Company: TDY
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001193125-25-054478
Chunk: 66

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 66
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 2024 and the dollar value of each such award (based on percentage of base salary), with the dollar value of each participant’s 2023 award also shown as a comparison. The percentages are determined by historical grant practices, a review of long-term compensation against benchmark peers and the general industry group, internal pay equity consideration, adjustments for promotions and enhanced responsibilities, and, in the case of Dr. Mehrabian, the terms of his employment agreement. In addition, the Committee set each NEO’s award opportunity percentage to provide an equal value mix among the three components of Teledyne’s long-term compensation programs (stock options, cash-based performance plan, and performance-based restricted stock units), with each component representing 1/3 of the value of such executive’s target total long-term compensation.

| Name                 |     | 2024          
 RSU Award     
 (as % of Base 
 Salary)       |     | 2024 RSU  
 Award ($) |           |     | 2023 Restricted  Stock Award ($)  (for reference) |           |
|:---------------------|:----|:--------------|:----|:----------|----------:|:----|:--------------------------------------------------|----------:|
| Edwin Roks           |     | 120%          |     | $         | 1,080,000 |     | $                                                 |   330,000 |
| Stephen F. Blackwood |     | 80%           |     | $         |   416,000 |     | $                                                 |   180,000 |
| Robert Mehrabian     |     | 100%          |     | $         | 1,100,000 |     | $                                                 | 1,760,000 |
| George C. Bobb III   |     | 100%          |     | $         |   640,000 |     | $                                                 |   312,000 |
| Jason VanWees        |     | 100%          |     | $         |   575,000 |     | $                                                 |   240,750 |

The number of RSUs was determined by dividing the applicable dollar-denominated value by the average of the high and low stock prices for 20 trading days preceding the date of grant. As such, the dollar-denominated values of these awards are not equal to the accounting grant-date fair value of the awards, which we are required to disclose in the “Summary Compensation Table” later in this Proxy Statement. The