Moog Proxy - FY2022 - Host - Flipbook - Page 39
The Termination Agreements provide that an officer cannot compete with the Company during the term of the Termination
Agreement, and in the event of an involuntary termination after a change in control, until the last payment of any benefits to the
officer under the Termination Agreement. Each Termination Agreement also requires each officer not to disclose confidential
information of the Company during the term of the Termination Agreement or thereafter.
The following table shows potential payments to the NEOs upon death, disability, retirement, voluntary termination, involuntary
termination without cause or involuntary termination after a change in control. The amounts shown assume that the termination
was effective October 1, 2022, the last business day of the Company’s most recent fiscal year end. The actual amounts to be
paid can only be determined at the actual time of an officer’s termination.
Name
Type of Payment
John R. Scannell
Severance(1)
Death
($)
$
— $
— $
— $
—
—
—
—
—
STI(3)
908,182
908,182
908,182
—
908,182
908,182
Insurance Coverage(4)
—
—
—
—
23,196
23,196
Other perquisites(5)
—
—
—
—
30,733
30,733
1,300,437
1,300,437
1,300,437
1,300,437
1,300,437
1,300,437
571,514
—
952,576
—
—
2,948,896
—
—
Stock awards(7)
Company transaction
contribution under DC
SERP(8)
Total
$ 3,301,271 $ 2,208,619 $
Severance(1)
$
Mark J. Trabert
—
—
3,161,195 $
1,300,437 $
5,389,382 $
8,338,278
1,200,024 $
1,661,571
— $
— $
— $
—
—
—
—
—
STI(3)
273,600
273,600
273,600
—
273,600
273,600
Insurance Coverage(4)
—
—
—
—
15,826
15,826
Other perquisites(5)
—
—
—
—
9,202
9,202
29,527
29,527
29,527
29,527
29,527
29,527
168,710
—
275,396
—
—
851,686
—
Total
$
Severance(1)
$
—
—
—
—
—
748,766 $
303,127 $
578,523 $
29,527 $
1,528,180 $
2,841,412
— $
1,292,727 $
1,789,929
— $
— $
— $
Salary Continuance(2)
298,322
—
—
—
—
—
STI(3)
304,375
304,375
304,375
—
304,375
304,375
Insurance Coverage(4)
—
—
—
—
29,632
29,632
Other perquisites(5)
—
—
—
—
17,324
17,324
Option awards(6)
571,883
571,883
571,883
571,883
571,883
571,883
Stock awards(7)
Company transaction
contribution under DC
SERP(8)
139,336
—
282,264
—
—
881,319
—
Total
$ 1,313,915 $
Severance(1)
$
—
—
—
—
1,158,521 $
571,883 $
2,215,940 $
3,594,461
1,545,852 $
1,545,852
— $
— $
— $
257,642
—
—
—
—
—
STI(3)
252,784
252,784
252,784
—
252,784
252,784
Insurance Coverage(4)
—
—
—
—
12,849
12,849
Other perquisites(5)
—
—
—
—
26,632
26,632
Option awards(6)
—
—
—
—
—
—
97,952
—
158,956
—
—
491,369
—
—
—
1,237,968
Total
— $
—
876,258 $
Salary Continuance(2)
Stock awards(7)
Company transaction
contribution under DC
SERP(8)
37
—
3,126,834
276,929
Stock awards(7)
Company transaction
contribution under DC
SERP(8)
— $
—
3,126,834 $
Salary Continuance(2)
Option awards(6)
Patrick J. Roche
Voluntary
Termination
($)
521,139
Option awards
— $
Retirement(9)
($)
Involuntary
Termination
After a Change
in Control(10)
($)
Salary Continuance(2)
(6)
Jennifer Walter
Disability
($)
Involuntary
Termination
Without Cause
($)
—
$
608,378 $
—
252,784 $
411,740 $
— $
1,838,117 $
3,567,454