N-PX 1 dnpx.htm FORM N-PX FORM N-PX

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF

REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-01525

ALLSTATE ASSURANCE COMPANY

SEPARATE ACCOUNT B

(Exact name of Registrant as specified in charter)

3100 Sanders Road, Suite J5B

Northbrook, IL 60062

(Address of principal executive offices) (Zip code)

Director of Illinois

Department of Insurance

320 West Washington Street

Springfield, IL 62767

(Name and address of agent for service)

Registrant’s telephone number, including area code: (847) 402-5000

Date of fiscal year end: December 31

Date of reporting period: July 1, 2010 – June 30, 2011

Item 1.  Proxy Voting Record.

Appended hereto as Exhibit A is the following information indicating for each matter relating to a portfolio security owned by the Registrant considered at any shareholder meeting held during the twelve month period ended June 30, 2011 and with respect to which the Registrant was entitled to vote:

 

(a)

The name of the issuer of the portfolio security;

 

(b)

The exchange ticker symbol of the portfolio security;

 

(c)

The Council on Uniform Securities Identification Procedures (“CUSIP”) number for the portfolio security;

 

(d)

The shareholder meeting date;

 

(e)

A brief identification of the matter voted on;

 

(f)

Whether the matter was proposed by the issuer or by a security holder;

 

(g)

Whether the Registrant cast its vote on the matter;

 

(h)

How the Registrant cast its vote (e.g., for or against proposal, or abstain; for or withhold regarding election of directors); and

 

(i)

Whether the Registrant cast its vote for or against management.

 

2

Exhibit A

PROXY VOTING RECORD

 

Issuer:         American Express Company

               

Ticker Symbol:

   

AXP

   

CUSIP:

   

025816109

   

Meeting Date:

   

05/02/2011

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      D.F. Akerson
2)      C. Barshefsky
3)      U.M. Burns
4)      K.I. Chenault
5)      P. Chernin
6)      T.J. Leonsis
7)      J. Leschly
8)      R.C. Levin
9)      R.A. McGinn
10)   E.D. Miller
11)   S.S. Reinemund
12)   R.D. Walter
13)   R.A. Williams

    For    For    Management
2   

Ratification of appointment of
PricewaterhouseCoopers LLP as independent
registered public accounting firm for 2011

    For    For    Management
3   

Advisory vote on executive compensation

    For    For    Management
4   

Advisory vote on frequency of advisory executive
compensation vote

    1 Year    1 Year    Management
5   

Cumulative voting for directors

    Against    Against    Shareholder
6   

Calling of special shareholder meetings

    Against    Against    Shareholder

 

3

Exhibit A

PROXY VOTING RECORD

 

Issuer:         Becton, Dickinson and Company

          

Ticker Symbol:

   

BDX

   

CUSIP:

   

075887109

   

Meeting Date:

   

02/01/2011

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      Basil L. Anderson
2)      Henry P. Becton, Jr.
3)      Edward F. Degraan
4)      C.M. Fraser-Liggett
5)      Christopher Jones
6)      Marshall O. Larsen
7)      Edward J. Ludwig
8)      Adel A.F. Mahmoud
9)      Gary A. Mecklenburg
10)   Cathy E. Minehan
11)   James F. Orr
12)   Willard J. Overlock, Jr.
13)   Bertram L. Scott
14)   Alfred Sommer

    For    For    Management
2   

Ratification of selection of independent registered
public accounting firm

    For    For    Management
3   

Advisory vote on the approval of executive
compensation

    For    For    Management
4   

Advisory vote on the frequency of executive
compensation advisory votes

    None    No Vote    Management
5   

Special shareholder meetings

    Against    Against    Shareholder
6   

Cumulative voting

    Against    Against    Shareholder

 

4

Exhibit A

PROXY VOTING RECORD

 

Issuer:         Chevron Corporation

          

Ticker Symbol:

   

CVX

   

CUSIP:

   

166764100

   

Meeting Date:

   

05/25/2011

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      L.F. Deily
2)      R.E. Denham
3)      R.J. Eaton
4)      C. Hagel
5)      E. Hernandez
6)      G.L. Kirkland
7)      D.B. Rice
8)      K.W. Sharer
9)      C.R. Shoemate
10)   J.G. Stumpf
11)   R.D. Sugar
12)   C. Ware
13)   J.S.Watson

    For    For    Management
2   

Ratification of independent registered public accounting firm

    For    For    Management
3   

Advisory vote on named executive officer compensation

    For    For    Management
4   

Advisory vote on the frequency of future advisory
votes on named executive officer compensation

    1 Year    1 Year    Management
5   

Independent director with environmental expertise

    Against    Against    Shareholder
6   

Human Rights Committee

    Against    Against    Shareholder
7   

Sustainability metric for executive compensation

    Against    Against    Shareholder
8   

Guidelines for country selection

    Against    Against    Shareholder
9   

Financial risks from climate change

    Against    Against    Shareholder
10   

Hydraulic fracturing

    Against    Against    Shareholder
11   

Offshore oil wells

    Against    Against    Shareholder

 

5

Exhibit A

PROXY VOTING RECORD

 

Issuer:         Cisco Systems, Inc.

          

Ticker Symbol:

   

CSCO

   

CUSIP:

   

17275R102

   

Meeting Date:

   

11/18/2010

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      Carol A. Bartz
2)      M. Michele Burns
3)      Michael D. Capellas
4)      Larry R. Carter
5)      John T. Chambers
6)      Brian L. Halla
7)      Dr. John L. Hennessy
8)      Richard M. Kovacevich
9)      Roderick C. McGeary
10)   Michael K. Powell
11)   Arun Sarin
12)   Steven M. West
13)   Jerry Yang

    For    For    Management
2   

Approve a non-binding advisory resolution regarding
executive compensation

    For    For    Management
3   

Ratify the appointment of PricewaterhouseCoopers LLP as
Cisco’s independent registered public accounting firm for the
fiscal year ending July 31, 2011

    For    For    Management
4   

Amend Cisco’s Bylaws to establish a board committee on
environmental sustainability

    Against    Against    Shareholder
5   

Publish a report to shareholders within six months providing a
summarized listing and assessment of concrete steps Cisco
could reasonably take to reduce the likelihood that its business
practices might enable or encourage the violation of human
rights, as set forth in the accompanying proxy statement

    Against    Against    Shareholder
6   

Adopt and implement a policy restricting certain sales in
China, adopt a related oversight and compliance system with
respect to human rights impacts and provide public disclosure
of Cisco’s sales to China and certain other governments, as set
forth in the accompanying proxy statement

    Against    Against    Shareholder

 

6

Exhibit A

PROXY VOTING RECORD

 

Issuer:         Davita Inc.

          

Ticker Symbol:

   

DVA

   

CUSIP:

   

23918K108

   

Meeting Date:

   

06/06/2011

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      Pamela M. Arway
2)      Charles G. Berg
3)      Willard W. Brittain, Jr.
4)      Carol Anthony (“John”) Davidson
5)      Paul J. Diaz
6)      Peter T. Grauer
7)      John M. Nehra
8)      William L. Roper
9)      Kent J. Thiry
10)   Roger J. Valine

    For    For    Management
2   

Approval of 2011 Incentive Award Plan

    For    For    Management
3   

Ratification of the appointment of KPMG LLP as independent
registered public accounting firm for fiscal year 2011

    For    For    Management
4   

Advisory vote on executive compensation

    For    For    Management
5   

Advisory vote on the frequency of future advisory votes on
executive compensation

    For    For    Management
6   

Shareholder action by written consent

    Against    Against    Shareholder

 

7

Exhibit A

PROXY VOTING RECORD

 

Issuer:         Dominion Resources, Inc.

          

Ticker Symbol:

   

D

   

CUSIP:

   

25746U109

   

Meeting Date:

   

05/12/2011

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      William P. Barr
2)      Peter W. Brown
3)      George A. Davidson, Jr.
4)      Helen E. Dragas
5)      Thomas F. Farrell, II
6)      John W. Harris
7)      Robert S. Jepson, Jr.
8)      Mark J. Kington
9)      Margaret A. McKenna
10)   Frank S. Royal
11)   Robert H. Spilman, Jr.
12)   David A. Wollard

    For    For    Management
2   

Ratification of appointment of the independent auditors for 2011

    For    For    Management
3   

Advisory vote on executive compensation (“Say On Pay”)

    For    For    Management
4   

Advisory vote on the frequency of the Say On Pay vote

    1 Year    1 Year    Management
5   

Report related to use of mountaintop removal coal mining

    Against    Against    Shareholder
6   

20% renewable electricity energy generation by 2024

    Against    Against    Shareholder
7   

Report on financial risks of continued reliance on coal

    Against    Against    Shareholder
8   

New nuclear construction

    Against    Against    Shareholder
9   

Policy for independent chairman of the board

    Against    Against    Shareholder
10   

Shareholder action by written consent

    Against    Against    Shareholder
11   

Executive supplemental retirement benefits

    Against    Against    Shareholder

 

8

Exhibit A

PROXY VOTING RECORD

 

Issuer:         Emerson Electric Co.

          

Ticker Symbol:

   

EMR

   

CUSIP:

   

291011104

   

Meeting Date:

   

02/01/2011

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      D.N. Farr
2)      H. Green
3)      C.A. Peters
4)      J.W. Prueher
5)      R.L. Ridgway

    For    For    Management
2   

Re-approval of the performance measures under the
Emerson Electric Co. 2006 Incentive Shares Plan

    For    For    Management
3   

Approval of the Emerson Electric Co. 2011 Stock
Option Plan

    For    For    Management
4   

Ratification of KPMG LLP as independent registered
public accounting firm

    For    For    Management
5   

Approval, by non-binding advisory vote, of Emerson
Electric Co. executive compensation

    For    For    Management
6   

Advisory vote on the frequency of executive
compensation advisory votes

    3 Years    2 Years    Management
7   

Approval of the shareholder proposal requesting the
issuance of a sustainability report as described in the
proxy statement

    Against    For    Shareholder

 

9

Exhibit A

PROXY VOTING RECORD

 

Issuer:         Exxon Mobil Corporation

          

Ticker Symbol:

   

XOM

   

CUSIP:

   

30231G102

   

Meeting Date:

   

05/25/2011

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      M.J. Boskin
2)      P. Brabeck-Letmathe
3)      L.R. Faulkner
4)      J.S. Fishman
5)      K.C. Frazier
6)      W.W. George
7)      M.C. Nelson
8)      S.J. Palmisano
9)      S.S. Reinemund
10)   R.W. Tillerson
11)   E.E. Whitacre, Jr.

    For    For    Management
2   

Ratification of independent auditors

    For    For    Management
3   

Advisory vote on executive compensation

    For    For    Management
4   

Frequency of advisory vote on executive compensation

    3 Years    1 Year    Management
5   

Independent chairman

    Against    Against    Shareholder
6   

Report on political contributions

    Against    Against    Shareholder
7   

Amendment of EEO Policy

    Against    Against    Shareholder
8   

Policy on water

    Against    Against    Shareholder
9   

Report on Canadian oil sands

    Against    Against    Shareholder
10   

Report on natural gas production

    Against    Against    Shareholder
11   

Report on energy technology

    Against    Against    Shareholder
12   

Greenhouse gas emissions goals

    Against    Against    Shareholder

 

10

Exhibit A

PROXY VOTING RECORD

 

Issuer:         General Electric Company

          

Ticker Symbol:

   

GE

   

CUSIP:

   

369604103

   

Meeting Date:

   

04/27/2011

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      W. Geoffrey Beattie
2)      James I. Cash, Jr.
3)      Ann M. Fudge
4)      Susan Hockfield
5)      Jeffrey R. Immelt
6)      Andrea Jung
7)      Alan G. (A.G.) Lafley
8)      Robert W. Lane
9)      Ralph S. Larsen
10)   Rochelle B. Lazarus
11)   James J. Mulva
12)   Sam Nunn
13)   Roger S. Penske
14)   Robert J. Swieringa
15)   James S. Tisch
16)   Douglas A. Warner, III

    For    For    Management
2   

Ratification of KPMG

    For    For    Management
3   

Advisory resolution on executive compensation

    For    For    Management
4   

Advisory vote on the frequency of future advisory
votes on executive compensation

    1 Year    1 Year    Management
5   

Cumulative Voting

    Against    Against    Shareholder
6   

Future stock options

    Against    Against    Shareholder
7   

Withdraw stock options granted to executives

    Against    Against    Shareholder
8   

Climate change risk disclosure

    Against    Against    Shareholder
9   

Transparency in animal research

    Against    Against    Shareholder

 

11

Exhibit A

PROXY VOTING RECORD

 

Issuer:         Intel Corporation

          

Ticker Symbol:

   

INTC

   

CUSIP:

   

458140100

   

Meeting Date:

   

05/19/2011

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      Charlene Barshefsky
2)      Susan L. Decker
3)      John H. Donahoe
4)      Reed E. Hundt
5)      Paul S. Otellini
6)      James D. Plummer
7)      David S. Pottruck
8)      Jane E. Shaw
9)      Frank D. Yeary
10)   David B. Yoffie

    For    For    Management
2   

Ratification of selection of Ernst & Young LLP as
independent registered public accounting firm for the
current year

    For    For    Management
3   

Amendment and extension of the 2006 Equity Incentive Plan

    For    For    Management
4   

Amendment and extension of the 2006 Stock Purchase Plan

    For    For    Management
5   

Advisory vote on executive compensation

    For    For    Management
6   

Advisory note on the frequency of holding future advisory
votes on executive compensation

    None    No Vote    Management

 

12

Exhibit A

PROXY VOTING RECORD

 

Issuer:         Johnson & Johnson

          

Ticker Symbol:

   

JNJ

   

CUSIP:

   

478160104

   

Meeting Date:

   

04/28/2011

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      Mary Sue Coleman
2)      James G. Cullen
3)      Ian E.L. Davis
4)      Michael M. E. Johns
5)      Susan L. Lindquist
6)      Anne M. Mulcahy
7)      Leo F. Mullin
8)      William D. Perez
9)      Charles Prince
10)   David Satcher
11)   William C. Weldon

    For    For    Management
2   

Ratification of appointment of PricewaterhouseCoopers LLP
as independent registered public accounting firm for 2011

    For    For    Management
3   

Advisory vote on named executive officer compensation

    For    For    Management
4   

Advisory vote on frequency of advisory vote on named
executive officer compensation

    1 Year    1 Year    Management
5   

Pharmaceutical price restraint

    Against    Against    Shareholder
6   

Amendment to Company’s Equal Employment
Opportunity Policy

    Against    Against    Shareholder
7   

Adopting non-animal methods for training

    Against    Against    Shareholder

 

13

Exhibit A

PROXY VOTING RECORD

 

Issuer:         Microsoft Corporation

          

Ticker Symbol:

   

MSFT

   

CUSIP:

   

594918104

   

Meeting Date:

   

11/16/2010

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      Steven A. Ballmer
2)      Dina Dublon
3)      William H. Gates, III 4) Raymond V. Gilmartin
5)      Reed Hastings
6)      Maria M. Klawe
7)      David F. Marquardt
8)      Charles H. Noski
9)      Helmut Panke

    For    For    Management
2   

Ratification of the selection of Deloitte & Touche LLP
as the Company’s independent auditor

    For    For    Management
3   

Establishment of board committee on environmental
sustainability

    Against    Against    Shareholder

 

14

Exhibit A

PROXY VOTING RECORD

 

Issuer:         Pepsico, Inc.

          

Ticker Symbol:

   

PEP

   

CUSIP:

   

713448108

   

Meeting Date:

   

05/04/2011

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      S.L. Brown
2)      I.M. Cook
3)      D. Dublon
4)      V.J. Dzau
5)      R.L. Hunt
6)      A. Ibarguen
7)      A.C. Martinez
8)      I.K. Nooyi
9)      S.P. Rockefeller
10)   J.J. Schiro
11)   L.G. Trotter
12)   D. Vasella

    For    For    Management
2   

Approval, by non-binding vote, of executive compensation

    For    For    Management
3   

Recommend, by non-binding vote, the frequency of
executive compensation votes

    For    For    Management
4   

Approval of independent registered public accountants
for fiscal year 2011

    For    For    Management
5   

Approval of Amendment to Articles of Incorporation to
implement majority voting for directors in uncontested elections

    For    For    Management
6   

Right to call special shareholder meetings

    Against    Against    Shareholder
7   

Political Contributions Report

    Against    Against    Shareholder

 

15

Exhibit A

PROXY VOTING RECORD

 

Issuer:         Stryker Corporation

          

Ticker Symbol:

   

SYK

   

CUSIP:

   

863667101

   

Meeting Date:

   

04/26/2011

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      Howard E. Cox, Jr.
2)      Srikant M. Datar, PH.D.
3)      Roch Doliveux, DVM
4)      Louise L. Francesconi
5)      Allan C. Golston
6)      Howard L. Lance
7)      Stephen P. MacMillan
8)      William U. Parfet
9)      Ronda E. Stryker

    For    For    Management
2   

Ratify the appointment of Ernst & Young LLP as
independent registered public accounting firm for 2011

    For    For    Management
3   

Approval of the 2011 Long-Term Incentive Plan

    For    For    Management
4   

Approval of the 2011 Performance Incentive Award Plan

    For    For    Management
5   

Approval, in an advisory vote, of the Company’s
executive compensation

    For    For    Management
6   

Recommendation, in an advisory vote, of the frequency of
future advisory votes on executive compensation

    1 Year    1 Year    Management
7   

Shareholder proposal, if properly presented at the meeting

    Against    Against    Shareholder

 

16

Exhibit A

PROXY VOTING RECORD

 

Issuer:         The Proctor & Gamble Company

          

Ticker Symbol:

   

PG

   

CUSIP:

   

742718109

   

Meeting Date:

   

10/2/2010

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      Angela F. Braly
2)      Kenneth I. Chenault
3)      Scott D. Cook
4)      Rajat K. Gupta
5)      Robert A. McDonald
6)      W. James McNerney, Jr.
7)      Johnathan A. Rodgers
8)      Mary A. Wilderotter
9)      Patricia A. Woertz
10)   Ernesto Zedillo

    For    For    Management
2   

Ratify appointment of the independent registered
public accounting firm

    For    For    Management
3   

Cumulative voting

    Against    Against    Shareholder

 

17

Exhibit A

PROXY VOTING RECORD

 

Issuer:         Wal-Mart Stores, Inc.

          

Ticker Symbol:

   

WMT

   

CUSIP:

   

931142103

   

Meeting Date:

   

06/03/2011

   

Meeting Type:

   

Annual

   

 

No.

    Proposal    Mgt. Rec.    Vote Cast    Sponsor
1   

Directors:
1)      Aida M. Alvarez
2)      James W. Breyer
3)      M. Michele Burns
4)      James I. Cash, Jr.
5)      Roger C. Corbett
6)      Douglas N. Daft
7)      Michael T. Duke
8)      Gregory B. Penner
9)      Steven S. Reinemund
10)   H. Lee Scott, Jr.
11)   Arne M. Sorenson
12)   Jim C. Walton
13)   S. Robson Walton
14)   Christopher J. Williams
15)   Linda S. Wolf

    For    For    Management
2   

Ratification of Ernst & Young LLP as independent accountants

    For    For    Management
3   

Advisory vote on executive compensation

    For    For    Management
4   

Advisory vote on the frequency of future advisory votes
on executive compensation

    For    For    Management
5   

Gender Identity Non-Discrimination Policy

    Against    Against    Shareholder
6   

Political Contributions Report

    Against    Against    Shareholder
7   

Special shareowner meetings

    Against    Against    Shareholder
8   

Require supplier(s) to publish an annual sustainability report

    Against    Against    Shareholder
9   

Climate change risk disclosure

    Against    Against    Shareholder

 

18

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.

Allstate Assurance Company

Separate Account B

 

By:

  

/s/    David G. Fussell

 

David G. Fussell, Chairman, Board of Managers

 

Signing in the capacity of Chief Executive Officer

 

and Chief Financial Officer

Date: August 31, 2011

  

 

19