Proxy-12-28-2020 - Report - Page 18
COMPENSATION OF DIRECTORS
The aggregate cash remuneration for attending Board and committee meetings for all non-management directors, excluding
reimbursement of out-of-pocket expenses, was $566,250 for fiscal 2020.
During fiscal 2020, stock awards with a grant date fair value of $85,005 were granted to each non-management director under
the 2014 Moog Inc. Long Term Incentive Plan (the “2014 LTI Plan”), which provides that awards in a certain number of underlying
Class A shares or Class B shares may be granted to non-employee directors. Messrs. Gisel, Gundermann, Kayser, Lawrence, and
Lipke, and Mses. Coletti and Reichelderfer each were granted 989 Class B shares.
— 2020 DIRECTOR COMPENSATION —
Name
Janet M. Coletti
(2)
Fees Earned or
Paid in Cash
Stock
Awards (1)
All Other
Compensation
Total
$63,750
$85,005
—
$148,755
William G. Gisel, Jr.
$83,750
$85,005
—
$168,755
Peter J. Gundermann
$83,750
$85,005
—
$168,755
Kraig H. Kayser
$83,750
$85,005
—
$168,755
R. Bradley Lawrence
$83,750
$85,005
—
$168,755
Brian J. Lipke
$83,750
$85,005
—
$168,755
Brenda L. Reichelderfer
$83,750
$85,005
—
$168,755
(1) This column shows the aggregate grant date fair value of Class B shares granted in fiscal 2020. The following table shows
the number of Class B shares granted to each non-employee director during fiscal 2020.
(2) Ms. Coletti was elected to the Board of Directors in November 2019 and, as a result, only served as director of the
Company for portion of fiscal year 2020.
Name
Janet M. Coletti
Grant
Date
Common Stock
Number of
Shares Awarded
Market Price
on Grant Date
11/12/2019
Class B
989
$85.95
William G. Gisel, Jr.
11/12/2019
Class B
989
$85.95
Peter J. Gundermann
11/12/2019
Class B
989
$85.95
Kraig H. Kayser
11/12/2019
Class B
989
$85.95
R. Bradley Lawrence
11/12/2019
Class B
989
$85.95
Brian J. Lipke
11/12/2019
Class B
989
$85.95
Brenda L. Reichelderfer
11/12/2019
Class B
989
$85.95
The aggregate number of SARs on Class A and Class B shares held by each non-employee director as of October 3, 2020
was as follows:
SARs on Moog
Class B Shares
SARs on Moog
Class A Shares
—
—
William G. Gisel, Jr.
2,500
5,500
Peter J. Gundermann
2,500
8,500
Kraig H. Kayser
2,500
8,500
R. Bradley Lawrence
2,500
—
Brian J. Lipke
2,500
8,500
—
—
Name
Janet M. Coletti
Brenda L. Reichelderfer
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