Company: TDY
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001193125-25-054478
Chunk: 87

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 87
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2025). The restricted stock units generally vest one year following the date of grant and are settled in shares of common stock on the date of vesting unless a director has elected to defer settlement of the award until such director’s separation from Board service. The restricted stock units also vest upon a change in control or the director’s separation from Board service for any reason, other than for removal. In 2024, the chair of the Audit Committee was paid an annual fee of $20,000 ($25,000 starting in 2025), the chair of the Personnel and Compensation Committee was paid an annual fee of $15,000 ($20,000 starting in 2025), the chair of the Nominating and Governance Committee was paid an annual fee of $12,500 ($15,000 starting in 2025) and our lead director was paid an annual fee of $30,000 ($40,000 starting in 2025). Our Nominating and Governance Committee reviews director compensation on an annual basis, which includes reviewing data on director compensation at peer companies provided by the Committee’s independent compensation consultant. Under the terms of our stockholder-approved Amended and Restated 2014 Incentive Award Plan, our non-employeedirectors aggregate annual cash and equity compensation is limited to a maximum of $750,000 during any calendar year. Under our stock ownership guidelines, each non-employeedirector is expected to own shares of Teledyne common stock equal in market value to at least five times the amount of the annual retainer ($550,000). A new director is expected to attain the minimum level of target ownership within a period of five years from the date he or she first becomes a director of the Company. Once achieved, the minimum level of stock ownership must be maintained for so long as the non-employeedirector retains their seat on the Board. The following table sets forth a summary of the compensation we paid to our non-employeedirectors in 2024.

| Name                 |     | Fees Earned or Paid in Cash ($) |         |     | Stock Awards ($)(1) |         |     | Option Awards ($) |   |     | Non-Equity Incentive Plan Compensation ($) |   |     | Change in Pension Value and Nonqualified Deferred Compensation Earnings ($) |   |     | All Other Compensation ($) |        |    |     | Total ($) |         |
|:---------------------|:----|:--------------------------------|--------:|:----|:--------------------|