Question

in 2015, the proxy vote for apple's annual meeting had six proposal: 1. the election of the directors, 2. the ratification of the auditor, 3.an advisory vote on executive compensation (say on pay) , 4. An amendment to the employee stock purchase plan, 5. shareholder proposal regarding renewable energy, and 6. shareholder proposal regarding proxy access.

a. where is this proxy statement filed?

b. find the result of this proxy vote and explain where you found it. what percent of the shareholder voted in favor of the executive compensation and what percent voted in favor of the shareholder proposal on proxy access?

Answer 1

Answer :-

(1) A proxy statement is filed by a Public Traded Company. It must be filed before share holders Meeting.

Proxy statements are filed with the Securities & Exchange Commission in Form DEF 14A.

(2) Result of Proxy vote is as follows:-

(a) electing directors to the board,

(b) approving a merger or acquisition,

(c) approving a stock compensation plan.

(d) securities in their portfolios

---Proxy votes may be found by mail, phone or internet..

---Appro. 61% of the shareholder voted in favor of the executive compensation.

---one or more shareholders own at least 1% of the outstanding shares of the Company voted in favor of the

shareholder proposal on proxy access