Proxy-12-28-2020 - Report - Page 30
— 2020 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 2020 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
Donald R. Fishback
Vice President;
Former Chief Financial Officer;
and Director
Mark J. Trabert
Vice President;
President, Aircraft Controls
Maureen M. Athoe
Vice President;
President, Space and Defense
Year
(1)
Vice President;
President, Industrial Systems
Salary
Bonus
(3)
Stock
Awards(4)
SAR
Awards(5)
Non-Equity
Incentive Plan
Compensation(6)
All Other
Compensation(8)
Total
2020 $982,457 $
— $ 948,048 $ 750,022 $
395,866
$
2,011,729
$
69,114
$5,157,236
2019 $951,595 $
— $ 741,980 $ 600,151 $
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
137,501
$
141,111
$
27,768
2020 $463,755 $
— $ 318,844 $ 250,007 $
$1,338,986
2019
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$
—
2018
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$
—
2020 $596,502 $
— $ 174,508 $
— $
178,951
$
861,067
$
115,669
$1,926,697
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
2020 $485,696 $
— $ 223,472 $ 150,009 $
146,777
$
259,237
$
255,069
$1,520,260
2019 $451,122 $
— $ 220,257 $ 150,054 $
140,270
$
253,904
$
220,491
$1,436,098
2,546
$
117,704
$
190,659
$1,163,794
2020 $451,272 $
2018 $421,273 $ 86,853 $ 194,756 $ 150,003 $
— $ 218,278 $ 150,009 $
136,375
$
228,524
$
227,280
$1,411,738
2019 $437,091 $
— $ 215,222 $ 150,054 $
130,326
$
292,871
$
205,767
$1,431,331
n/a
n/a
2018
Patrick J. Roche
(2)
Change
in Pension
Value and
Non-Qualified
Deferred
Compensation
Earnings(7)
n/a
2020 $459,486 $
n/a
n/a
n/a
— $ 222,346 $ 150,009 $
n/a
144,424
n/a
6,591
$1,682,000
2019
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
2018
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$
699,144
$
(1) The years reported are the Company’s fiscal years ended October 3, 2020, September 28, 2019 and September 29, 2018.
(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. 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, the stock awards payable as part of the STI, and the stock bonus Mr. Fishback received.
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
18 to the audited financial statements in Moog’s Annual Report on Form 10-K for the fiscal year ended October 3, 2020.
(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 18 to the audited financial statements in Moog’s Annual Report on Form 10-K for the fiscal
year ended October 3, 2020.
(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.
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