N-PX 1 maingate_npx.txt ANNUAL REPORT OF PROXY VOTING 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: 811-22492 NAME OF REGISTRANT: MainGate Trust ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 6075 Poplar Ave., Suite 720 Memphis, TN 38119 NAME AND ADDRESS OF AGENT FOR SERVICE: Geoffrey Mavar MainGate Trust 6075 Poplar Ave., Suite 720 Memphis, TN 38119 REGISTRANT'S TELEPHONE NUMBER: (901) 537-1866 DATE OF FISCAL YEAR END: 11/30 DATE OF REPORTING PERIOD: 07/01/2015 - 06/30/2016 MainGate MLP Fund -------------------------------------------------------------------------------------------------------------------------- BUCKEYE PARTNERS, L.P. Agenda Number: 934399014 -------------------------------------------------------------------------------------------------------------------------- Security: 118230101 Meeting Type: Annual Meeting Date: 07-Jun-2016 Ticker: BPL ISIN: US1182301010 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR OLIVER G. RICHARD, III Mgmt For For CLARK C. SMITH Mgmt For For FRANK S. SOWINSKI Mgmt For For 2. THE RATIFICATION OF THE SELECTION OF Mgmt For For DELOITTE & TOUCHE LLP AS BUCKEYE PARTNERS, L.P.'S INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR 2016. -------------------------------------------------------------------------------------------------------------------------- MAGELLAN MIDSTREAM PARTNERS,L.P. Agenda Number: 934333105 -------------------------------------------------------------------------------------------------------------------------- Security: 559080106 Meeting Type: Annual Meeting Date: 21-Apr-2016 Ticker: MMP ISIN: US5590801065 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR WALTER R. ARNHEIM Mgmt For For PATRICK C. EILERS Mgmt For For 2. AMENDMENT OF LONG-TERM INCENTIVE PLAN Mgmt For For 3. ADVISORY RESOLUTION TO APPROVE EXECUTIVE Mgmt For For COMPENSATION 4. RATIFICATION OF APPOINTMENT OF INDEPENDENT Mgmt For For AUDITOR -------------------------------------------------------------------------------------------------------------------------- SEMGROUP CORPORATION Agenda Number: 934393478 -------------------------------------------------------------------------------------------------------------------------- Security: 81663A105 Meeting Type: Annual Meeting Date: 17-May-2016 Ticker: SEMG ISIN: US81663A1051 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR RONALD A. BALLSCHMIEDE Mgmt For For SARAH M. BARPOULIS Mgmt For For JOHN F. CHLEBOWSKI Mgmt For For CARLIN G. CONNER Mgmt For For KARL F. KURZ Mgmt For For JAMES H. LYTAL Mgmt For For THOMAS R. MCDANIEL Mgmt For For 2. TO APPROVE, ON A NON-BINDING ADVISORY Mgmt For For BASIS, THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS. 3. RATIFICATION OF BDO USA, LLP AS INDEPENDENT Mgmt For For REGISTERED PUBLIC ACCOUNTING FIRM FOR 2016. 4. TO APPROVE THE SEMGROUP CORPORATION EQUITY Mgmt For For INCENTIVE PLAN, AS AMENDED AND RESTATED, TO INCREASE THE NUMBER OF SHARES AVAILABLE FOR ISSUANCE UNDER THE PLAN BY 800,000 SHARES AND MAKE CERTAIN OTHER CHANGES AS DESCRIBED IN PROPOSAL 4 OF THE PROXY STATEMENT. -------------------------------------------------------------------------------------------------------------------------- SUNOCO LOGISTICS PARTNERS L.P. Agenda Number: 934293919 -------------------------------------------------------------------------------------------------------------------------- Security: 86764L108 Meeting Type: Special Meeting Date: 01-Dec-2015 Ticker: SXL ISIN: US86764L1089 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. APPROVAL OF THE SUNOCO PARTNERS LLC Mgmt For For LONG-TERM INCENTIVE PLAN, AS PROPOSED TO BE AMENDED AND RESTATED, WHICH, AMONG OTHER THINGS, PROVIDES FOR AN INCREASE IN THE MAXIMUM NUMBER OF COMMON UNITS RESERVED AND AVAILABLE FOR DELIVERY WITH RESPECT TO AWARDS UNDER THE SUNOCO PARTNERS LLC LONG-TERM INCENTIVE PLAN, AS AMENDED AND .. (DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL). 2. APPROVAL OF THE ADJOURNMENT OF THE SPECIAL Mgmt For For MEETING TO A LATER DATE OR DATES, IF NECESSARY OR APPROPRIATE, TO SOLICIT ADDITIONAL PROXIES IN THE EVENT THERE ARE NOT SUFFICIENT VOTES AT THE TIME OF THE SPECIAL MEETING TO APPROVE THE LTIP PROPOSAL. -------------------------------------------------------------------------------------------------------------------------- TARGA RESOURCES CORP. Agenda Number: 934321566 -------------------------------------------------------------------------------------------------------------------------- Security: 87612G101 Meeting Type: Special Meeting Date: 12-Feb-2016 Ticker: TRGP ISIN: US87612G1013 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. TO CONSIDER AND VOTE UPON A PROPOSAL TO Mgmt For For APPROVE THE ISSUANCE OF SHARES OF COMMON STOCK OF TARGA RESOURCES CORP. (THE "COMPANY") IN CONNECTION WITH THE MERGER CONTEMPLATED BY THE AGREEMENT AND PLAN OF MERGER, DATED AS OF NOVEMBER 2, 2015, BY AND AMONG THE COMPANY, SPARTAN MERGER SUB LLC, TARGA RESOURCES PARTNERS ... (DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL) 2. TO CONSIDER AND VOTE UPON A PROPOSAL TO Mgmt For For APPROVE ONE OR MORE ADJOURNMENTS OF THE SPECIAL MEETING IF NECESSARY OR APPROPRIATE TO SOLICIT ADDITIONAL PROXIES IF THERE ARE NOT SUFFICIENT VOTES TO APPROVE THE TRC STOCK ISSUANCE PROPOSAL. -------------------------------------------------------------------------------------------------------------------------- TARGA RESOURCES CORP. Agenda Number: 934367396 -------------------------------------------------------------------------------------------------------------------------- Security: 87612G101 Meeting Type: Annual Meeting Date: 17-May-2016 Ticker: TRGP ISIN: US87612G1013 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR RENE R. JOYCE Mgmt For For WATERS S. DAVIS, IV Mgmt For For CHRIS TONG Mgmt For For 2. RATIFICATION OF SELECTION OF INDEPENDENT Mgmt For For AUDITORS. -------------------------------------------------------------------------------------------------------------------------- TARGA RESOURCES PARTNERS LP Agenda Number: 934322102 -------------------------------------------------------------------------------------------------------------------------- Security: 87611X105 Meeting Type: Special Meeting Date: 12-Feb-2016 Ticker: NGLS ISIN: US87611X1054 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. TO CONSIDER AND VOTE UPON A PROPOSAL TO Mgmt For For APPROVE THE AGREEMENT AND PLAN OF MERGER, DATED AS OF NOVEMBER 2, 2015, BY AND AMONG TARGA RESOURCES CORP. ("TRC"), SPARTAN MERGER SUB LLC, TARGA RESOURCES PARTNERS LP (THE "PARTNERSHIP") AND TARGA RESOURCES GP LLC, PURSUANT TO WHICH TRC WILL ACQUIRE INDIRECTLY ALL OF ... (DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL) 2. TO CONSIDER AND VOTE UPON, ON AN ADVISORY, Mgmt For For NON-BINDING BASIS, THE COMPENSATION PAYMENTS THAT MAY BE PAID OR BECOME PAYABLE TO THE PARTNERSHIP'S NAMED EXECUTIVE OFFICERS IN CONNECTION WITH THE MERGER, WHICH IS REFERRED TO AS THE "TRP COMPENSATION PROPOSAL." -------------------------------------------------------------------------------------------------------------------------- THE WILLIAMS COMPANIES, INC. Agenda Number: 934441623 -------------------------------------------------------------------------------------------------------------------------- Security: 969457100 Meeting Type: Special Meeting Date: 27-Jun-2016 Ticker: WMB ISIN: US9694571004 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. TO APPROVE THE ADOPTION OF THE AGREEMENT Mgmt Against Against AND PLAN OF MERGER (THE "MERGER AGREEMENT") AMONG ENERGY TRANSFER EQUITY, L.P., ENERGY TRANSFER CORP LP ("ETC"), ENERGY TRANSFER CORP GP, LLC, LE GP, LLC, ENERGY TRANSFER EQUITY GP, LLC AND THE WILLIAMS COMPANIES, INC. ("WMB"), AND THE TRANSACTIONS CONTEMPLATED THEREBY, INCLUDING THE MERGER OF WMB WITH AND INTO ETC. 2. TO APPROVE, ON AN ADVISORY (NON-BINDING) Mgmt Against Against BASIS, SPECIFIED COMPENSATORY ARRANGEMENTS BETWEEN WMB AND ITS NAMED EXECUTIVE OFFICERS RELATING TO THE TRANSACTIONS CONTEMPLATED BY THE MERGER AGREEMENT. 3. TO APPROVE THE ADJOURNMENT OF THE SPECIAL Mgmt Against Against MEETING FROM TIME TO TIME, IF NECESSARY OR APPROPRIATE, TO SOLICIT ADDITIONAL PROXIES IF THERE ARE INSUFFICIENT VOTES AT THE TIME OF THE SPECIAL MEETING TO APPROVE THE MERGER PROPOSAL. * Management position unknown 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. (Registrant) MainGate Trust By (Signature) /s/ Matthew G. Mead Name Matthew G. Mead Title President Date 07/28/2016