Moog Proxy - FY2022 - Host - Flipbook - Page 26
2022 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 and Restoration Plan (as defined below). The pension values for fiscal 2022 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
Patrick J. Roche
Executive Vice
President and Chief
Operating Officer
Mark J. Trabert
Vice President;
President, Aircraft
Controls
Maureen M. Athoe
Vice President;
President, Space and
Defense Controls
Salary(2)
($)
Year(1)
Bonus
($)
Stock
Awards(3)
($)
Option
Awards(4)
($)
Non-Equity
Incentive Plan
Compensation(5)
($)
Change
in Pension
Value and
Non-Qualified
Deferred
Compensation
Earnings(6)
($)
All Other
Compensation(7)
($)
2022
$ 1,042,278 $
— $ 1,333,405 $ 666,610 $
908,182 $
2021
1,011,925
—
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
553,857 $
— $
373,333 $ 186,663 $
273,600 $
2021
522,504
—
353,389
176,721
265,002
74,478
32,646
1,424,740
2020
463,755
—
318,844
250,007
137,501
141,111
27,768
1,338,986
596,643 $
— $
500,079 $ 249,979 $
304,375 $
2021
505,085
—
206,667
103,372
254,395
171,088
18,681
1,259,288
2020
459,486
—
222,346
150,009
144,424
1,090,381
19,005
2,085,651
515,284 $
— $
213,404 $ 106,677 $
252,784 $
2021
500,271
—
206,667
103,372
251,971
384,098
246,056
1,692,435
2020
485,696
—
223,472
150,009
146,777
264,980
255,069
1,526,003
492,695 $
— $
213,404 $ 106,677 $
241,702 $
2021
475,036
—
206,667
103,372
240,926
397,041
238,445
1,661,487
2020
451,272
—
218,278
150,009
136,375
308,517
227,280
1,491,731
2022
2022
2022
2022
$
$
$
$
— $
Total
($)
— $
— $
— $
— $
80,193 $ 4,030,668
31,709 $ 1,419,162
523,433 $ 2,174,509
279,522 $ 1,367,671
287,532 $ 1,342,010
(1) The years reported are the Company’s fiscal years ended October 1, 2022, October 2, 2021 and October 3, 2020.
(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 amounts of TVAs granted under the LTI for fiscal years 2022 and 2021
and the stock awards payable as part of the STI for fiscal year 2020. 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 1, 2022.
(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 1, 2022.
(5) This column shows the cash portion of the STI plan compensation as described in The Process Used to Determine
Compensation beginning on page 18 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.
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