N-PX 1 d384946dnpx.htm FAIRHOLME FUNDS INC. Fairholme Funds Inc.

 

 

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 811-09607

Fairholme Funds, Inc.

(Exact name of registrant as specified in charter)

4400 Biscayne Blvd., 9th Floor

Miami, FL 33137

(Address of principal executive offices) (Zip code)

Bruce R. Berkowitz

4400 Biscayne Blvd., 9th Floor

Miami, FL 33137

(Name and address of agent for service)

Registrant’s telephone number, including area code: 1-866-202-2263

Date of fiscal year end: November 30

Date of reporting period: July 1, 2011 – June 30, 2012

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 (§§ 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, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 

 

 

PROXY VOTING RECORD

FOR PERIOD JULY 1, 2011 TO JUNE 30, 2012

Proxy Voting Record

REGISTRANT NAME: FAIRHOLME FUNDS, INC.

INVESTMENT COMPANY ACT FILE NUMBER:  811-09607

REPORTING PERIOD: 07/01/2011-06/30/2012

REGISTRANT ADDRESS: 4400 Biscayne Boulevard 9th Floor, Miami, FL 33137

NAME OF SERIES (AS APPLICABLE):  THE FAIRHOLME FUND

The Fairholme Fund Proxy Voting Report

MBIA INC.

 

CUSIP    55262C100    Meeting Type    Annual
Ticker Symbol    MBI    Meeting Date    01-May-2012
ISIN    US55262C1009    Agenda    933569254 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1A.    ELECTION OF DIRECTOR: JOSEPH W. BROWN    Management    For    For
1B.    ELECTION OF DIRECTOR: DAVID A. COULTER    Management    For    For
1C.    ELECTION OF DIRECTOR: STEVEN J. GILBERT    Management    For    For
1D.    ELECTION OF DIRECTOR: DANIEL P. KEARNEY    Management    For    For
1E.    ELECTION OF DIRECTOR: KEWSONG LEE    Management    For    For
1F.    ELECTION OF DIRECTOR: CHARLES R. RINEHART    Management    For    For
1G.    ELECTION OF DIRECTOR: THEODORE SHASTA    Management    For    For
1H.    ELECTION OF DIRECTOR: RICHARD C. VAUGHAN    Management    For    For
2.    TO APPROVE, ON AN ADVISORY BASIS, EXECUTIVE COMPENSATION.    Management    For    For
3.    TO APPROVE THE COMPANY'S 2005 OMNIBUS INCENTIVE PLAN AS AMENDED THROUGH MARCH 2012.    Management    For    For
4.    TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP, CERTIFIED PUBLIC ACCOUNTANTS, AS INDEPENDENT AUDITORS FOR THE COMPANY FOR THE YEAR 2012.    Management    For    For

SEARS HOLDINGS CORPORATION

 

CUSIP    812350106    Meeting Type    Annual
Ticker Symbol    SHLD    Meeting Date    02-May-2012
ISIN    US8123501061    Agenda    933570752 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1.    DIRECTOR    Management      
  

1       LOUIS J. D'AMBROSIO

       For    For
  

2       WILLIAM C. KUNKLER, III

       For    For
  

3       EDWARD S. LAMPERT

       For    For
  

4       STEVEN T. MNUCHIN

       For    For
  

5       ANN N. REESE

       For    For
  

6       EMILY SCOTT

       For    For
  

7       THOMAS J. TISCH

       For    For
2.    ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.    Management    For    For
3.    APPROVE THE AMENDED AND RESTATED SEARS HOLDINGS CORPORATION UMBRELLA INCENTIVE PROGRAM.    Management    For    For
4.    RATIFY THE APPOINTMENT BY THE AUDIT COMMITTEE OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2012.    Management    For    For

BERKSHIRE HATHAWAY INC.

 

CUSIP    084670108    Meeting Type    Annual
Ticker Symbol    BRKA    Meeting Date    05-May-2012
ISIN    US0846701086    Agenda    933565092 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1.    DIRECTOR    Management      
  

1       WARREN E. BUFFETT

       For    For
  

2       CHARLES T. MUNGER

       For    For
  

3       HOWARD G. BUFFETT

       For    For
  

4       STEPHEN B. BURKE

       For    For
  

5       SUSAN L. DECKER

       For    For
  

6       WILLIAM H. GATES III

       For    For
  

7       DAVID S. GOTTESMAN

       For    For
  

8       CHARLOTTE GUYMAN

       For    For
  

9       DONALD R. KEOUGH

       For    For
  

10     THOMAS S. MURPHY

       For    For
  

11     RONALD L. OLSON

       For    For
  

12     WALTER SCOTT, JR.

       For    For
2.    SHAREHOLDER PROPOSAL REGARDING SUCCESSION PLANNING.    Shareholder    Against    For

AIA GROUP LTD

 

SEDOL    B4TX8S1 HK    Meeting Type    Annual General Meeting
Ticker Symbol    1299 HK    Meeting Date    08-May-2012
ISIN    HK0000069689    Agenda    703675681 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1    TO RECEIVE AND CONSIDER THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY, THE REPORT OF THE DIRECTORS AND THE INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 30 NOVEMBER 2011    Management    For    For
2    TO DECLARE A FINAL DIVIDEND OF 22 HONG KONG CENTS PER SHARE FOR THE YEAR ENDED 30 NOVEMBER 2011    Management    For    For
3    TO RE-ELECT MR. JACK CHAK-KWONG SO AS NON-EXECUTIVE DIRECTOR OF THE COMPANY    Management    For    For
4    TO RE-ELECT SIR CHUNG-KONG CHOW AS INDEPENDENT NON-EXECUTIVE DIRECTOR OF THE COMPANY    Management    For    For
5    TO RE-ELECT MR. JOHN BARRIE HARRISON AS INDEPENDENT NON-EXECUTIVE DIRECTOR OF THE COMPANY    Management    For    For
6    TO RE-APPOINT PRICEWATERHOUSECOOPERS AS AUDITOR OF THE COMPANY FOR THE TERM FROM PASSING OF THIS RESOLUTION UNTIL THE CONCLUSION OF THE NEXT ANNUAL GENERAL MEETING AND TO AUTHORISE THE BOARD OF DIRECTORS OF THE COMPANY TO FIX THEIR REMUNERATION    Management    For    For
7.A    TO GRANT A GENERAL MANDATE TO THE DIRECTORS TO ALLOT, ISSUE, GRANT AND DEAL WITH ADDITIONAL SHARES OF THE COMPANY, NOT EXCEEDING TEN PER CENT (10%) OF THE ISSUED SHARE CAPITAL OF THE COMPANY AT THE DATE OF THIS RESOLUTION, AND THE DISCOUNT FOR ANY SHARES TO BE ISSUED SHALL NOT EXCEED 15% TO THE BENCHMARKED PRICE    Management    For    For
7.B    TO GRANT A GENERAL MANDATE TO THE DIRECTORS TO REPURCHASE SHARES OF THE COMPANY, NOT EXCEEDING TEN PER CENT (10%) OF THE ISSUED SHARE CAPITAL OF THE COMPANY AT THE DATE OF THIS RESOLUTION    Management    For    For
7.C    CONDITIONAL ON THE PASSING OF RESOLUTIONS 7(A) AND 7(B), TO AUTHORISE THE DIRECTORS TO EXERCISE THE POWERS TO ALLOT, ISSUE, GRANT AND DEAL WITH ADDITIONAL SHARES OF THE COMPANY UNDER RESOLUTION 7(A), SUBJECT TO A DISCOUNT NOT EXCEEDING 15% TO THE BENCHMARKED PRICE IN RESPECT OF THE AGGREGATE NOMINAL AMOUNT OF THE SHARES REPURCHASED BY THE COMPANY    Management    For    For
7.D    TO GRANT A GENERAL MANDATE TO THE DIRECTORS TO ALLOT, ISSUE AND DEAL WITH ADDITIONAL SHARES OF THE COMPANY UNDER THE RESTRICTED SHARE UNIT SCHEME ADOPTED BY THE COMPANY ON 28 SEPTEMBER 2010    Management    For    For
8    TO APPROVE THE AMENDMENTS TO THE ARTICLES OF ASSOCIATION OF THE COMPANY    Management    For    For

BANK OF AMERICA CORPORATION

 

CUSIP    060505104    Meeting Type    Annual
Ticker Symbol    BAC    Meeting Date    09-May-2012
ISIN    US0605051046    Agenda    933571665 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1A.    ELECTION OF DIRECTOR: MUKESH D. AMBANI    Management    For    For
1B.    ELECTION OF DIRECTOR: SUSAN S. BIES    Management    For    For
1C.    ELECTION OF DIRECTOR: FRANK P. BRAMBLE, SR.    Management    For    For
1D.    ELECTION OF DIRECTOR: VIRGIS W. COLBERT    Management    For    For
1E.    ELECTION OF DIRECTOR: CHARLES K. GIFFORD    Management    For    For
1F.    ELECTION OF DIRECTOR: CHARLES O. HOLLIDAY, JR.    Management    For    For
1G.    ELECTION OF DIRECTOR: MONICA C. LOZANO    Management    For    For
1H.    ELECTION OF DIRECTOR: THOMAS J. MAY    Management    For    For
1I.    ELECTION OF DIRECTOR: BRIAN T. MOYNIHAN    Management    For    For
1J.    ELECTION OF DIRECTOR: DONALD E. POWELL    Management    For    For
1K.    ELECTION OF DIRECTOR: CHARLES O. ROSSOTTI    Management    For    For
1L.    ELECTION OF DIRECTOR: ROBERT W. SCULLY    Management    For    For
2.    AN ADVISORY (NON-BINDING) "SAY ON PAY" VOTE TO APPROVE EXECUTIVE COMPENSATION.    Management    For    For
3.    RATIFICATION OF THE APPOINTMENT OF THE REGISTERED INDEPENDENT PUBLIC ACCOUNTING FIRM FOR 2012.    Management    For    For
4.    STOCKHOLDER PROPOSAL - DISCLOSURE OF GOVERNMENT EMPLOYMENT.    Shareholder    Against    For
5.    STOCKHOLDER PROPOSAL - GRASSROOTS AND OTHER LOBBYING.    Shareholder    Against    For
6.    STOCKHOLDER PROPOSAL - EXECUTIVES TO RETAIN SIGNIFICANT STOCK.    Shareholder    For    Against
7.    STOCKHOLDER PROPOSAL - MORTGAGE SERVICING OPERATIONS.    Shareholder    Against    For
8.    STOCKHOLDER PROPOSAL - PROHIBITION ON POLITICAL SPENDING.    Shareholder    Against    For

CIT GROUP INC.

 

CUSIP    125581801    Meeting Type    Annual
Ticker Symbol    CIT    Meeting Date    15-May-2012
ISIN    US1255818015    Agenda    933586591 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1A.    ELECTION OF DIRECTOR: JOHN A. THAIN    Management    For    For
1B.    ELECTION OF DIRECTOR: MICHAEL J. EMBLER    Management    For    For
1C.    ELECTION OF DIRECTOR: WILLIAM M. FREEMAN    Management    For    For
1D.    ELECTION OF DIRECTOR: DAVID M. MOFFETT    Management    For    For
1E.    ELECTION OF DIRECTOR: R. BRAD OATES    Management    For    For
1F.    ELECTION OF DIRECTOR: MARIANNE MILLER PARRS    Management    For    For
1G.    ELECTION OF DIRECTOR: GERALD ROSENFELD    Management    For    For
1H.    ELECTION OF DIRECTOR: JOHN R. RYAN    Management    For    For
1I.    ELECTION OF DIRECTOR: SEYMOUR STERNBERG    Management    For    For
1J.    ELECTION OF DIRECTOR: PETER J. TOBIN    Management    For    For
1K.    ELECTION OF DIRECTOR: LAURA S. UNGER    Management    For    For
2.    TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS CIT'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM AND EXTERNAL AUDITORS FOR 2012.    Management    For    For
3.    ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.    Management    For    For

LEUCADIA NATIONAL CORPORATION

 

CUSIP    527288104    Meeting Type    Annual
Ticker Symbol    LUK    Meeting Date    15-May-2012
ISIN    US5272881047    Agenda    933607383 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1.    DIRECTOR    Management      
  

1       IAN M. CUMMING

       For    For
  

2       PAUL M. DOUGAN

       For    For
  

3       ALAN J. HIRSCHFIELD

       For    For
  

4       JAMES E. JORDAN

       For    For
  

5       JEFFREY C. KEIL

       For    For
  

6       J. CLYDE NICHOLS, III

       For    For
  

7       MICHAEL SORKIN

       For    For
  

8       JOSEPH S. STEINBERG

       For    For
2.    A NON-BINDING, ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION.    Management    For    For
3.    RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS OF THE COMPANY FOR 2012.    Management    For    For
4.    IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENT OF THE MEETING.    Management    For    For

AMERICAN INTERNATIONAL GROUP, INC.

 

CUSIP    026874784    Meeting Type    Annual
Ticker Symbol    AIG    Meeting Date    16-May-2012
ISIN    US0268747849    Agenda    933588901 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1A.    ELECTION OF DIRECTOR: ROBERT H. BENMOSCHE    Management    For    For
1B.    ELECTION OF DIRECTOR: W. DON CORNWELL    Management    For    For
1C.    ELECTION OF DIRECTOR: JOHN H. FITZPATRICK    Management    For    For
1D.    ELECTION OF DIRECTOR: LAURETTE T. KOELLNER    Management    For    For
1E.    ELECTION OF DIRECTOR: DONALD H. LAYTON    Management    For    For
1F.    ELECTION OF DIRECTOR: CHRISTOPHER S. LYNCH    Management    For    For
1G.    ELECTION OF DIRECTOR: ARTHUR C. MARTINEZ    Management    For    For
1H.    ELECTION OF DIRECTOR: GEORGE L. MILES, JR.    Management    For    For
1I.    ELECTION OF DIRECTOR: HENRY S. MILLER    Management    For    For
1J.    ELECTION OF DIRECTOR: ROBERT S. MILLER    Management    For    For
1K.    ELECTION OF DIRECTOR: SUZANNE NORA JOHNSON    Management    For    For
1L.    ELECTION OF DIRECTOR: RONALD A. RITTENMEYER    Management    For    For
1M.    ELECTION OF DIRECTOR: DOUGLAS M. STEENLAND    Management    For    For
2.    TO VOTE UPON A NON-BINDING SHAREHOLDER RESOLUTION TO APPROVE EXECUTIVE COMPENSATION.    Management    For    For
3.    TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS AIG'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2012.    Management    For    For

THE ST. JOE COMPANY

 

CUSIP    790148100    Meeting Type    Annual
Ticker Symbol    JOE    Meeting Date    17-May-2012
ISIN    US7901481009    Agenda    933589991 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1A.    ELECTION OF DIRECTOR: CESAR L. ALVAREZ    Management    For    For
1B.    ELECTION OF DIRECTOR: BRUCE R. BERKOWITZ    Management    For    For
1C.    ELECTION OF DIRECTOR: PARK BRADY    Management    For    For
1D.    ELECTION OF DIRECTOR: CHARLES J. CRIST, JR.    Management    For    For
1E.    ELECTION OF DIRECTOR: HOWARD S. FRANK    Management    For    For
1F.    ELECTION OF DIRECTOR: JEFFREY C. KEIL    Management    For    For
1G.    ELECTION OF DIRECTOR: STANLEY MARTIN    Management    For    For
1H.    ELECTION OF DIRECTOR: THOMAS P. MURPHY, JR.    Management    For    For
2.    RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2012 FISCAL YEAR.    Management    For    For
3.    APPROVE, ON AN ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.    Management    For    For

ORCHARD SUPPLY HARDWARE STORES CORP.

 

CUSIP    685691404    Meeting Type    Annual
Ticker Symbol    OSH    Meeting Date    21-Jun-2012
ISIN    US6856914048    Agenda    933622056 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1    DIRECTOR    Management      
  

1       MARK R. BAKER

       For    For
  

2       MARK A. BUSSARD

       For    For
  

3       WILLIAM C. CROWLEY

       For    For
  

4       KEVIN R. CZINGER

       For    For
  

5       SUSAN L. HEALY

       For    For
  

6       STEVEN L. MAHURIN

       For    For
  

7       KAREN M. ROSE

       For    For
  

8       BRYANT W. SCOTT

       For    For
2    PROPOSAL TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING FEBRUARY 2, 2013.    Management    For    For
3    TO VOTE ON A NON-BINDING ADVISORY RESOLUTION REGARDING EXECUTIVE COMPENSATION.    Management    For    For
4    TO VOTE ON HOW FREQUENTLY A NON-BINDING ADVISORY RESOLUTION REGARDING EXECUTIVE COMPENSATION WILL BE SUBMITTED TO STOCKHOLDERS IN THE FUTURE.    Management    3 Years    For

Proxy Voting Record

REGISTRANT NAME: FAIRHOLME FUNDS, INC.

INVESTMENT COMPANY ACT FILE NUMBER:   811-09607

REPORTING PERIOD: 07/01/2011 - 06/30/2012

REGISTRANT ADDRESS: 4400 Biscayne Boulevard 9th Floor, Miami, FL 33137

NAME OF SERIES (AS APPLICABLE):  THE FAIRHOLME FOCUSED INCOME FUND

The Fairholme Focused Income Fund Proxy Voting Report

No Proxies were voted for the Fairholme Focused Income Fund during the Period

Proxy Voting Record

REGISTRANT NAME: FAIRHOLME FUNDS, INC.

INVESTMENT COMPANY ACT FILE NUMBER:  811-09607

REPORTING PERIOD: 07/01/2011 - 06/30/2012

REGISTRANT ADDRESS: 4400 Biscayne Boulevard 9th Floor, Miami, FL 33137

NAME OF SERIES (AS APPLICABLE):  THE FAIRHOLME ALLOCATION FUND

The Fairholme Allocation Fund Proxy Voting Report

MBIA INC.

 

CUSIP    55262C100    Meeting Type    Annual
Ticker Symbol    MBI    Meeting Date    01-May-2012
ISIN    US55262C1009    Agenda    933569254 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1A.    ELECTION OF DIRECTOR: JOSEPH W. BROWN    Management    For    For
1B.    ELECTION OF DIRECTOR: DAVID A. COULTER    Management    For    For
1C.    ELECTION OF DIRECTOR: STEVEN J. GILBERT    Management    For    For
1D.    ELECTION OF DIRECTOR: DANIEL P. KEARNEY    Management    For    For
1E.    ELECTION OF DIRECTOR: KEWSONG LEE    Management    For    For
1F.    ELECTION OF DIRECTOR: CHARLES R. RINEHART    Management    For    For
1G.    ELECTION OF DIRECTOR: THEODORE SHASTA    Management    For    For
1H.    ELECTION OF DIRECTOR: RICHARD C. VAUGHAN    Management    For    For
2.    TO APPROVE, ON AN ADVISORY BASIS, EXECUTIVE COMPENSATION.    Management    For    For
3.    TO APPROVE THE COMPANY'S 2005 OMNIBUS INCENTIVE PLAN AS AMENDED THROUGH MARCH 2012.    Management    For    For
4.    TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP, CERTIFIED PUBLIC ACCOUNTANTS, AS INDEPENDENT AUDITORS FOR THE COMPANY FOR THE YEAR 2012.    Management    For    For

SEARS HOLDINGS CORPORATION

 

CUSIP    812350106    Meeting Type    Annual
Ticker Symbol    SHLD    Meeting Date    02-May-2012
ISIN    US8123501061    Agenda    933570752 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1.    DIRECTOR   

Management

      
  

1       LOUIS J. D'AMBROSIO

      

For

   

For

  

2       WILLIAM C. KUNKLER, III

      

For

   

For

  

3       EDWARD S. LAMPERT

      

For

   

For

  

4       STEVEN T. MNUCHIN

      

For

   

For

  

5       ANN N. REESE

      

For

   

For

  

6       EMILY SCOTT

      

For

   

For

  

7       THOMAS J. TISCH

      

For

   

For

2.    ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.   

Management

   

For

   

For

3.    APPROVE THE AMENDED AND RESTATED SEARS HOLDINGS CORPORATION UMBRELLA INCENTIVE PROGRAM.   

Management

   

For

   

For

4.    RATIFY THE APPOINTMENT BY THE AUDIT COMMITTEE OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2012.   

Management

   

For

   

For

JEFFERIES GROUP, INC.

 

CUSIP    472319102    Meeting Type    Annual
Ticker Symbol    JEF    Meeting Date    07-May-2012
ISIN    US4723191023    Agenda    933584054 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1.

   

DIRECTOR

   

Management

      
  

1       RICHARD B. HANDLER

      

For

   

For

  

2       BRIAN P. FRIEDMAN

      

For

   

For

  

3       W. PATRICK CAMPBELL

      

For

   

For

  

4       IAN M. CUMMING

      

For

   

For

  

5       RICHARD G. DOOLEY

      

For

   

For

  

6       ROBERT E. JOYAL

      

For

   

For

  

7       MICHAEL T. O'KANE

      

For

   

For

  

8       JOSEPH S. STEINBERG

      

For

   

For

2.

    RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.   

Management

   

For

   

For

CIT GROUP INC.

 

CUSIP    125581801    Meeting Type    Annual
Ticker Symbol    CIT    Meeting Date    15-May-2012
ISIN    US1255818015    Agenda    933586591 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against

Management

1A.    ELECTION OF DIRECTOR: JOHN A. THAIN   

Management

   

For

   

For

1B.    ELECTION OF DIRECTOR: MICHAEL J. EMBLER   

Management

   

For

   

For

1C.    ELECTION OF DIRECTOR: WILLIAM M. FREEMAN   

Management

   

For

   

For

1D.    ELECTION OF DIRECTOR: DAVID M. MOFFETT   

Management

   

For

   

For

1E.    ELECTION OF DIRECTOR: R. BRAD OATES   

Management

   

For

   

For

1F.    ELECTION OF DIRECTOR: MARIANNE MILLER PARRS   

Management

   

For

   

For

1G.    ELECTION OF DIRECTOR: GERALD ROSENFELD   

Management

   

For

   

For

1H.    ELECTION OF DIRECTOR: JOHN R. RYAN   

Management

   

For

   

For

1I.    ELECTION OF DIRECTOR: SEYMOUR STERNBERG   

Management

   

For

   

For

1J.    ELECTION OF DIRECTOR: PETER J. TOBIN   

Management

   

For

   

For

1K.    ELECTION OF DIRECTOR: LAURA S. UNGER   

Management

   

For

   

For

2.    TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS CIT'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM AND EXTERNAL AUDITORS FOR 2012.   

Management

   

For

   

For

3.    ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.   

Management

   

For

   

For

LEUCADIA NATIONAL CORPORATION

 

CUSIP    527288104    Meeting Type    Annual
Ticker Symbol    LUK    Meeting Date    15-May-2012
ISIN    US5272881047    Agenda    933607383 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1.    DIRECTOR   

Management

      
  

1       IAN M. CUMMING

      

For

   

For

  

2       PAUL M. DOUGAN

      

For

   

For

  

3       ALAN J. HIRSCHFIELD

      

For

   

For

  

4       JAMES E. JORDAN

      

For

   

For

  

5       JEFFREY C. KEIL

      

For

   

For

  

6       J. CLYDE NICHOLS, III

      

For

   

For

  

7       MICHAEL SORKIN

      

For

   

For

  

8       JOSEPH S. STEINBERG

      

For

   

For

2.    A NON-BINDING, ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION.   

Management

   

For

   

For

3.    RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS OF THE COMPANY FOR 2012.   

Management

   

For

   

For

4.    IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENT OF THE MEETING.   

Management

   

For

   

For

AMERICAN INTERNATIONAL GROUP, INC.

 

CUSIP    026874784    Meeting Type    Annual
Ticker Symbol    AIG    Meeting Date    16-May-2012
ISIN    US0268747849    Agenda    933588901 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1A.    ELECTION OF DIRECTOR: ROBERT H. BENMOSCHE   

Management

   

For

   

For

1B.    ELECTION OF DIRECTOR: W. DON CORNWELL   

Management

   

For

   

For

1C.    ELECTION OF DIRECTOR: JOHN H. FITZPATRICK   

Management

   

For

   

For

1D.    ELECTION OF DIRECTOR: LAURETTE T. KOELLNER   

Management

   

For

   

For

1E.    ELECTION OF DIRECTOR: DONALD H. LAYTON   

Management

   

For

   

For

1F.    ELECTION OF DIRECTOR: CHRISTOPHER S. LYNCH   

Management

   

For

   

For

1G.    ELECTION OF DIRECTOR: ARTHUR C. MARTINEZ   

Management

   

For

   

For

1H.    ELECTION OF DIRECTOR: GEORGE L. MILES, JR.   

Management

   

For

   

For

1I.    ELECTION OF DIRECTOR: HENRY S. MILLER   

Management

   

For

   

For

1J.    ELECTION OF DIRECTOR: ROBERT S. MILLER   

Management

   

For

   

For

1K.    ELECTION OF DIRECTOR: SUZANNE NORA JOHNSON   

Management

   

For

   

For

1L.    ELECTION OF DIRECTOR: RONALD A. RITTENMEYER   

Management

   

For

   

For

1M.    ELECTION OF DIRECTOR: DOUGLAS M. STEENLAND   

Management

   

For

   

For

2.    TO VOTE UPON A NON-BINDING SHAREHOLDER RESOLUTION TO APPROVE EXECUTIVE COMPENSATION.   

Management

   

For

   

For

3.    TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS AIG'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2012.   

Management

   

For

   

For

IMPERIAL METALS CORPORATION

 

CUSIP    452892102    Meeting Type    Annual
Ticker Symbol    III.CN    Meeting Date    30-May-2012
ISIN    CA4528921022    Agenda    933636005 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

01    TO SET THE NUMBER OF DIRECTORS AT FIVE.   

Management

   

For

   

For

02    DIRECTOR   

Management

      
  

1       PIERRE LEBEL

      

For

   

For

  

2       J. BRIAN KYNOCH

      

For

   

For

  

3       LARRY G. MOELLER

      

For

   

For

  

4       THEODORE W. MURARO

      

For

   

For

  

5       EDWARD A. YURKOWSKI

      

For

   

For

03    APPOINTMENT OF DELOITTE & TOUCHE LLP AS AUDITORS OF THE COMPANY FOR THE ENSUING YEAR.   

Management

   

For

   

For

ORCHARD SUPPLY HARDWARE STORES CORP.

 

CUSIP    685691404    Meeting Type    Annual
Ticker Symbol    OSH    Meeting Date    21-Jun-2012
ISIN    US6856914048    Agenda    933622056 - Management

 

Item

   

Proposal

   

Type

   

Vote

   

For/Against
Management

1    DIRECTOR   

Management

      
  

1       MARK R. BAKER

      

For

   

For

  

2       MARK A. BUSSARD

      

For

   

For

  

3       WILLIAM C. CROWLEY

      

For

   

For

  

4       KEVIN R. CZINGER

      

For

   

For

  

5       SUSAN L. HEALY

      

For

   

For

  

6       STEVEN L. MAHURIN

      

For

   

For

  

7       KAREN M. ROSE

      

For

   

For

  

8       BRYANT W. SCOTT

      

For

   

For

2    PROPOSAL TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING FEBRUARY 2, 2013.   

Management

   

For

   

For

3    TO VOTE ON A NON-BINDING ADVISORY RESOLUTION REGARDING EXECUTIVE COMPENSATION.   

Management

   

For

   

For

4    TO VOTE ON HOW FREQUENTLY A NON-BINDING ADVISORY RESOLUTION REGARDING EXECUTIVE COMPENSATION WILL BE SUBMITTED TO STOCKHOLDERS IN THE FUTURE.   

Management

   

3 Years

   

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.

 

Registrant  

        Fairholme Funds, Inc.

   
By (Signature and Title)*  

 

   
   

Bruce R. Berkowitz, President

   
   

(principal executive officer)

   
Date  

         

   

 

* Print the name and title of each signing officer under his or her signature.