N-PX 1 fhitn-px0620.htm FHIT_NPX_0820 fhitn-px0620.htm - Generated by SEC Publisher for SEC Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM N-PX

 

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number 811-01608   

 

 

Franklin High Income Trust

(Exact name of registrant as specified in charter)

 

One Franklin Parkway, San Mateo, CA 94403-1906

(Address of principal executive offices) (Zip code)

 

Craig S. Tyle, One Franklin Parkway, San Mateo, CA 94403-1906

(Name and address of agent for service)

 

Registrant's telephone number, including area code:  (650) 312-2000    

 

Date of fiscal year end:      5/31       

 

Date of reporting period:   6/30/2020          

 

Item 1. Proxy Voting Records.

Franklin High Income Fund

 

AMPLIFY ENERGY CORP.
Meeting Date:  MAY 20, 2020
Record Date:  MAR 26, 2020
Meeting Type:  ANNUAL

Ticker:  AMPY
Security ID:  03212B103

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1a

Elect Director Christopher W. Hamm

Management

For

For

1b

Elect Director Scott L. Hoffman

Management

For

For

1c

Elect Director Randal T. Klein

Management

For

For

1d

Elect Director Evan S. Lederman

Management

For

For

1e

Elect Director David H. Proman

Management

For

For

1f

Elect Director Todd R. Snyder

Management

For

For

2

Ratify Deloitte & Touche LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

Against

4

Advisory Vote on Say on Pay Frequency

Management

One Year

One Year
 

 

 

BATTALION OIL CORPORATION
Meeting Date:  MAY 18, 2020
Record Date:  MAR 31, 2020
Meeting Type:  ANNUAL

Ticker:  BATL
Security ID:  07134L107

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Scott H. Germann

Management

For

For

1.2

Elect Director Gregory S. Hinds

Management

For

For

1.3

Elect Director Richard H. Little

Management

For

For

1.4

Elect Director William L. Transier

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

3

Advisory Vote on Say on Pay Frequency

Management

Three Years

One Year

4

Ratify Deloitte & Touche LLP as Auditors

Management

For

Against

 

 

BIRCH PERMIAN HOLDINGS, INC.
Meeting Date:  JUL 10, 2019
Record Date:  JUN 12, 2019
Meeting Type:  ANNUAL

Ticker:  
Security ID:  09075C104

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1

Elect Director Jason Cansler

Management

For

For

 

 

BIRCH PERMIAN HOLDINGS, INC.
Meeting Date:  JUL 10, 2019
Record Date:  JUN 12, 2019
Meeting Type:  ANNUAL

Ticker:  
Security ID:  09075C203

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1

Elect Director Jason Cansler

Management

For

For

 

 

CHAPARRAL ENERGY, INC.
Meeting Date:  JUN 26, 2020
Record Date:  MAY 11, 2020
Meeting Type:  ANNUAL

Ticker:  CHAP
Security ID:  15942R208

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Charles Duginski

Management

For

For

1.2

Elect Director Marcus C. Rowland

Management

For

For

1.3

Elect Director Douglas E. Brooks

Management

For

For

1.4

Elect Director Michael J. Kuharski

Management

For

For

1.5

Elect Director Samuel E. Langford

Management

For

For

1.6

Elect Director Mark "Mac" A. McFarland

Management

For

For

1.7

Elect Director Kenneth W. Moore

Management

For

For

1.8

Elect Director Gysle R. Shellum

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

Against

3

Ratify Grant Thornton LLP as Auditors

Management

For

For
 

 

 

CHAPARRAL ENERGY, INC.
Meeting Date:  JUN 26, 2020
Record Date:  MAY 11, 2020
Meeting Type:  ANNUAL

Ticker:  CHAP
Security ID:  15942R406

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Charles Duginski

Management

For

For

1.2

Elect Director Marcus C. Rowland

Management

For

For

1.3

Elect Director Douglas E. Brooks

Management

For

For

1.4

Elect Director Michael J. Kuharski

Management

For

For

1.5

Elect Director Samuel E. Langford

Management

For

For

1.6

Elect Director Mark "Mac" A. McFarland

Management

For

For

1.7

Elect Director Kenneth W. Moore

Management

For

For

1.8

Elect Director Gysle R. Shellum

Management

For

For

2

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

Against

3

Ratify Grant Thornton LLP as Auditors

Management

For

For

 

 

GOODRICH PETROLEUM CORPORATION
Meeting Date:  AUG 20, 2019
Record Date:  JUL 16, 2019
Meeting Type:  ANNUAL

Ticker:  GDP
Security ID:  382410843

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Walter G. 'Gil' Goodrich

Management

For

For

1.2

Elect Director Robert C. Turnham, Jr.

Management

For

For

1.3

Elect Director Timothy D. Leuliette

Management

For

For

1.4

Elect Director Ronald F. Coleman

Management

For

For

1.5

Elect Director K. Adam Leight

Management

For

For

1.6

Elect Director Thomas M. Souers

Management

For

For

1.7

Elect Director Jeffrey S. Serota

Management

For

For

1.8

Elect Director Edward J. Sondey

Management

For

For

2

Ratify Moss Adams LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For
 

 

 

GOODRICH PETROLEUM CORPORATION
Meeting Date:  MAY 12, 2020
Record Date:  MAR 24, 2020
Meeting Type:  ANNUAL

Ticker:  GDP
Security ID:  382410843

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director Walter G. 'Gil' Goodrich

Management

For

For

1.2

Elect Director Robert C. Turnham, Jr.

Management

For

For

1.3

Elect Director Timothy D. Leuliette

Management

For

For

1.4

Elect Director Ronald F. Coleman

Management

For

For

1.5

Elect Director K. Adam Leight

Management

For

For

1.6

Elect Director Thomas M. Souers

Management

For

For

1.7

Elect Director Jeffrey S. Serota

Management

For

For

1.8

Elect Director Edward J. Sondey

Management

For

For

2

Ratify Moss Adams LLP as Auditors

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For

 

 

MIDSTATES PETROLEUM COMPANY, INC.
Meeting Date:  AUG 02, 2019
Record Date:  JUN 28, 2019
Meeting Type:  ANNUAL

Ticker:  MPO
Security ID:  59804T407

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1

Issue Shares in Connection with Merger

Management

For

For

2.1

Elect Director David J. Sambrooks

Management

For

For

2.2

Elect Director Alan J. Carr

Management

For

For

2.3

Elect Director Patrice D. Douglas

Management

For

For

2.4

Elect Director Neal P. Goldman

Management

For

For

2.5

Elect Director Randal T. Klein

Management

For

For

2.6

Elect Director Evan S. Lederman

Management

For

For

2.7

Elect Director David H. Proman

Management

For

For

2.8

Elect Director Todd R. Snyder

Management

For

For

3

Bundled Say on Pay/Golden Parachute Advisory Vote

Management

For

Abstain

4

Ratify Grant Thornton LLP as Auditors

Management

For

For

5

Adjourn Meeting

Management

For

For
 

 

 

RIVIERA RESOURCES, INC.
Meeting Date:  JUN 24, 2020
Record Date:  APR 27, 2020
Meeting Type:  ANNUAL

Ticker:  RVRA
Security ID:  76964R104

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1.1

Elect Director David B. Rottino

Management

For

For

1.2

Elect Director Evan Lederman

Management

For

For

1.3

Elect Director Joseph A. Mills

Management

For

For

1.4

Elect Director Win Rollins

Management

For

For

1.5

Elect Director Thanasi Skafidas

Management

For

For

2

Ratify KPMG LLP as Auditors - withdrawn

Management

None

None

 

 

ROAN RESOURCES, INC.
Meeting Date:  DEC 04, 2019
Record Date:  OCT 28, 2019
Meeting Type:  SPECIAL

Ticker:  ROAN
Security ID:  769755109

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1

Approve Merger Agreement

Management

For

For

2

Advisory Vote on Golden Parachutes

Management

For

For

3

Adjourn Meeting

Management

For

For
 

 

 

VERSO CORPORATION
Meeting Date:  JAN 31, 2020
Record Date:  DEC 16, 2019
Meeting Type:  PROXY CONTEST

Ticker:  VRS
Security ID:  92531L207

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

Management Proxy (White Proxy Card)

1a

Elect Director Robert K. Beckler

Management

For

Did Not Vote

1b

Elect Director Paula H.J. Cholmondeley

Management

For

Did Not Vote

1c

Elect Director Randy J. Nebel

Management

For

Did Not Vote

1d

Elect Director Steven D. Scheiwe

Management

For

Did Not Vote

1e

Elect Director Jay Shuster

Management

For

Did Not Vote

1f

Elect Director Adam St. John

Management

For

Did Not Vote

1g

Elect Director Nancy M. Taylor

Management

For

Did Not Vote

2

Approve Sale of Androscoggin Mill

Management

For

Did Not Vote

3

Adjourn Meeting

Management

For

Did Not Vote

4a

Reduce Supermajority Vote Requirement for Removal of Directors

Management

For

Did Not Vote

4b

Reduce Supermajority Vote Requirement to Amend Bylaws

Management

For

Did Not Vote

4c

Reduce Supermajority Vote Requirement to Amend Certain Provisions of the Certificate of Incorporation

Management

For

Did Not Vote

5

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

Did Not Vote

6

Ratify Deloitte & Touche LLP as Auditors

Management

For

Did Not Vote

7

Adopt Stockholder Rights Plan

Management

For

Did Not Vote

8

Adopt Majority Vote for Election of Directors

Management

None

Did Not Vote

9

Repeal Amendments to Verso's Amended and Restated Bylaws Adopted After June 26, 2019

Shareholder

Against

Did Not Vote

Proposal No

Proposal

Proposed By

Dissident Recommendation

Vote Cast

Dissident Proxy (Blue Proxy Card)

1.1

Elect Director Sean T. Erwin

Shareholder

For

For

1.2

Elect Director Jeffrey E. Kirt

Shareholder

For

Withhold

1.3

Elect Director Timothy Lowe

Shareholder

For

Withhold

1.4

Management Nominee Robert K. Beckler

Shareholder

For

For

1.5

Management Nominee Paula H.J. Cholmondeley

Shareholder

For

For

1.6

Management Nominee Randy J. Nebel

Shareholder

For

For

1.7

Management Nominee Adam St. John

Shareholder

For

For

2

Approve Sale of Androscoggin Mill

Management

None

For

3

Adjourn Meeting

Management

None

For

4a

Reduce Supermajority Vote Requirement for Removal of Directors

Management

For

For

4b

Reduce Supermajority Vote Requirement to Amend Bylaws

Management

For

For

4c

Reduce Supermajority Vote Requirement to Amend Certain Provisions of the Certificate of Incorporation

Management

For

For

5

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

None

For

6

Ratify Deloitte & Touche LLP as Auditors

Management

None

For

7

Adopt Stockholder Rights Plan

Management

None

For

8

Adopt Majority Vote for Election of Directors

Management

For

For

9

Repeal Amendments to Verso's Amended and Restated Bylaws Adopted After June 26, 2019

Shareholder

For

For
 

 

 

WEATHERFORD INTERNATIONAL PLC
Meeting Date:  JUN 12, 2020
Record Date:  APR 17, 2020
Meeting Type:  ANNUAL

Ticker:  WFTLF
Security ID:  G48833118

Proposal No

Proposal

Proposed By

Management Recommendation

Vote Cast

1a

Elect Director Thomas R. Bates, Jr.

Management

For

Against

1b

Elect Director John F. Glick

Management

For

Against

1c

Elect Director Neal P. Goldman

Management

For

For

1d

Elect Director Gordon T. Hall

Management

For

Against

1e

Elect Director Mark A. McCollum

Management

For

For

1f

Elect Director Jacqueline C. Mutschler

Management

For

For

1g

Elect Director Charles M. Sledge

Management

For

For

2

Approve KPMG LLP as Auditors and Authorize Board to Fix Their Remuneration

Management

For

For

3

Advisory Vote to Ratify Named Executive Officers' Compensation

Management

For

For
 

 

 

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) Franklin High Income Trust________________________________

 

 

 

By (Signature and Title)* /s/ Matthew T. Hinkle                   _____      

Matthew T. Hinkle,

Chief Executive Officer – Finance and Administration

 

 

Date August 26, 2020   

 

* Print the name and title of each signing officer under his or her signature.