12 23 2021 Moog Proxy - FY2021 - FINAL - Flipbook - Page 14
COMPENSATION OF DIRECTORS
The aggregate cash remuneration for attending Board and committee meetings for all non-management directors, excluding
reimbursement of out-of-pocket expenses, was $658,750 for fiscal 2021.
During fiscal 2021, stock awards with a grant date fair value of $85,059 were granted to each non-management director under
the 2014 Moog Inc. Long Term Incentive Plan (the “2014 LTI Plan”), which provides that awards in a certain number of underlying
Class A shares or Class B shares may be granted to non-employee directors. Messrs. Fishback, Gisel, Gundermann, Kayser,
Lawrence and Lipke and Mses. Coletti and Reichelderfer each were granted 1,159 Class B shares. During fiscal 2021, Mr. Gisel
was granted an additional 642 Class B shares with a fair value of $50,076, in lieu of cash, for talent management services.
2021 Director Compensation
Fees Earned or
Paid in Cash
($)
Name
Janet M. Coletti
$
Donald R. Fishback(2)
85,000 $
Stock
Awards(1)
($)
All Other
Compensation
($)
85,059 $
— $
Total
($)
170,059
493,538
85,059
13,306
591,903
William G. Gisel, Jr.
85,000
135,135
—
220,135
Peter J. Gundermann
85,000
85,059
—
170,059
Kraig H. Kayser
85,000
85,059
—
170,059
R. Bradley Lawrence
85,000
85,059
—
170,059
Brian J. Lipke
85,000
85,059
—
170,059
Brenda L. Reichelderfer
85,000
85,059
—
170,059
(3)
(1) This column shows the aggregate grant date fair value of Class B shares granted in fiscal 2021.
(2) The Fees Earned or Paid in Cash column represents Mr. Fishback's cash remuneration as a director of the Company of
$63,750, as well as Mr. Fishback's salary and STI bonus during fiscal 2021 of $429,788. The All Other Compensation
column represents Mr. Fishback's perquisites as Vice President during fiscal 2021. Mr. Fishback retired from serving as Vice
President of the Company in March 2021.
(3) Mr. Lawrence will retire from the Board immediately prior to the Annual Meeting.
During fiscal 2021, the number of Class B shares granted to each non-employee director were as follows:
Grant
Date
Common Stock
Janet M. Coletti
11/17/2020
Class B
1,159 $
73.39
Donald R. Fishback
11/17/2020
Class B
1,159 $
73.39
Name
William G. Gisel, Jr.
Number of
Shares Awarded
Market Price on
Grant Date
11/17/2020
Class B
1,159 $
73.39
02/09/2021
Class B
642 $
78.00
Peter J. Gundermann
11/17/2020
Class B
1,159 $
73.39
Kraig H. Kayser
11/17/2020
Class B
1,159 $
73.39
R. Bradley Lawrence(1)
11/17/2020
Class B
1,159 $
73.39
Brian J. Lipke
11/17/2020
Class B
1,159 $
73.39
Brenda L. Reichelderfer
11/17/2020
Class B
1,159 $
73.39
(1) Mr. Lawrence will retire from the Board immediately prior to the Annual Meeting.
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