SEC Form 4 · accession 0000067887-18-000003
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
Jan 12, 2018
Accepted (ET)
Jan 16, 2018 · 10:55 am EST
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 | Jan 12, 2018 | M | 10,000 | $61.69 | A | 47,443 | D | |
| Class A CommonF1 | Jan 12, 2018 | F | 7,937 | $90.30 | D | 39,506 | D | |
| Class A Common | holding | — | — | — | 37,443 | D | ||
| Class B CommonF2 | holding | — | — | — | 6,791 | I | 401 (k) | |
| Class B CommonF3 | holding | — | — | — | 165 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SARF4,F5 | $61.69 | Jan 12, 2018 | M | 10,000 | D | — | Nov 11, 2023 | Class A Common | 10,000 | 0 | 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 (10,000) and the number of shares issued as a result of the exercise (2,063). 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 ($90.30) and the exercise price ($61.69). 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.
- F3Reflects 165 shares of Class B Common acquired under the Moog Inc. Employee Stock Purchase Plan on December 31, 2017.
- 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.