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Mercury Systems Inc&LImportant Notice Regarding the &*Proposals and Board Recommendat9Our Board of Directors!OOur Board of Directors (1)&\Corporate Governance Highlights?qTABLE OF CONTENTS&YPROPOSAL 1 ELECTION OF TWO CLAS&PROPOSAL 1 ELECTION OF TWO (1)&vCorporate Governance Highli (1)&How often did the Board and Com&mCash Compensation for NonEmploy&vNonEmployee Director Compensati EQUITY COMPENSATION PLANS New Plan Benefits&Y Who owns more than 5 of our sto&/How much stock does each of Mer&DWho are Mercury s executive off&TSayOnPay Shareholder Vote Resul&5aHow We Determine Executive Comp&LsHow We Determine Executive (1)DBase SalaryȓBase Salary (1)&HExecutive Bonus Program for Fis&$Fiscal 2018 First Half Payout F&6Fiscal 2018 Full Year Payout FoOverAchievement Awards&Fiscal 2018 Restricted Stock Aw&Vesting of Prior Period Perform&
Vesting of Prior Period Per (1)&8Fiscal 2019 Restricted Stock Aw!_/Summary Compensation Table%TSummary Compensation Table (1)%fSummary Compensation Table (2)&{Grants of PlanBased Awards Fisc&Vesting Formulas for the Fiscal&$Vesting Formulas for the Fi (1)&Vesting Formula for Acquisition&Vesting Formulas for the Promot&Vesting Formulas for the Pr (1)&Outstanding Equity Awards at Fi&DVesting Formula for the Fiscal &SVesting Formulas for the Fi (2)&KdVesting Formulas for the Fi (3)&tVesting Formulas for the Fi (4)&Vesting Formulas for the Fi (5)&Vesting Formula for Acquisi (1)&sVesting Formulas for the Fi (6)&۵Vesting Formulas for the Fi (7)&Vesting Formulas for the Pr (2)&>Vesting Formulas for the Pr (3)&HOption Exercises and Stock Vest#Pension Benefits Fiscal 2018&Agreements with Named Executive&Agreements with Named Execu (1)(NonCEO Executives&;What were the fees of our indep&KYou may obtain a copy of our anX
Appendix B
l
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }$ }*
MERCURY SYSTEMS INCDEF 14A
09/07/2018Mercury Systems, Inc.
Sincerely yours,Mark Aslett,
+
#President, Chief Executive Officer,and Director$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,sg[Cth@=PF0*8X>
@
l *
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }$ }m)
MERCURY SYSTEMS INCDEF 14A
09/07/2018kcImportant Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Shareholde
*
"By Order of the Board of DirectorsChristopher C. Cambria
Secretary$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*h=1%
uTH<=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the Our Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }}$
MERCURY SYSTEMS INCDEF 14A
09/07/2018+#Proposals and Board Recommendations
No.
Proposal Summary&
Board's Voting Recommendations~
+#Election of Two Class III DirectorsFOR each nominee~
/'Advisory Vote on Executive CompensationFOR
(SayonPay)~
1)Approval of Our 2018 Stock Incentive PlanFOR~
6.Ratification of Appointment of Our IndependentFOR%Registered Public Accounting Firm forFiscal 2019$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.[}qeYMW:=PF0*8X>
@
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }*}}8}}}U}
MERCURY SYSTEMS INCDEF 14A
09/07/2018Our Board of Directors
Committee MembershipsNameDirector SincePrimary OccupationIndependent
AC
CCNGCGRCM&AMark Aslett~
^)!President and CEO Mercury Systems
No
James K. Bass~
j/
'Former President and CEO Piper Aircraft
Yes
M, F
MMichael A. Daniels~
j6.Former Chairman and CEO Mobile 365 and NetworkYes C M M SolutionsLisa S. Disbrow~
7/Under Secretary of the U.S. Air Force (Retired)YesM, F CMary Louise Krakauer~
%Former Executive Dell and EMCYes MGeorge K. Mueller~
j+#Former Executive The Boeing CompanyYes M M CMark S. Newman~
~0(Former Chairman and CEO DRS TechnologiesYesM, F M MWilliam K. O'Brien~
b4,Former Executive Chairman Enterasys NetworksYesC, F M M+#Vincent Vitto Chairman of the Board~
Z.&Former President and CEO Charles StarkYes M C MDraper Laboratory$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:>~rfZYw"m{oG=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of Directors!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }$ }+}
MERCURY SYSTEMS INCDEF 14A
09/07/2018Our Board of Directors
AC = Audit Committee,
$GRC = Government Relations Committee
M = Member#CC = Compensation Committee'M&A = M&A and Finance CommitteeC = Committee Chair/'NGC = Nominating & Governance CommitteeF = Financial Expert
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/()T~rfZG=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)TABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }U5}I }6}
MERCURY SYSTEMS INCDEF 14A
09/07/2018'Corporate Governance Highlights (
Board and Governance Information
(
Board and Governance Information
&Size of the Board of Directors~
&.&Board Meetings Held During Fiscal 2018~
*"Number/ % of Independent Directors8/ 88%Poison Pill
No
Average Age of Directors~
Proxy Access
NoAverage Director Tenure7 years3+Code of Conduct Business Conduct and EthicsYesWomen Board Members22%0(Stock Ownership Guidelines for DirectorsYesand CEO%Classified Board of DirectorsYes*"AntiHedging and Pledging PoliciesYes%Majority Voting in Director ElectionsYes$Compensation Clawback PolicyYes.&Plurality Voting in Contested DirectorYes!Separate Chairman and CEOYes Elections3+Annual Board and Committee SelfAssessmentsYes3+Ongoing Shareholder Outreach and EngagementYes( Annual Director Peer AssessmentsYes2*Capital Structure with One Vote per CommonYes
Share4,Limited Membership on Other Public Co BoardsYes.&Succession Planning Process for SeniorYes
Management%Board Committees are 100% IndependentYes5Regular Executive Sessions without ManagementYes Directors$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/D
lui]Q!9dxb1{fZ2=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance Highlights!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }8}
0
MERCURY SYSTEMS INCDEF 14A
09/07/2018TABLE OF CONTENTS
Page/'QUESTIONS AND ANSWERS ABOUT THESE PROXY~
MATERIALS AND VOTING7/PROPOSAL 1: ELECTION OF TWO CLASS III DIRECTORS~
CORPORATE GOVERNANCE~
.DIRECTOR COMPENSATION~
N!EQUITY COMPENSATION PLANS~
V.&PROPOSAL 2: ADVISORY VOTE ON EXECUTIVE~
Z#COMPENSATION ("SAYONPAY")4,PROPOSAL 3: APPROVAL OF 2018 STOCK INCENTIVE~
^PLAN/'PROPOSAL 4: RATIFICATION OF APPOINTMENT~
n3+OF INDEPENDENT REGISTERED PUBLIC ACCOUNTINGFIRMVOTING SECURITIES~
rEXECUTIVE OFFICERS~
z,$COMPENSATION DISCUSSION AND ANALYSIS~
~,$REPORT OF THE COMPENSATION COMMITTEE~
%REPORT OF THE AUDIT COMMITTEE~
0(INDEPENDENT REGISTERED PUBLIC ACCOUNTING~
FIRMDHlwk_G/i;r,i= !"#$%&'()*+,./ %COMPENSATION COMMITTEE INTERLOCKS AND~
!INSIDER PARTICIPATION4",SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING~
"
#
COMPLIANCE1$)SHAREHOLDER PROPOSALS FOR THE 2019 ANNUAL~
$
%MEETING&
OTHER MATTERS~
&
"'ANNUAL REPORT ON FORM 10K~
'((.)&Appendix A  2018 Stock Incentive Plan~
)+*#Appendix B  Reconciliation between~
*J +adjusted EBITDA and GAAP,$____________________________1.)Created by Morningstar Document Research.0/(http://documentresearch.morningstar.com/$,ZD{;=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }*}}8}}}U}
MERCURY SYSTEMS INCDEF 14A
09/07/20187/PROPOSAL 1: ELECTION OF TWO CLASS III DIRECTORS
Committee MembershipsNameDirector SincePrimary OccupationIndependent
AC
CCNGCGRCM&AMark Aslett~
^)!President and CEO Mercury Systems
No
James K. Bass~
j/
'Former President and CEO Piper Aircraft
Yes
M, F
MMichael A. Daniels~
j6.Former Chairman and CEO Mobile 365 and NetworkYes C M M SolutionsLisa S. Disbrow~
7/Under Secretary of the U.S. Air Force (Retired)YesM, F CMary Louise Krakauer~
%Former Executive Dell and EMCYes MGeorge K. Mueller~
j+#Former Executive The Boeing CompanyYes M M CMark S. Newman~
~0(Former Chairman and CEO DRS TechnologiesYesM, F M MWilliam K. O'Brien~
b4,Former Executive Chairman Enterasys NetworksYesC, F M M+#Vincent Vitto Chairman of the Board~
Z.&Former President and CEO Charles StarkYes M C MDraper Laboratory$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:WqeYMA@^ TbV.=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }$ }+}
MERCURY SYSTEMS INCDEF 14A
09/07/20187/PROPOSAL 1: ELECTION OF TWO CLASS III DIRECTORS
AC = Audit Committee,
$GRC = Government Relations Committee
M = Member#CC = Compensation Committee'M&A = M&A and Finance CommitteeC = Committee Chair/'NGC = Nominating & Governance CommitteeF = Financial Expert
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(BTqeYMA.=PF0*8X>
@2
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }U5}I }6}
MERCURY SYSTEMS INCDEF 14A
09/07/2018'Corporate Governance Highlights (
Board and Governance Information
(
Board and Governance Information
&Size of the Board of Directors~
&.&Board Meetings Held During Fiscal 2018~
*"Number/ % of Independent Directors8/ 88%Poison Pill
No
Average Age of Directors~
Proxy Access
NoAverage Director Tenure7 years3+Code of Conduct Business Conduct and EthicsYesWomen Board Members22%0(Stock Ownership Guidelines for DirectorsYesand CEO%Classified Board of DirectorsYes*"AntiHedging and Pledging PoliciesYes%Majority Voting in Director ElectionsYes$Compensation Clawback PolicyYes.&Plurality Voting in Contested DirectorYes!Separate Chairman and CEOYes Elections3+Annual Board and Committee SelfAssessmentsYes3+Ongoing Shareholder Outreach and EngagementYes( Annual Director Peer AssessmentsYes2*Capital Structure with One Vote per CommonYes
Share4,Limited Membership on Other Public Co BoardsYes.&Succession Planning Process for SeniorYes
Management%Board Committees are 100% IndependentYes5Regular Executive Sessions without ManagementYes Directors$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/D
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }}$ }<}$ }<}$ }}$ }} $ }
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MERCURY SYSTEMS INCDEF 14A
09/07/2018G?How often did the Board and Committees meet during fiscal 2018?
Name
Audit
Compensation
Nominating
M&A and Finance
&
Government Relations CommitteeCommittee(1) Committeeand Governance Committee Committee
James K. Bass
X
Alternate
Michael A. DanielsChairman X X
Lisa S. Disbrow X
ChairmanMary Louise Krakauer X
George K. Muellner XChairman
XMark S. Newman X X
XWilliam K. O?BrienChairman X X
Vincent Vitto XChairman
X%Number of Meetings During Fiscal 2018~
&~
~
~
~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:paUI=1EMxCUI==PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }1}$ }0
MERCURY SYSTEMS INCDEF 14A
09/07/2018D<Cash Compensation for NonEmployee Directors for Fiscal 2018 )
!Independent Chairman of the Board
$45,000 per annum'Chairman of the Audit Committee25,000 per annum.&Chairman of the Compensation Committee20,000 per annum1
)Chairman of the Nominating and Governance
12,000 per annum Committee$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*~hdXL@4g
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmployEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }}$
MERCURY SYSTEMS INCDEF 14A
09/07/20186.NonEmployee Director Compensation Fiscal 2018
Name
Fees Earned
Restricted Stock
Total
Awards ($)(1)
James K. Bass~
b[~
5 ~
Michael A. Daniels
~
~
5
~
Lisa S. Disbrow~
b[~
~
^Mary Louise Krakauer~
b[~
~
^George K. Muellner~
b[~
5 ~
Mark S. Newman~
b[~
5 ~
William K. O?Brien~
~
5 ~
Vincent Vitto~
~
5 ~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6A rfZNB.B%w\PD=PF0*8X>
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
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MERCURY SYSTEMS INCDEF 14A
09/07/2018!EQUITY COMPENSATION PLANS
Plan Category
Number of
WeightedAverage
4
,Number of Securities Remaining Available for
Securities to beExercise Price of1 )Future Issuance under Equity CompensationIssuedOutstandingB :Plans (excluding securities reflected in the first column)
upon Exercise of
Options, WarrantsOutstanding
and RightsOptions,Warrants and
Rights (1)%Equity compensation plans approved by~
6~
Gz@~
o
~
shareholders (2).&Equity compensation plans not approved   
by shareholders
TOTAL~
6Gz@~
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }6}$ }$}$ }}$
MERCURY SYSTEMS INCDEF 14A
09/07/2018New Plan Benefits
Stock Options
Restricted StockName and PositionDollar ValueNumber Average Exercise Price
Dollar Value (1)Number2*Mark Aslett, President and Chief Executive
$ 
$~
~
4
Officer5Christopher C. Cambria, EVP, General Counsel,   ~
,~
and Secretary0(Michael D. Ruppert, EVP, Chief Financial   ~
V~
6 Officer, and Treasurer1)Didier M.C. Thibaud, EVP, Chief Operating   ~
Bu~
yOfficer)!All executive officers as a group   ~
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
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MERCURY SYSTEMS INCDEF 14A
09/07/2018+#Who owns more than 5% of our stock?
Name of Beneficial Owner
Number of
PercentShares
ofBeneficially
Class
OwnedBlackRock, Inc. (1)~
~
> %The Vanguard Group (2)~
֏~
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
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MERCURY SYSTEMS INCDEF 14A
09/07/2018SKHow much stock does each of Mercury s directors and executive officers own? 
%Name and Address of Beneficial Owner*
Number of
PercentShares
ofBeneficially Class (1)
Owned (1)Mark Aslett (2)~
BO~
%James K. Bass (3)~
>"
**Michael A. Daniels (4)~
N
**Lisa S. Disbrow (5)~
O
** Mary Louise Krakauer (6)~
O
**George K. Muellner (7)~
T
**Mark S. Newman (8)~
2(
**William K. O?Brien (9)~
z
**Vincent Vitto (10)~
**#Christopher C. Cambria (11)~
**Michael D. Ruppert (12)~
z
** Didier M.C. Thibaud (13)~
**/'All directors and executive officers as~
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }$}$ }2
MERCURY SYSTEMS INCDEF 14A
09/07/2018%Who are Mercury s executive officers?
Name
PositionMark Aslett%President and Chief Executive OfficerChristopher C. Cambria2*Executive Vice President, General Counsel,
and SecretaryMichael D. Ruppert1)Executive Vice President, Chief FinancialOfficer, and TreasurerDidier M.C. Thibaud1)Executive Vice President, Chief OperatingOfficer$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2{ocWK'?u=PF0*8X>
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }}
MERCURY SYSTEMS INCDEF 14A
09/07/2018+#SayOnPay Shareholder Vote Results *
"Historical SayOnPay Vote Results% Voted For97.54%97.38%99.39%Year~
~~
~
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
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MERCURY SYSTEMS INCDEF 14A
09/07/2018/'How We Determine Executive Compensation
ADTRAN, Inc.
Ducommun Incorporated
Netgear Inc.AeroVironment, Inc.
Gigamon, Inc.NetScout Systems, Inc.Analogic Corporation)!Novanta Inc. (fka GSI Group Inc.)%Progress Software Corporation
Astronics Corporation
Infinera Corporation
Qualys, Inc.Brooks Automation, Inc.InvenSense, Inc.Ruckus Wireless, Inc.CalAmp Corp.iRobot CorporationShore Tel, Inc.Cognex CorporationIxiaSonus Networks, Inc.( Comtech Telecommunications Corp.1)Kratos Defense & Security Solutions, Inc.
Sparton Corp.
Cray, Inc..&M/ACOM Technology Solutions Holdings,Vicor Corp.Inc.Digi International Inc.MKS Instruments, Inc.$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8^ymaUI
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }'}$ }1}$ }y#
MERCURY SYSTEMS INCDEF 14A
09/07/2018/'How We Determine Executive Compensation
ADTRAN, Inc.
Cray, Inc.
MKS Instruments, Inc.AeroVironment, Inc.Digi International Inc.Netgear Inc.Analogic CorporationDucommun IncorporatedNetScout Systems, Inc.
Astronics Corporation
)
!Novanta Inc. (fka GSI Group Inc.)
%
Progress Software CorporationBrooks Automation, Inc.Infinera CorporationQualys, Inc.CalAmp Corp.iRobot Corporation
Sparton Corp.Cognex Corporation1)Kratos Defense & Security Solutions, Inc.Vicor Corp.( Comtech Telecommunications Corp..&M/ACOM Technology Solutions Holdings,Inc.$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2EymaUI
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)Base Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }6}$
MERCURY SYSTEMS INCDEF 14A
09/07/2018Base Salary )
!Named Executive Officer and Title

%Fiscal 2018 Salary (effective October1, 2017)2*Mark Aslett, President and Chief Executive~
$
Officer5Christopher C. Cambria, EVP, General Counsel,~
"
and Secretary0(Michael D. Ruppert, EVP, Chief Financial~
"Officer, and Treasurer1)Didier M.C. Thibaud, EVP, Chief Operating~
Officer$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4}qe)7$R0=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base Salary!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }6}$
MERCURY SYSTEMS INCDEF 14A
09/07/2018Base Salary )
!Named Executive Officer and Title

%Fiscal 2019 Salary (effective October1, 2018)2*Mark Aslett, President and Chief Executive~
B%
Officer5Christopher C. Cambria, EVP, General Counsel,~
RX
and Secretary0(Michael D. Ruppert, EVP, Chief Financial~
ROfficer, and Treasurer1)Didier M.C. Thibaud, EVP, Chief Operating~
Officer$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4}qe)7$R0=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }6}$ }}$ }
MERCURY SYSTEMS INCDEF 14A
09/07/2018/'Executive Bonus Program for Fiscal 2018 )
!Named Executive Officer and Title
Target Bonus as
Portiona Percentage ofRelated to CorporateBase SalaryFinancial Performance
Objectives2*Mark Aslett, President and Chief Executive150%100%Officer5Christopher C. Cambria, EVP, General Counsel,90%100%
and Secretary0(Michael D. Ruppert, EVP, Chief Financial90%100%Officer, and Treasurer1)Didier M.C. Thibaud, EVP, Chief Operating110%100%Officer$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8#ymaUI
;+$vN=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }0}$ }+}$ }a
MERCURY SYSTEMS INCDEF 14A
09/07/2018%Fiscal 2018 First Half Payout Formula /
' Adjusted EBITDA Target (for first half
'
Percentage to be Paid for Bonus
Threshold, Target,of fiscal year)and MaximumLess than $49.4 million
%Below Threshold
$49.4 million
50%
Threshold0(Greater than $49.4 million but less than,$Proportionate % between 50% and 100% 
$51.4 million
$51.4 million100%Target"Greater than $51.4 million100%Maximum$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2_{ocWK{%lw
=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout FOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }U5}$ }+}$ }$
MERCURY SYSTEMS INCDEF 14A
09/07/2018,$Fiscal 2018 Full Year Payout Formula 4
, Adjusted EBITDA Target (for the full fiscal
'
Percentage to be Paid for Bonus
&
Threshold, Target, and Maximum
year)Less than $97.3 million
%Below Threshold
$97.3 million
50%
Threshold0(Greater than $97.3 million but less than,$Proportionate % between 50% and 100% $111.3 million$111.3 million100%Target#Greater than $111.3 million100%Maximum$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2pdXLkZH<0=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout Fo!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }m}$ }m}$ }m}$ }}$ }0.
MERCURY SYSTEMS INCDEF 14A
09/07/2018OverAchievement Awards 4
,Fiscal 2018 Executive Bonus Plan Performance%July 1, 2017  December 31, 2017 (H1)0(July 1, 2017  June 30, 2018 (Full Year).&Full Fiscal 2018 OverAchievement PoolAdjusted EBITDAAdjusted EBITDAAdjusted EBITDA
Threshold
Target
Threshold
Target
Above Target  Maximum/'Company Financial Performance (AdjustedEBITDA)
$49.4 million
$51.4 million
$97.3 million$111.3 million'$111.3 million  $117.7 million% Payout of Bonus50%100%50%100%
Up to 100%3+H1 Actual Adjusted EBITDA was $51.9 million.&FY18 Actual Adjusted EBITDA was $108.4.&FY18 Actual Adjusted EBITDA was $108.4millionmillion100% H1 Actual Payout79.3% Actual Payout 0% Actual!H1 (Paid in January 2018)'Full Year (Paid in August 2018)Unearned$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/< }qeYVAXL@=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }6}$ }}$ }}$ }}
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MERCURY SYSTEMS INCDEF 14A
09/07/2018+#Fiscal 2018 Restricted Stock Awards
)
!Named Executive Officer and Title
+
#Annual PerformanceBased Restricted
+
#Annual TimeBased Restricted Shares
/
'Integration Incentive PerformanceBased
.
&Promotion PerformanceBased Restricted
.
&Promotion TimeBased Restricted Shares
Total (# of shares)Shares
(# of shares)Restricted Shares
Shares (# of shares) (3)
(# of shares) (3)(# of shares) (1)(# of shares) (2)2
*Mark Aslett, President and Chief Executive
~
.M
~
.M
~
Z


~
4
Officer5Christopher C. Cambria, EVP, General Counsel,~
w~
w 

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and Secretary0(Michael D. Ruppert, EVP, Chief Financial~
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6 "Officer, and Treasurer (3)2*Didier M.C. Thibaud, EVP , Chief Operating~
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yOfficer$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6S}qeYM'wwQQ>2
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }I"}$ }2}$ }
MERCURY SYSTEMS INCDEF 14A
09/07/2018IAVesting of Prior Period PerformanceBased Restricted Stock Awards $
Fiscal 20162018 Performance
Vesting %
Threshold/Cap"(Adjusted EBITDA/ Revenue)
Less than 12%
%Below Threshold
Equal to 12%
66.67%
ThresholdBetween 12% and 18%2*Straight line interpolation between 66.67%and 100%Equal to 18%100%Target and CapGreater than 18%100%Capped at 100%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2$_SG;/_5 QE9=PF0*8X>
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }I"}$ }0.}$ }
MERCURY SYSTEMS INCDEF 14A
09/07/2018IAVesting of Prior Period PerformanceBased Restricted Stock Awards
Fiscal 2018 Performance
Vesting % (2)
Threshold/Cap$Pro Forma Revenue Growth (1)"Less than or equal to 7.5%
%Below Threshold
Between 7.5% and 10%
.
&Straight line interpolation between 0%
and 100%Equal to 10%100%CapGreater than 10%100%Capped at 100%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0_SG;/^Uh=PF0*8X>
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)Summary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }6}$ }}$ }}$ }} $
MERCURY SYSTEMS INCDEF 14A
09/07/2018+#Fiscal 2019 Restricted Stock Awards )
!Named Executive Officer and Title
+
#Annual PerformanceBased Restricted
+
#Annual TimeBased Restricted Shares
Total (# of shares)Shares
(# of shares)(# of shares) (1)2
*Mark Aslett, President and Chief Executive
~
~
~
Officer5Christopher C. Cambria, EVP, General Counsel,~
Nw~
Rw~
and Secretary0(Michael D. Ruppert, EVP, Chief Financial~
~
~
. Officer, and Treasurer2*Didier M.C. Thibaud, EVP , Chief Operating~
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock Aw Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }U5}}$
#
MERCURY SYSTEMS INCDEF 14A
09/07/2018"Summary Compensation Table
#
Name and Principal Position
Fiscal
Salary
Bonus
Stock
Option
NonEquity
Change in
All Other
TotalYear
Awards (1)AwardsIncentive PlanPensionCompensation (4)
Compensation (2) Value and
NonQualified
Deferred
Compensation
Earnings (3)1)Mark Aslett President and Chief Executive~
~
#
$~
$
~
?1
$~
b~
MOfficer~
~
.! ~
Y

~
." ~
z~
R+~
~
VU! ~
v`W

~
J ~
z~
/'Christopher C. Cambria (5) EVP, General~
~
b ~
,

~
~
^~
NBTCounsel, and Secretary~
~
N ~
l

~
~
>t~
+1)Gerald M. Haines II (6) Former EVP, Chief~
~

 

 ~
/!~
].( Financial Officer, and Treasurer~
~
: ~
&P

~
b ~
6~
r~
~
~
~6

~
~
~
Y;3+Michael D. Ruppert (7) EVP, Chief Financial~
~
b ~
2

~
~
:~
ROfficer and Treasurer4,Didier M.C. Thibaud (8) EVP, Chief Operating~
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MERCURY SYSTEMS INCDEF 14A
09/07/2018"Summary Compensation Table
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MERCURY SYSTEMS INCDEF 14A
09/07/2018"Summary Compensation Table
Name
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09/07/2018/'Grants of PlanBased Awards Fiscal 2018
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MERCURY SYSTEMS INCDEF 14A
09/07/2018]UVesting Formulas for the Fiscal 2018 Annual PerformanceBased Restricted Share Awards
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MERCURY SYSTEMS INCDEF 14A
09/07/2018]UVesting Formulas for the Fiscal 2018 Annual PerformanceBased Restricted Share Awards
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MERCURY SYSTEMS INCDEF 14A
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MERCURY SYSTEMS INCDEF 14A
09/07/2018TLVesting Formulas for the Promotion PerformanceBased Restricted Share Awards +
#January 1, 2018  December 31, 2020
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MERCURY SYSTEMS INCDEF 14A
09/07/2018TLVesting Formulas for the Promotion PerformanceBased Restricted Share Awards +
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09/07/201891Outstanding Equity Awards at Fiscal YearEnd 2018
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }I;}$ }2}$ }$
MERCURY SYSTEMS INCDEF 14A
09/07/2018UMVesting Formula for the Fiscal 2016 PerformanceBased Restricted Share Awards 9
1Ratio of Adjusted EBITDA/ Revenue for Performance
Vesting %
&
Threshold, Target, and MaximumPeriod
Less than 12%
%Below Threshold
Equal to 12%
66.67%
ThresholdBetween 12% and 18%2*Straight line interpolation between 66.67%and 100%18% or more100%Target (Capped)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0SG;/#SAyQ=PF0*8X>
@
l c
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }@}$ }0}$ }
MERCURY SYSTEMS INCDEF 14A
09/07/2018]UVesting Formulas for the Fiscal 2017 Annual PerformanceBased Restricted Share Awards
Fiscal 20172019
Vesting %
Threshold/Cap3+Company Adjusted EBITDA/ Revenue Percentile/'Compared to Peer Group Adjusted EBITDA/
Revenue Percentile (a)&Less than 25 th percentile
%Below Threshold%Equal to 25 th percentile100% Threshold=5Between 25 th percentile and 90 th percentile0(Straight line interpolation between 100%and 300%%Equal to 90 th percentile300%Cap)!Greater than 90 th percentile300%Capped at 300%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6K?3'}F [tL=PF0*8X>
@
l /t
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }@}$ }0}$ }
MERCURY SYSTEMS INCDEF 14A
09/07/2018]UVesting Formulas for the Fiscal 2017 Annual PerformanceBased Restricted Share Awards
Fiscal 20172019
Vesting %
Threshold/Cap2*Company Revenue Growth Percentile Compared
to Peer Group&
Less than 25 th percentile
%
Below Threshold%Equal to 25 th percentile100% Threshold=5Between 25 th percentile and 90 th percentile0(Straight line interpolation between 100%and 300%%Equal to 90 th percentile300%Cap)!Greater than 90 th percentile300%Capped at 300%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4K?3'}G.]8=PF0*8X>
@
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }@}$ }0}$ }
MERCURY SYSTEMS INCDEF 14A
09/07/2018]UVesting Formulas for the Fiscal 2018 Annual PerformanceBased Restricted Share Awards
Fiscal 20182020
Vesting %
Threshold/Cap3+Company Adjusted EBITDA/ Revenue Percentile/'Compared to Peer Group Adjusted EBITDA/
Revenue Percentile (a)&Less than 25 th percentile
%Below Threshold=5Between 25 th percentile and 75 th percentile.&Straight line interpolation between 0% Thresholdand 200%=5Between 75 th percentile and 90 th percentile0(Straight line interpolation between 200%and 300%%Equal to 90 th percentile300%Cap)!Greater than 90 th percentile300%Capped at 300%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8K?3'}F!&=PF0*8X>
@
l b
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }@}$ }0}$ }
MERCURY SYSTEMS INCDEF 14A
09/07/2018]UVesting Formulas for the Fiscal 2018 Annual PerformanceBased Restricted Share Awards
Fiscal 20182020
Vesting %
Threshold/Cap2*Company Revenue Growth Percentile Compared
to Peer Group&
Less than 25 th percentile
%
Below Threshold=5Between 25 th percentile and 75 th percentile.&Straight line interpolation between 0% Thresholdand 200%=5Between 75 th percentile and 90 th percentile0(Straight line interpolation between 200%and 300%%Equal to 90 th percentile300%Cap)!Greater than 90 th percentile300%Capped at 300%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6:K?3'}G.#^2cWK#=PF0*8X>
@
l
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }}$ }0.}$ }
MERCURY SYSTEMS INCDEF 14A
09/07/2018aYVesting Formula for Acquisition Integration Incentive Performance Restricted Stock Awards
Fiscal 2018 Performance
Vesting % (2)
Threshold/Cap Pro Forma Revenue Growth"Less than or equal to 7.5%
%Below Threshold
Between 7.5% and 10%
.
&Straight line interpolation between 0%
and 100%Equal to 10%100%CapGreater than 10%100%Capped at 100%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0G;/#nJmAT=PF0*8X>
@
l N
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }$4}$ }}$ }
MERCURY SYSTEMS INCDEF 14A
09/07/2018_WVesting Formulas for the Fiscal 2017 New Hire PerformanceBased Restricted Share Awards
Fiscal 20172019
Vesting %
Threshold/Cap3+Company Adjusted EBITDA/ Revenue Percentile/'Compared to Peer Group Adjusted EBITDA/
Revenue Percentile (a)&Less than 25 th percentile
%Below Threshold%Equal to 25 th percentile100%Threshold; Cap)!Greater than 25 th percentile100%Capped at 100%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0I=1%{Dj=PF0*8X>
@
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }2}$ }}$ }
MERCURY SYSTEMS INCDEF 14A
09/07/2018_WVesting Formulas for the Fiscal 2017 New Hire PerformanceBased Restricted Share Awards
Fiscal 20172019
Vesting %
Threshold/Cap2*Company Revenue Growth Percentile Compared
to Peer Group!
Less than 25th percentile
%
Below Threshold Equal to 25th percentile100%Threshold; Cap$Greater than 25th percentile100%Capped at 100%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.WI=1%{E,`=PF0*8X>
@
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }@}$ }0.}$ }
MERCURY SYSTEMS INCDEF 14A
09/07/2018TLVesting Formulas for the Promotion PerformanceBased Restricted Share Awards +
#January 1, 2018  December 31, 2020
Vesting %
Threshold/Cap3+Company Adjusted EBITDA/ Revenue Percentile/'Compared to Peer Group Adjusted EBITDA/
Revenue Percentile (a)&Less than 25 th percentile
%Below Threshold=5Between 25 th percentile and 50 th percentile.&Straight line interpolation between 0% Thresholdand 100%%Equal to 50 th percentile100%Cap)!Greater than 50 th percentile100%Capped at 100%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4TH<0$s< P=PF0*8X>
@
l
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }@}$ }0.}$ }
MERCURY SYSTEMS INCDEF 14A
09/07/2018TLVesting Formulas for the Promotion PerformanceBased Restricted Share Awards +
#January 1, 2018  December 31, 2020
Vesting %
Threshold/Cap2*Company Revenue Growth Percentile Compared
to Peer Group&
Less than 25 th percentile
%
Below Threshold=5Between 25 th percentile and 50 th percentile.&Straight line interpolation between 0% Thresholdand 100%%Equal to 50 th percentile100%Cap)!Greater than 50 th percentile100%Capped at 100%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2WTH<0$s=$=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)Pension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }$}$ }$}$ }
}
$
MERCURY SYSTEMS INCDEF 14A
09/07/20187/Option Exercises and Stock Vested  Fiscal 2018
Option Awards
Stock AwardsName Number ofValue Realized Number ofValue RealizedShareson Exercise ($) Shareson Vesting ($)
Acquired on
Acquired onExercise (#) Vesting (#)Mark Aslett 
$~
J
~
CChristopher C. Cambria  ~
R
~
V$Michael D. Ruppert  ~
~
Didier M.C. Thibaud  ~
{
~
~$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4X qeYMA8R1%=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock Vest!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
Appendix BU }}$ }$}$ } }
$
MERCURY SYSTEMS INCDEF 14A
09/07/2018$Pension Benefits Fiscal 2018
Name
Plan Name
Number of Years
Present Value of
Payments DuringCredited ServiceAccumulated Benefit(1)
Fiscal 2018Didier M.C. ThibaudRetirement Indemnitiesfffff4@~
$
Pension Plan$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(Txl`ThuiA=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
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MERCURY SYSTEMS INCDEF 14A
09/07/20180(Agreements with Named Executive Officers
Cash Severance (1)
Health
TotalBenefits (2)%Involuntary Termination Without Cause~
[~
~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??:Mercury Systems Inc!Important Notice Regarding the !Proposals and Board RecommendatOur Board of DirectorsOur Board of Directors (1)!Corporate Governance HighlightsTABLE OF CONTENTS!PROPOSAL 1 ELECTION OF TWO CLAS!PROPOSAL 1 ELECTION OF TWO (1)!Corporate Governance Highli (1)!How often did the Board and Com!Cash Compensation for NonEmploy!NonEmployee Director CompensatiEQUITY COMPENSATION PLANSNew Plan Benefits!Who owns more than 5 of our sto!How much stock does each of Mer!Who are Mercury s executive off!SayOnPay Shareholder Vote Resul!How We Determine Executive Comp!How We Determine Executive (1)
Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named ExecutiveNonCEO Executives!What were the fees of our indep!You may obtain a copy of our an
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MERCURY SYSTEMS INCDEF 14A
09/07/20180(Agreements with Named Executive Officers
Cash
Health Benefits (1)
Outplacement
Total Severance
ServicesChristopher C. Cambria~
"~
~
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Michael D. Ruppert
~
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~
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Didier M.C. Thibaud~
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)!What were the fees of our indep!You may obtain a copy of our an
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MERCURY SYSTEMS INCDEF 14A
09/07/2018NonCEO Executives
Name
Salary/Bonus
Restricted Stock
Outplacement
Health
TotalLump SumAcceleration (1)
Services (2)
Benefits (3)Mark Aslett~
~
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~
~
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Christopher C. Cambria
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!You may obtain a copy of our an
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MERCURY SYSTEMS INCDEF 14A
09/07/2018kcWhat were the fees of our independent registered public accounting firm for services rendered to us
Fiscal 2018
Fiscal 2017
Audit~
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Base SalaryBase Salary (1)!Executive Bonus Program for Fis!Fiscal 2018 First Half Payout F!Fiscal 2018 Full Year Payout FoOverAchievement Awards!Fiscal 2018 Restricted Stock Aw!Vesting of Prior Period Perform!Vesting of Prior Period Per (1)!Fiscal 2019 Restricted Stock AwSummary Compensation Table Summary Compensation Table (1) Summary Compensation Table (2)!Grants of PlanBased Awards Fisc!Vesting Formulas for the Fiscal!Vesting Formulas for the Fi (1)!Vesting Formula for Acquisition!Vesting Formulas for the Promot!Vesting Formulas for the Pr (1)!Outstanding Equity Awards at Fi!Vesting Formula for the Fiscal !Vesting Formulas for the Fi (2)!Vesting Formulas for the Fi (3)!Vesting Formulas for the Fi (4)!Vesting Formulas for the Fi (5)!Vesting Formula for Acquisi (1)!Vesting Formulas for the Fi (6)!Vesting Formulas for the Fi (7)!Vesting Formulas for the Pr (2)!Vesting Formulas for the Pr (3)!Option Exercises and Stock VestPension Benefits Fiscal 2018!Agreements with Named Executive!Agreements with Named Execu (1)NonCEO Executives!What were the fees of our indep
Appendix BU }1
MERCURY SYSTEMS INCDEF 14A
09/07/2018kcYou may obtain a copy of our annual report on Form 10K for the fiscal year ended June 30, 2018 (wi
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MERCURY SYSTEMS INCDEF 14A
09/07/2018
Appendix B
(in thousands)
Fiscal 20180(Income (loss) from continuing operations~
+# Interest expense (income), net~
$
Tax provision (benefit)
~
Depreciation~
~.& Amortization of intangible assets~
Zb,$ Restructuring and other charges~
^1,$ Impairment of longlived assets ,$ Acquisition and financing costs~
N1<4 Fair value adjustments from purchase accounting~
F /' Litigation and settlement expenses 80 Stockbased and other noncash compensation~
expenseAdjusted EBITDA~
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