UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 2549
FORM N-PX
Investment Company Act File Number: 811-22299
RENN Fund, Inc.
8080 N. Central Expressway, Suite 210, LB-59
Dallas, Texas
75206-1857
(Address of Principal Executive Offices)
(Zip Code)
Russell G. Cleveland
8080 N. Central Expressway, Suite 210, LB-59
Dallas, Texas 75206-1857
(Name and Address of Agent for Service)
Registrant’s telephone number: 214-891-8294
Date of Fiscal Year-End: 12/31/2014
Date of reporting period: 07/01/2014 – 06/30/2015
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 CRR 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.
Item 1: Proxy Voting Record.
Disclosed is the following information for each matter relating to a portfolio security considered at any shareholder meeting held during the period covered by the report and with respect to which the registrant was entitled to vote:
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: | RENN Fund, Inc. |
| By: | /s/ Russell Cleveland |
| Title: | President, CEO, and Director |
| Date: | August 20, 2015 |
| IDI, Inc. | |||
| Ticker: | IDI | Security ID: | G88685-105 |
| Meeting Date: | 03/17/2015 | Meeting Type: | Annual |
| Record Date: | 01/01/2015 | ||
| Item: | Matter to be Voted On: | Proposed by: | Shares Voted: | How Voted: | For or Against Management: |
| 1.0 | Election of Directors: | ||||
| 1.1 | Robert N. Fried | Management | Yes | For | For |
| 1.2 | Derek Dubner | Management | Yes | For | For |
| 1.3 | Steven D. Rubin | Management | Yes | For | For |
| 1.4 | Daniel Brauser | Management | Yes | For | For |
| 1.5 | Peter Benz | Management | Yes | For | For |
| 1.6 | Michael Brauser | Management | Yes | For | For |
| 1.7 | Ken Hunter | Management | Yes | For | For |
| 2.0 | To approve the IDI, Inc., 2015 Stock Incentive Plan and ratify awards made under the Plan. | Management | Yes | For | For |
| 3.0 |
Advisory approval of IDI’s 2014 executive compensation. |
Management | Yes | For | For |
| 4.0 | Advisory approval of the frequency of future stockholder advisory votes relating to IDI’s executive compensation. | Management | Yes | 1 Year | For |
| Flamel Technologies S.A. | |||
| Ticker: | FLML | Security ID: | 338488-109 |
| Meeting Date: | 05/19/2015 | Meeting Type: | Annual |
| Record Date: | 06/26/2015 | ||
| Item: | Matter to be Voted On: | Proposed by: | Shares Voted: | How Voted: | For or Against Management: |
| 1.0 | Approval of Statutory Accounts for year ended December 31, 2014 | Management | Yes | For | For |
| 2.0 | Allocation of results | Management | Yes | For | For |
| 3.0 | Renewal of Mr. Anderson as Director | Management | Yes | For | For |
| 4.0 | Renewal of Mr. Cerutti as Director | Management | Yes | For | For |
| 5.0 | Renewal of Mr. Fildes as Director | Management | Yes | For | For |
| 6.0 | Renewal of Mr. Navarre as Director | Management | Yes | For | For |
| Item: | Matter to be Voted On: | Proposed by: | Shares Voted: | How Voted: | For or Against Management: |
| 7.0 | Renewal of Ambassador Stapleton as Director | Management | Yes | For | For |
| 8.0 | Renewal of Mr. Van Assche as Director | Management | Yes | For | For |
| 9.0 | Annual amount of Directors’ attendance fees (Jetons de presence) | Management | Yes | For | For |
| 10.0 | Approval of Agreements referred to in Article L.225-38 ET SEQ. of the French Commercial Code | Management | Yes | For | For |
| 11.0 | Authorization to allocate a maximum number of 250,000 free shares for the benefit of the employees of the group as well as to corporate officers of the company, which implies waiving of preferential subscription rights of shareholders in favor of the beneficiaries of the said shares. | Management | Yes | For | For |
| 12.0 | Authorization to issue of a maximum number of 350,000 stock warrants reserved for a category of persons defined by the thirteenth resolution, which implies waiving of preferential subscription rights of shareholders on shares issued upon exercise of such warrants | Management | Yes | For | For |
| 13.0 | Cancellation of the preferential right of subscription attributed to the shareholders with respect to the capital increase set forth in the twelfth resolution to the benefit of a category of persons consisting of the company’s directors who are neither authorized agents nor employees of the company, but including the chairman of the Board | Management | Yes | For | For |
| Item: | Matter to be Voted On: | Proposed by: | Shares Voted: | How Voted: | For or Against Management: |
| of Directors | |||||
| 14.0 | Authorization to be granted to the Board of Directors to Increase the share capital by issuing of shares reserved for the members of a company savings plan established in application of Articles L.3332-18 ET SEQ. of the French Labor Code. | Management | Yes | For | Against |
| 15.0 | Cancellation of the preferential right of subscription attributed to the shareholders with respect to the capital increase set forth in the fourteenth resolution to the benefit of a category of persons consisting of employees of the company | Management | Yes | For | Against |
| 16.0 | Authorization to be granted to the Board of Directors for issue of a maximum number of two million (2,000,000) ordinary shares of a nominal value of EUR 0.12196, in the form of American Depositary Shares (ADS), with removal of the shareholders’ preferential subscription rights and reserved for a category of persons defined by the seventeenth resolution; authorization to be granted to the Board of Directors for carrying out the resulting capital increases | Management | Yes | For | For |
| 17.0 | Cancellation of the preferential right of subscription attributed to the shareholders with respect to the capital increase set forth in the sixteenth resolution to the benefit of a category of | Management | Yes | For | For |
| Item: | Matter to be Voted On: | Proposed by: | Shares Voted: | How Voted: | For or Against Management: |
| persons consisting of any public or private French of foreign company engages (I) in the manufacture, sale, marketing and/or distribution of pharmaceutical products or active pharmaceutical ingredients of (II) in operational activities related to pharmaceutical industry. | |||||
| 18. | Powers for Formalities | Management | Yes | For | For |
| Points International Ltd. | |||
| Ticker: | PCOM | Security ID: | 730843-208 |
| Meeting Date: | 05/5/2015 | Meeting Type: | Annual |
| Record Date: | 03/24/2015 | ||
| Item: | Matter to be Voted On: | Proposed by: | Shares Voted: | How Voted: | For or Against Management: |
| 1.0 | Election of Directors: | ||||
| 1.1 | Bernay Box | Management | Yes | For | For |
| 1.2 | Christopher Barnaard | Management | Yes | For | For |
| 1.3 | Michael Beckerman | Management | Yes | For | For |
| 1.4 | Douglas Carty | Management | Yes | For | For |
| 1.5 | Bruce Croxon | Management | Yes | For | For |
| 1.6 | Robert Maclean | Management | Yes | For | For |
| 2.0 | The appointment of KPMG LLP as auditors of the corporation for the ensuing year and authorizing the directors to fix their remuneration. | Management | Yes | For | For |
| Charles & Colvard, Ltd. | |||
| Ticker: | CTHR | Security ID: | 159765-106 |
| Meeting Date: | 05/20/201 | Meeting Type: | Annual |
| Record Date: | 03/31/2015 | ||
| Item: | Matter to be Voted On: | Proposed by: | Shares Voted: | How Voted: | For or Against Management: |
| 1.0 | Election of Directors: | ||||
| 1.1 | H. Marvin Beasley | Management | No | ||
| 1.2 | Anne M. Butler | Management | No | ||
| 1.3 | George R. Butler | Management | No | ||
| 1.4 | Neal L. Goldman | Management | No | ||
| 1.5 | Ollin B. Sykes | Management | No | ||
| 2.0 | Proposal to approve an amendment to the Charles & Colvard, Let. 2008 stock incentive plan to increase the number of shares authorized for issuance under the plan by 1,500,000 shares | Management | No | ||
| 3.0 | Proposal to ratify the appointment of BDO USA, LLP as the company’s independent registered public accounting firm for the year endinbg December 31, 2015 | Management | No | ||
| 4.0 | Proposal to vote, on an advisory (nonbinding) basis, to approve executive compensation | Management | No |
| Apivio Systems Inc. | |||
| Ticker: | APV | Security ID: | 03765B104 |
| Meeting Date: | 06/18/2015 | Meeting Type: | Annual |
| Record Date: | 05/11/2015 | ||
| Item: | Matter to be Voted On: | Proposed by: | Shares Voted: | How Voted: | For or Against Management: |
| 1.0 | To receive the consolidated audited financial statements of the Company for the year ended December 31, 2014 and the report of the auditors thereon; | Management | No |
| Item: | Matter to be Voted On: | Proposed by: | Shares Voted: | How Voted: | For or Against Management: |
| 2.0 | To appoint KPMG LLP, Chartered Accountants as auditors for the ensuing year at a remuneration to be fixed by the directors of the Company; | Management | No | ||
| 3.0 | To set the number of directors for the ensuing year at six; | Management | No | ||
| 4.0 | To elect directors for the ensuing year; and | Management | No | ||
| 5.0 | To transact such other business as may properly come before the meeting or any postponement or adjournment thereof. | Management | No |
| Bovie Medical Corporation | |||
| Ticker: | BVX | Security ID: | 10211F100 |
| Meeting Date: | July 16, 2015 | Meeting Type: | Annual |
| Record Date: | May 29, 2015 | ||
| Item: | Matter to be Voted On: | Proposed by: | Shares Voted: | How Voted: | For or Against Management: |
| 1.0 | Director | ||||
| 1.1 | Andrew Makrides | Management | Yes | For | For |
| 1.2 | Robert L. Gershon | Management | Yes | For | For |
| 1.3 | J. Robert Saron | Management | Yes | For | For |
| 1.4 | Michael Geraghty | Management | Yes | For | For |
| 1.5 | Charles T. Orsatti | Management | Yes | For | For |
| 1.6 | Lawrence J. Waldman | Management | Yes | For | For |
| 1.7 | John C. Andres | Management | Yes | For | For |
| 2.0 | The approval of the 2015 share incentive plan. | Management | Yes | For | For |
| 3.0 | The ratification of Frazier & Deeter, LLC as the Company’s independent public accountants for the year ending December 31, 2015. | Management | Yes | For | For |
| 4.0 | The approval of a non-binding advisory proposal approving a resolution supporting the compensation of named executive officers. | Management | Yes | For | For |