12 23 2021 Moog Proxy - FY2021 - FINAL - Flipbook - Page 39
Name
Mark J. Trabert
Maureen M. Athoe
Patrick J. Roche
Type of Payment
Severance(1)
Salary Continuance(2)
STI(3)
Insurance Coverage(4)
Other perquisites(5)
Option awards(6)
Stock awards(7)
Company transaction
contribution under DC
SERP(8)
Total
Severance(1)
Salary Continuance(2)
STI(3)
Insurance Coverage(4)
Other perquisites(5)
Option awards(6)
Stock awards(7)
Company transaction
contribution under DC
SERP(8)
Total
Severance(1)
Salary Continuance(2)
STI(3)
Insurance Coverage(4)
Other perquisites(5)
Option awards(6)
Stock awards(7)
Company transaction
contribution under DC
SERP(8)
Total
Death
$
—
250,136
251,971
—
—
72,193
126,141
Voluntary
Disability
Retirement Termination
$
— $
— $
—
—
—
—
251,971
251,971
—
—
—
—
—
—
—
72,193
72,193
55,320
—
126,141
—
Involuntary
Involuntary
Termination
Termination
After a Change
Without Cause
in Control(9)
$
1,500,813 $
1,500,813
—
—
251,971
251,971
18,511
18,511
14,363
14,363
55,320
72,193
—
590,185
—
700,441 $
— $
237,518
240,926
—
—
409,825
126,141
—
324,164 $
— $
—
240,926
—
—
409,825
—
—
450,305 $
— $
—
240,926
—
—
409,825
126,141
—
55,320 $
— $
—
—
—
—
392,952
—
—
1,840,978 $
1,425,108 $
—
240,926
15,844
5,889
392,952
—
1,474,032
3,922,068
1,425,108
—
240,926
15,844
5,889
409,825
590,185
—
$ 1,014,410 $
$
— $
252,543
254,395
—
—
936,500
126,141
—
650,751 $
— $
—
254,395
—
—
936,500
—
—
776,892 $
— $
—
254,395
—
—
936,500
126,141
—
392,952 $
— $
—
—
—
—
919,627
—
—
2,080,719 $
1,052,260 $
—
254,395
20,042
13,639
919,627
—
1,170,902
3,858,680
1,515,255
—
254,395
20,042
13,639
936,500
590,185
—
—
$ 1,569,579 $ 1,190,895 $
—
1,317,036 $
—
919,627 $
—
2,259,963 $
—
3,330,016
$
$
(1) Severance payments for Messrs. Scannell, Trabert and Roche and Mses. Walter and Athoe under an involuntary termination
due to a change in control would be 36 months and are all reflected in the table above. In the event of an involuntary
termination (no change in control), severance payments for Mr. Scannell would be 34 months, Mr. Roche and Ms. Walter
would be 25 months and Mr. Trabert and Ms. Athoe would be 36 months.
(2) Represents payment of base salary for a period of six months to the NEO’s surviving spouse or estate.
(3) For years when there is STI, termination benefits would include those STI payments for all except voluntary termination. STI
is comprised of the Non-Equity Incentive Compensation, and a portion of Stock Awards columns related to the STI included
in the Summary Compensation Table on page 23.
(4) Insurance coverage reflects medical premiums paid in fiscal 2021. In the event of death, the estate or beneficiary of the
officers will receive a life insurance payment pursuant to a plan covering all employees, subject to a cap of $4,000,000. In
the event of disability, the officers are covered under a disability plan for all employees, which for officers provides up to 70%
of pay until normal retirement age.
(5) For purposes of determining other perquisites the amount paid in fiscal 2021 for club dues and auto expenses are reflected
and outplacement services have been estimated at $5,000.
(6) This is the value of outstanding, in the money SAR awards at October 2, 2021. The value was determined using October 1,
2021 Class A and Class B market prices and was calculated for the increase in the market price over the exercise price.
(7) This is the value of outstanding PSU awards at October 2, 2021 that would vest and become payable without performance
conditions upon termination. The value was determined using the October 1, 2021 Class B market price and was calculated
by multiplying the market price by shares which would be acquired upon vest. The value provided for Involuntary Termination
After a Change in Control only also includes outstanding TVA awards which would be payable in cash.
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