Against For
12:Viewpoint Discrimination Report Shareholder Yes Against For
13:Institutionalized Sexism Report Shareholder Yes Against For
14:Special Meeting Threshold Shareholder Yes Against For
15:Human Rights Impact Assessment Shareholder Yes Against For
16:Lobbying Disclosure Report Shareholder Yes Against For
===============================================================================
AT&T Inc.
T
4/24/2020
-------------------------------------------------------------------------------
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 Chair Shareholder Yes Against For
5:Employee Rep Director Shareholder Yes Against For
6:Guiding Principles of Exec Comp Shareholder Yes Against For
===============================================================================
Bristol-Myers Squibb Co.
BMY
5/5/2020
-------------------------------------------------------------------------------
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:Separate Chairman & CEO Shareholder Yes Against For
5:Right to Act by Written Consent Shareholder Yes Against For
===============================================================================
Cisco Systems, Inc.
CSCO
12/10/2019
-------------------------------------------------------------------------------
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:Independent Board Chairman Shareholder Yes Against For
===============================================================================
Corning Inc.
GLW
4/30/2020
-------------------------------------------------------------------------------
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
===============================================================================
Edwards Lifesciences
EW
5/7/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-H:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:2020 NE Directors Stock Incentive Program Management Yes For For
4:Stock Split Management Yes For For
5:Auditors Management Yes For For
6:Action by Written Consent Shareholder Yes Against For
===============================================================================
Expeditors International of Washington
EXPD
5/5/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.1-8:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:2017 Omnibus Incentive Plan Management Yes For For
4:Auditors Management Yes For For
5:Board & Management Diversity Shareholder Yes Against For
===============================================================================
Arthur J Gallagher & Co.
AJG
5/12/2020
-------------------------------------------------------------------------------
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
4:Diversity Search Policy Shareholder Yes Against For
===============================================================================
General Electric Co.
GE
5/5/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1-11:Directors Management Yes For For
12:Advisory Vote-Executive Comp Management Yes For For
13:Auditors Management Yes For For
14:Independent Chair Shareholder Yes Against For
===============================================================================
Intel Corp.
INTC
5/14/2020
-------------------------------------------------------------------------------
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
4:2006Employee Stock Purchase Plan Management Yes For For
5:Written Consent Shareholder Yes Against For
6:Gender Racial Pay Gap Report Shareholder Yes Against For
===============================================================================
Johnson & Johnson
JNJ
4/23/2020
-------------------------------------------------------------------------------
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
4:Amend Removal of Directors clause Management Yes For For
5:Independent Board Chair Shareholder Yes Against For
6:Opioids Related Risks Report Shareholder Yes Aginst For
===============================================================================
Medtronic plc
MDT
12/6/2019
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-L:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Renew Board's Authority to Issue Shares Management Yes For For
5:Renew Board's Authority to Opt Out of Preemption Rights ManagementYes For For
6:Authorize Overseas Share Purchases Management Yes For For
===============================================================================
Meridian Bioscience Inc.
VIVO
1/29/2020
-------------------------------------------------------------------------------
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
===============================================================================
Meritage Homes Corporation
MTH
5/21/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-F:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Microsoft Corp.
MSFT
12/04/2019
-------------------------------------------------------------------------------
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
4:Employee Rep on Board Shareholder Yes Against For
5:Gender Pay Gap Report Shareholder Yes Against For
=============================================================================
Mylan Inc.
MYL
Special Meeting
4/27/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1:Merger Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Stockholder Rights re Directors Management Yes For For
4:Special Meetings Stockholder Rights Management Yes For For
===============================================================================
Mylan Inc.
MYL
6/30/2020
-------------------------------------------------------------------------------
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:Dutch Annual Accounts Adoption Management Yes For For
4:Auditors Management Yes For For
5:Audit Instructions Management Yes For For
6:Share Repurchase Program Management Yes For For
7:Board Share Authorization Management Yes Against Against
1E:Merger Management Yes For For
2E:Advisory Vote-Executive Comp Management Yes For For
3E:Stockholder Rights re Directors Management Yes For For
4E:Special Meetings Stockholder Rights Management Yes For For
===============================================================================
Oracle Corp.
ORCL
11/19/2019
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-15:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
4:Pay Equity Report Shareholder Yes Against For
5:Independent Board Chairman Shareholder Yes Against For
===============================================================================
Paychex Inc.
PAYX
10/17/2019
-------------------------------------------------------------------------------
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
===============================================================================
Reliance Steel & Aluminum Co.
RS
5/20/2020
-------------------------------------------------------------------------------
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
4:2015 Incentive Plan Management Yes For For
5:Directors Equity Plan Management Yes For For
6:Proxy Access Shareholder Yes Against For
===============================================================================
TE Connectivity
TEL
3/11/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-m:Directors Management Yes For For
2:Chairman of the Board Management Yes For For
3a-d:Management Development&Compensation Committee Management Yes For For
4:Independent Proxy Management Yes For For
5.1-3:Financial Statement Approval Management 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:Max Aggregate Compensation-Mgt Management Yes For For
10:Max Aggregate Comp - Board Management Yes For For
11:Earnings Appropriation Management Yes For For
12:Dividend Payment Management Yes For For
13:Authorized Capital Program Management Yes Against Against
14:Reduction of Share Capital Management Yes For For
15:Postponements/Adjournments Management Yes For For
===============================================================================
Toll Brothers Inc.
TOL
3/10/20
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1:A-L:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Universal Corporation
UVV
8/28/2019
-------------------------------------------------------------------------------
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:Exec Officer Ann.Incentive Plan Management Yes For For
===============================================================================
Verizon Communications Inc.
VZ
5/7/2020
-------------------------------------------------------------------------------
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
4:Non Qual Savings Plan Earnings Shareholder Yes Against For
5:Special Shareholder Meetings Shareholder Yes Against For
6:Lobbying Activities Report Shareholder Yes Against For
7:User Privacy Metric Shareholder Yes Against For
8:Severance Approval Policy Shareholder Yes Against For
===============================================================================
Westinghouse Air Brake Technologies Corp
WAB
5/15/2020
-------------------------------------------------------------------------------
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
3:2011 Stock Incentive Plan Management Yes For For
4:Auditors Management Yes For For
===============================================================================
Western Digital Corporation
WDC
11/14/2019
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-H:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Performance Incentive Plan Management Yes For For
4:Auditors Management Yes For For
===============================================================================
Xperi Holding Corporation
XPER
Special Meeting
5/29/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1:Merger Management Yes For For
2:Adjournment Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
Zumiez Inc.
ZUMZ
6/3/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-D:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Bullfinch Fund, Inc. Greater Western New York Series
TICKER: BWNYX
PROXY VOTING RECORD
7/1/2019-6/30/2020
===============================================================================
Astronics Corp.
ATRO
5/21/2020
-------------------------------------------------------------------------------
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
===============================================================================
AT&T Inc.
T
4/24/2020
-------------------------------------------------------------------------------
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 Chair Shareholder Yes Against For
5:Employee Rep Director Shareholder Yes Against For
6:Guiding Principles of Exec Comp Shareholder Yes Against For
===============================================================================
Bristol-Myers Squibb Co.
BMY
5/5/2020
-------------------------------------------------------------------------------
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:Separate Chairman & CEO Shareholder Yes Against For
5:Right to Act by Written Consent Shareholder Yes Against For
===============================================================================
Columbus McKinnon Corp.
CMCO
7/22/2019
-------------------------------------------------------------------------------
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 System, Inc.
CBU
5/20/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1A-P:Directors Management Yes For For
2:Declassify Board Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Auditors Management Yes For For
===============================================================================
Computer Task Group Inc.
CTG
7/25/2019
-------------------------------------------------------------------------------
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
===============================================================================
Constellation Brands,Inc.
STZ
7/16/2019
-------------------------------------------------------------------------------
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 Inc.
GLW
4/30/2020
-------------------------------------------------------------------------------
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
===============================================================================
Ecology and Environment Inc.
EEI
7/24/2019
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.1-2:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Ecology and Environment Inc.
EEI
Special Meeting
11/20/2019
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1:Merger Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Adjournment Management Yes For For
===============================================================================
General Electric Co.
GE
5/5/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1-11:Directors Management Yes For For
12:Advisory Vote-Executive Comp Management Yes For For
13:Auditors Management Yes For For
14:Independent Chair Shareholder Yes Against For
===============================================================================
Genesee & Wyoming
GWR
Special Meeting
10/3/2019
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1:Merger Management Yes For For
2:Advisory Vote - Executive Comp Management Yes For For
3:Adjournment Management Yes For For
===============================================================================
Gibraltar Industries, Inc.
ROCK
5/6/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.A-I:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Graham Corp
GHM
8/7/2019
-------------------------------------------------------------------------------
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
===============================================================================
IEC Electronics Corp.
IEC
3/11/2020
-------------------------------------------------------------------------------
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
===============================================================================
Integer Holdings Corporation
ITGR
5/20/2020
-------------------------------------------------------------------------------
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
===============================================================================
Johnson & Johnson
JNJ
4/23/2020
-------------------------------------------------------------------------------
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
4:Amend Removal of Directors clause Management Yes For For
5:Independent Board Chair Shareholder Yes Against For
6:Opioids Related Risks Report Shareholder Yes Aginst For
===============================================================================
L3harris Technologies Inc.
LHX
10/25/2019
-------------------------------------------------------------------------------
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
===============================================================================
L3harris Technologies Inc.
LHX
4/24/2020
-------------------------------------------------------------------------------
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:Eliminate Supermajority & Fair Price Management Yes For For
5:Eliminate Anti Greenmail Provision Management Yes For For
6:Eliminate Cumulative Voting for 40% Shareholder Management Yes For For
7: Written Consent Shareholder Yes Against For
===============================================================================
Life Storage Inc.
LSI
5/28/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-08:Directors Management Yes For For
2:Auditors Management Yes For For
3:2020 Outside Dir. StockAwardPlan Management Yes For For
4:Advisory Vote-Executive Comp Management Yes For For
===============================================================================
M & T Bank Corp.
MTB
4/21/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-17:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
===============================================================================
Manning & Napier Inc.
MN
6/10/2020
-------------------------------------------------------------------------------
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
4:2020 Stock Incentive Plan Management Yes For For
===============================================================================
Monro Inc.
MNRO
8/13/2019
-------------------------------------------------------------------------------
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 Inc. Class A
MOGA
2/11/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-02:Directors Management Yes For For
2:Auditors Management Yes For For
===============================================================================
National Fuel Gas Co.
NFG
3/11/2020
-------------------------------------------------------------------------------
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:Board Declassification Shareholder Yes Against For
===============================================================================
Northrop Grumman Corp.
NOC
5/20/2020
-------------------------------------------------------------------------------
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:Human Rights Policy Report Shareholder Yes Against For
5:Written Consent Shareholder Yes Against For
===============================================================================
Oracle Corp.
ORCL
11/19/2019
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-15:Directors Management Yes For For
2:Advisory Vote-Executive Comp Management Yes For For
3:Auditors Management Yes For For
4:Pay Equity Report Shareholder Yes Against For
5:Independent Board Chairman Shareholder Yes Against For
===============================================================================
Paychex Inc.
PAYX
10/17/2019
-------------------------------------------------------------------------------
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 Inc.
SVT
5/13/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-05:Directors Management Yes For For
2:Auditors Management Yes For For
===============================================================================
Southwest Airlines Co.
LUV
5/21/2020
-------------------------------------------------------------------------------
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 Chair Shareholder Yes Against For
5:Written Consent Shareholder Yes Against For
6:Lobbying Activities Report Shareholder Yes Against For
===============================================================================
Taylor Devices Inc.
TAYD
11/1/2019
-------------------------------------------------------------------------------
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
===============================================================================
TE Connectivity
TEL
3/11/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1a-m:Directors Management Yes For For
2:Chairman of the Board Management Yes For For
3a-d:Management Development&Compensation Committee Management Yes For For
4:Independent Proxy Management Yes For For
5.1-3:Financial Statement Approval Management 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:Max Aggregate Compensation-Mgt Management Yes For For
10:Max Aggregate Comp - Board Management Yes For For
11:Earnings Appropriation Management Yes For For
12:Dividend Payment Management Yes For For
13:Authorized Capital Program Management Yes Against Against
14:Reduction of Share Capital Management Yes For For
15:Postponements/Adjournments Management Yes For For
=========================================================================
======
Ultralife Corporation
ULBI
7/24/2019
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.01-06:Directors Management Yes For For
2:Auditors Management Yes For For
===============================================================================
Verizon Communications, Inc.
VZ
5/7/2020
-------------------------------------------------------------------------------
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
4:Non Qual Savings Plan Earnings Shareholder Yes Against For
5:Special Shareholder Meetings Shareholder Yes Against For
6:Lobbying Activities Report Shareholder Yes Against For
7:User Privacy Metric Shareholder Yes Against For
8:Severance Approval Policy Shareholder Yes Against For
===============================================================================
Westinghouse Air Brake Technologies Corp
WAB
5/15/2020
-------------------------------------------------------------------------------
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
3:2011 Stock Incentive Plan Management Yes For For
4:Auditors Management Yes For For
===============================================================================
Xerox Holdings Corporation
XRX
5/21/2020
-------------------------------------------------------------------------------
Vote For/Against
# Proposal Sponsor Voted Cast Management
1.1-7:Directors Management Yes For For
2:Auditors Management Yes For For
3:Advisory Vote-Executive Comp Management Yes For For
4:Performance Incentive Plan 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
undersigned, thereunto duly authorized.
/s/ Christopher Carosa
--------------------
Christopher Carosa
President
August 17, 2020