What is a “Preliminary” proxy ballot?
A “Preliminary” proxy ballot is a ballot that may contain some, but not necessarily all, of the contests that TransparentDemocracy believes may appear on the final “sample” proxy ballot that TransparentDemocracy will eventually publish for a corporation proxy contest. The initial text of the “preliminary” proxy ballot is the text of the final “sample” ballot for the corporation for the prior year: TransparentDemocracy starts with the corporation’s proxy ballot for the prior year because: (1) most corporations that have shareholder proxy contests one year will have shareholder proxy contests the following year and (2) many of the shareholder resolutions upon which shareholders vote one year will also be brought before the shareholders of that corporation the following year. The text of final “sample” proxy ballot is the final version of the proxy ballot for the corporation taken directly from the website of the governmental agency – the Securities and Exchange Commission (SEC) – that pu
