SEC Form 4 · accession 0000067887-17-000048
MOOG INC. · MOGA/MOGB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence J Ball
Officer — Vice President
Period of report
Aug 3, 2017
Accepted (ET)
Aug 7, 2017 · 8:23 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000067887
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common | Aug 3, 2017 | M | 20,500 | $41.82 | A | 72,725 | D | |
| Class A CommonF1 | Aug 3, 2017 | F | 15,282 | $74.65 | D | 57,443 | D | |
| Class A Common | Aug 4, 2017 | S | 10,000 | $75.00 | D | 47,443 | D | |
| Class B CommonF2 | holding | — | — | — | 6,791 | I | 401 (k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SARF4,F5 | $41.82 | Aug 3, 2017 | M | 20,500 | D | — | Nov 30, 2021 | Class A Common | 20,500 | 0 | D |
| Option to BuyF3 | $42.45 | holding | — | — | — | Nov 26, 2010 | Nov 26, 2017 | Class A Common | 20,250 | 20,250 | D |
| SARF4,F5 | $61.69 | holding | — | — | — | — | Nov 11, 2023 | Class A Common | 10,000 | 10,000 | D |
| SARF4,F5 | $74.38 | holding | — | — | — | — | Nov 11, 2024 | Class A Common | 10,000 | 10,000 | D |
| SARF6,F5 | $63.04 | holding | — | — | — | — | Nov 17, 2025 | Class A Common | 3,333 | 3,333 | D |
| SARF6,F5 | $65.90 | holding | — | — | — | — | Nov 17, 2025 | Class B Common | 6,667 | 6,667 | D |
| SARF6,F5 | $71.65 | holding | — | — | — | — | Nov 15, 2026 | Class B Common | 10,000 | 10,000 | D |
Explanation of responses
- F1This represents the difference between the number of SARs exercised (20,500) and the number of shares issued as a result of the exercise (5,218). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the FMV on the date of exercise ($74.65) and the exercise price ($41.82). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
- F2Reflects shares held in Moog Inc. Retirement Savings Plan as of the most recent report to participants.
- F3Option to buy granted under the 1998 and/or 2003 Incentive Stock Option Plan.
- F4Stock Appreciation Rights (SAR) granted under the 2008 Stock Appreciation Rights Plan.
- F5SARs become exercisable ratably over three years beginning on the first anniversary from the date of grant.
- F6Stock Appreciation Rights (SAR) granted under the Moog Inc. 2014 Long Term Incentive Plan.