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SIRI » Topics » What is a broker non-vote?

This excerpt taken from the SIRI DEF 14A filed Apr 30, 2009.
What is a broker non-vote?
 
Brokers who hold shares on behalf of their customers have the authority to vote on certain proposals when they have not received instructions from beneficial owners. A broker non-vote occurs when a broker holding shares for a beneficial owner does not vote on a particular proposal because the broker does not have discretionary voting power with respect to that item and has not received voting instructions from the beneficial owner.
 

"What is a broker non-vote?" elsewhere:

Charter Communications (CHTR)
Warner Music Group (WMG)
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