Upcoming Meeting

Apple, Inc., Feb 28, 2017 Annual Meeting

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Proposals

Num. Proposal Text Mgmt Calvert Social Index Calvert Social Investment
1.1 Elect Director James Bell For For For
Calvert Social Index Fund: There is both gender and racial diversity on the board.
Calvert Social Investment Fund: There is both gender and racial diversity on the board.
1.2 Elect Director Tim Cook For For For
Calvert Social Index Fund: There is both gender and racial diversity on the board.
Calvert Social Investment Fund: There is both gender and racial diversity on the board.
1.3 Elect Director Al Gore For For For
Calvert Social Index Fund: There is both gender and racial diversity on the board.
Calvert Social Investment Fund: There is both gender and racial diversity on the board.
1.4 Elect Director Bob Iger For For For
Calvert Social Index Fund: There is both gender and racial diversity on the board.
Calvert Social Investment Fund: There is both gender and racial diversity on the board.
1.5 Elect Director Andrea Jung For For For
Calvert Social Index Fund: There is both gender and racial diversity on the board.
Calvert Social Investment Fund: There is both gender and racial diversity on the board.
1.6 Elect Director Art Levinson For For For
Calvert Social Index Fund: There is both gender and racial diversity on the board.
Calvert Social Investment Fund: There is both gender and racial diversity on the board.
1.7 Elect Director Ron Sugar For For For
Calvert Social Index Fund: There is both gender and racial diversity on the board.
Calvert Social Investment Fund: There is both gender and racial diversity on the board.
1.8 Elect Director Sue Wagner For For For
Calvert Social Index Fund: There is both gender and racial diversity on the board.
Calvert Social Investment Fund: There is both gender and racial diversity on the board.
2 Ratify Ernst & Young LLP as Auditors For For For
Calvert Social Index Fund: In the absence of further concerns, a vote FOR is warranted.
Calvert Social Investment Fund: In the absence of further concerns, a vote FOR is warranted.
3 Advisory Vote to Ratify Named Executive Officers' Compensation For For For
Calvert Social Index Fund: A vote FOR this proposal is warranted, with some caution. While CEO pay and company performance show reasonable alignment for the year in review, certain concerns raised in prior years remain, including the relatively large size of other NEOs' equity awards and lowered STI performance targets. However, STI payouts were below target for the first time in five years, aligning with the company's weaker 2016 financial performance, and the company will increase the proportion of NEO performance equity next year.
Calvert Social Investment Fund: A vote FOR this proposal is warranted, with some caution. While CEO pay and company performance show reasonable alignment for the year in review, certain concerns raised in prior years remain, including the relatively large size of other NEOs' equity awards and lowered STI performance targets. However, STI payouts were below target for the first time in five years, aligning with the company's weaker 2016 financial performance, and the company will increase the proportion of NEO performance equity next year.
4 Advisory Vote on Say on Pay Frequency One Year One Year One Year
Calvert Social Index Fund: We support an annual shareholder advisory vote on compensation.
Calvert Social Investment Fund: We support an annual shareholder advisory vote on compensation.
5 Disclose Charitable Contributions Against Against Against
Calvert Social Index Fund: A vote AGAINST this resolution is warranted, as Apple appears to disclose sufficient information for shareholders to assess the company's charitable contribution priorities, policies, and management oversight mechanisms.
Calvert Social Investment Fund: A vote AGAINST this resolution is warranted, as Apple appears to disclose sufficient information for shareholders to assess the company's charitable contribution priorities, policies, and management oversight mechanisms.
6 Adopt Policy to Increase Diversity of Senior Management and Board of Directors Against For For
Calvert Social Index Fund: A vote FOR this proposal is warranted due to:- A policy to increase diversity at the senior management and board levels is consistent with the company's stated policies and current initiatives for promoting diversity at the workplace; and- The resolution does not appear to fetter the company's ability to promote or recruit experienced competent and executives with suitable skill sets specific to the company's needs.
Calvert Social Investment Fund: A vote FOR this proposal is warranted due to:- A policy to increase diversity at the senior management and board levels is consistent with the company's stated policies and current initiatives for promoting diversity at the workplace; and- The resolution does not appear to fetter the company's ability to promote or recruit experienced competent and executives with suitable skill sets specific to the company's needs.
7 Proxy Access Amendments
Included in FocusLists Included in 1 FocusList: Proxy Access
Has user-contributed links Has 1 user-contributed link with more info
Against For For
Calvert Social Index Fund: A vote FOR this proposal is warranted, as the proposed amendments would enhance the company's existing right for shareholders while maintaining safeguards on the nomination process.
Calvert Social Investment Fund: A vote FOR this proposal is warranted, as the proposed amendments would enhance the company's existing right for shareholders while maintaining safeguards on the nomination process.
8 Engage Outside Independent Experts for Compensation Reforms Against Against Against
Calvert Social Index Fund: A vote AGAINST this proposal is warranted, given that the company has in place an adequate framework from which to evaluate its executive compensation program and there does not appear to be immediate concerns necessitating the action proposed in this item: pay and performance are reasonably aligned for the period under review and the company demonstrated a willingness to respond to shareholder concerns on compensation.
Calvert Social Investment Fund: A vote AGAINST this proposal is warranted, given that the company has in place an adequate framework from which to evaluate its executive compensation program and there does not appear to be immediate concerns necessitating the action proposed in this item: pay and performance are reasonably aligned for the period under review and the company demonstrated a willingness to respond to shareholder concerns on compensation.
9 Adopt Share Retention Policy For Senior Executives Against For For
Calvert Social Index Fund: A vote FOR this proposal is warranted. A requirement for executives to retain 75 percent of net after-tax shares until retirement may create a stronger link between the interests of executives and long-term shareholders.
Calvert Social Investment Fund: A vote FOR this proposal is warranted. A requirement for executives to retain 75 percent of net after-tax shares until retirement may create a stronger link between the interests of executives and long-term shareholders.

This data reflects the announced voting intentions of institutional investors. These votes may change as the meeting approaches. (See our disclaimer.)


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  • [sec.gov] Added by corpgov, on 01/31/17
    Apple's bylaws would only allow one easily isolated nominee from shareholders and still limits groups to 20 members -- too few