Moog Proxy and Notice and Access Letter- FY2019 Filed 12 30 2019 - Page 28



— 2019 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 2019 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
Donald R. Fishback
Vice President; Chief
Financial Officer; and
Director
R. Eric Burghardt
Vice President
Mark J. Trabert
Vice President; President,
Aircraft Controls
Maureen M. Athoe
Vice President; President,
Space and Defense
Year
(1)
Salary
(2)
Bonus
2019 $951,595 $
(3)
Stock
Awards(4)
SAR
Awards(5)
Non-Equity
Incentive Plan
Compensation(6)
— $ 741,980 $ 600,151 $
Change
in Pension
Value and
Non-Qualified
Deferred
Compensation
Earnings(7)
All Other
Compensation(8)
Total
283,735
$
3,094,648
$
67,848
$5,739,957
2018 $917,145 $ 189,086 $ 547,352 $ 450,010 $
5,543
$
1,137,501
$
25,090
$3,271,727
2017 $880,350 $ 159,210 $ 358,240 $ 448,439 $
318,420
$
1,046,878
$
22,055
$3,233,592
2019 $590,767 $
— $ 238,224 $ 150,054 $
176,147
$
1,193,701
$
399,177
$2,748,070
2018 $569,384 $ 117,389 $ 210,425 $ 150,003 $
3,441
$
396,530
$
387,087
$1,834,259
2017 $546,546 $ 98,842 $ 179,120 $ 224,219 $
197,684
$
35,347
$
328,191
$1,609,949
2019 $437,076 $
130,326
$
325,438
$
596,525
$1,854,641
2018 $421,210 $ 86,840 $ 194,756 $ 150,003 $
2,546
$
138,320
$
186,739
$1,180,414
2017 $408,959 $ 73,120 $ 179,120 $ 224,219 $
146,240
$
64,749
$
182,507
$1,278,914
2019 $451,122 $
— $ 220,257 $ 150,054 $
140,270
$
253,904
$
220,491
$1,436,098
2018 $421,273 $ 86,853 $ 194,756 $ 150,003 $
2,546
$
117,704
$
190,659
$1,163,794
2017 $409,006 $ 73,131 $ 179,120 $ 224,219 $
146,262
$
61,421
$
184,312
$1,277,471
2019 $437,091 $
130,326
$
292,871
$
205,767
$1,431,331
— $ 215,222 $ 150,054 $
— $ 215,222 $ 150,054 $
2018
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
2017
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
(1) The years reported are the Company’s fiscal years ended September 28, 2019, September 29, 2018 and September 30, 2017.
(2) Includes amounts, if any, deferred at the direction of the executive officer pursuant to the Company’s 401(k) Plan.
(3) With respect to fiscal 2018, this column shows the cash portion of the supplemental bonus awarded as part of the fiscal 2018
STI plan to all STI plan participants as described on page 22. Includes amounts, if any, deferred at the direction of the executive
officer pursuant to the Company’s 401(k) Plan.
(4) 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 and, for purposes of fiscal 2018 and 2019, the stock bonus payable as part of the STI.
With respect to the LTI award, 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
16 to the audited financial statements in Moog’s Annual Report on Form 10-K for the fiscal year ended September 28, 2019.
(5) 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 16 to the audited financial statements in Moog’s Annual Report on Form 10-K for the fiscal
year ended September 28, 2019.
(6) This column shows the cash portion of the STI plan compensation (other than the cash portion of the supplemental bonus
awarded as part of the fiscal 2018 STI plan, which is reported on the Bonus column), as described on page 22, 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.
(7) The aggregate change in actuarial present value is determined using mortality rates, interest rate and other assumptions
consistent with those used in our financial statements. The amounts in this column represent the aggregate change in the
actuarial present value of the officer’s accumulated retirement benefits under the ERP and the Moog Inc. Plan to Equalize
Retirement Income and Supplemental Retirement Plan (“PERI-SERP”) and above-market or preferential earnings under the
Moog Inc. Defined Contribution Supplemental Executive Retirement Plan (“DC SERP”). See the Pension Benefits table and
Non-Qualified Deferred Compensation table on page 35 for additional information.
26

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