Wikifur gives a good explanation:
At the end of the nominating period, the submissions are tabulated and the works receiving the highest number of submissions (usually the top 5, though ties or the like may mandate a few more or less) become the nominees for the year’s Ursa Major Awards. Registered voters may then vote. Note that any furry who wishes may register to vote for Ursa Major Awards - this is meant as a fandom-wide award.
Though I have made a handful of nominations so far, I will share and recommend just this one here, seeing as I am not actually an FWG member.
The essay “Criticism in Furry” May 2015 by JM http://www.adjectivespecies.com/2015/05/04/the-role-of-criticism-within-furry-or-buy-this-article/
This essay created what may have been the most extensive discussion ever on Adjective Species and also was posted and participated in here on Anthroaquatic.com at http://www.anthroaquatic.com/forum/index.php?topic=367.0
I feel that awarding this essay would be a great acknowledgement to both JM and all of you who participated in the discussion that arose from it. Thank you.
Note: I have placed my nomination for “Criticism in Furry” in the “Other Literary Work” category.