FY2021 10-K Document - FINAL 11 15 21 - Flipbook - Page 90
Table of Contents
On November 15, 2021, the Board of Directors approved revisions to the Moog Inc. Revised 2021 Management Short
Term Incentive Plan, that previously became effective on October 3, 2021 (the "Revised STI Plan"), which Revised
STI Plan is in effect beginning with the Company's current 2022 fiscal year. The bonuses earned under the Revised
STI Plan are based on performance as against a diluted earnings per share ("EPS") performance metric and a free
cash flow ("FCF") performance metric. The revisions to the Revised STI Plan modified the weighting of the EPS and
FCF performance metrics in determining the amount of the bonuses earned from 50% and 50%, respectively, to 75%
and 25%, respectively. The above description does not purport to be complete and is qualified in its entirety by
reference to the full text, which is filed as Exhibit 10.4 to this Annual Report on Form 10-K and incorporated by
reference herein.
Item 9C.
Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.
Not applicable.
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