12 23 2021 Moog Proxy - FY2021 - FINAL - Flipbook - Page 26
2021 Summary Compensation Table
The table below presents dollar amounts computed as required under SEC rules.
The amounts shown for equity-based awards reflect the aggregate grant date fair value. These amounts do not reflect the
current or prospective value of these awards to the executive.
The amounts shown under the column “Change in Pension Value and Non-Qualified Deferred Compensation Earnings” reflect
the change in the actuarial present value of each NEO’s retirement benefits and any above market or preferential earnings under
the DC SERP (as defined below). The pension values for fiscal 2021 reflect the impact of changes in interest rates on actuarial
present value calculations, years of credited service and changes in compensation levels.
Name and Principal
Position
John R. Scannell
Chief Executive Officer;
Chairman of the Board;
and Director
Jennifer Walter
Vice President; Chief
Financial Officer
Mark J. Trabert
Vice President;
President, Aircraft
Controls
Maureen M. Athoe
Vice President;
President, Space and
Defense
Patrick J. Roche
Vice President;
President, Industrial
Systems(7)
Year(1)
2021
Salary(2)
Stock
Awards(3)
($)
Option
Awards(4)
($)
Non-Equity
Incentive Plan
Compensation(5)
($)
All Other
Compensation(8)
($)
Total
($)
— $ 1,166,711 $ 583,499 $
815,476 $
1,736,762 $
82,723 $ 5,397,096
2020
982,457
—
948,048
750,022
395,866
2,011,729
69,114
5,157,236
2019
951,595
—
741,980
600,151
283,735
3,094,648
67,848
5,739,957
522,504 $
— $
353,389 $ 176,721 $
265,002 $
—
318,844
137,501
2021
$ 1,011,925 $
Bonus
($)
Change
in Pension
Value and
Non-Qualified
Deferred
Compensation
Earnings(6)
($)
$
2020
463,755
2019
2021
n/a
n/a
250,007
n/a
n/a
141,111
n/a
32,646 $ 1,424,740
27,768
1,338,986
n/a
n/a
500,271 $
— $
206,667 $ 103,372 $
251,971 $
125,367 $
246,056 $ 1,433,704
2020
485,696
—
223,472
150,009
146,777
259,237
255,069
1,520,260
2019
451,122
—
220,257
150,054
140,270
253,904
220,491
1,436,098
475,036 $
— $
206,667 $ 103,372 $
240,926 $
122,927 $
238,445 $ 1,387,373
2020
451,272
—
218,278
150,009
136,375
228,524
227,280
1,411,738
2019
437,091
—
215,222
150,054
130,326
292,871
205,767
1,431,331
505,085 $
— $
206,667 $ 103,372 $
254,395 $
171,088 $
—
222,346
144,424
2021
2021
2020
2019
$
n/a
74,478 $
$
$
459,486
n/a
n/a
n/a
150,009
n/a
n/a
1,090,381
n/a
18,681 $ 1,259,288
19,005
2,085,651
n/a
n/a
(1) The years reported are the Company’s fiscal years ended October 2, 2021, October 3, 2020 and September 28, 2019.
(2) Includes amounts, if any, deferred at the direction of the executive officer pursuant to the Company’s 401(k) Plan.
(3) This column shows the aggregate grant date fair value computed in accordance with ASC 718 for the PSUs granted under
the LTI for the fiscal years reported, the fixed dollar amount of TVAs granted under the LTI for fiscal year 2021 and the stock
awards payable as part of the STI for fiscal 2020 and 2019. With respect to the PSUs, this value is based on the fair value of
the equity-based award multiplied by the number of securities underlying the target PSUs and represents the amount that
the Company expects to expense for accounting purposes over the award’s vesting schedule. With respect to the LTI
awards, the amounts do not reflect the actual amounts that may be realized by the executive officers. A discussion of the
assumptions used in calculating these values may be found in Note 18 - Equity-Based Compensation to the audited financial
statements in Moog’s Annual Report on Form 10-K for the fiscal year ended October 2, 2021.
(4) This column shows the aggregate grant date fair value computed in accordance with ASC 718 for SAR awards granted
under the LTI for fiscal years reported. The amount is based on the fair value of the equity-based award as determined using
the Black-Scholes option-pricing model multiplied by the number of securities underlying the SAR awards. The amounts do
not reflect the actual amounts that may be realized by the executive officers. A discussion of the assumptions used in
calculating these values may be found in Note 18 - Equity-Based Compensation to the audited financial statements in
Moog’s Annual Report on Form 10-K for the fiscal year ended October 2, 2021.
(5) This column shows the cash portion of the STI plan compensation as described in The Process Used to Determine
Compensation beginning on page 19 for the fiscal years reported. Includes amounts, if any, deferred at the direction of the
executive officer pursuant to the Company’s 401(k) Plan.
23