SEC Form 4 · accession 0001209191-15-047488
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chad Robert Preiss
Officer — President, Engine Systems
Period of report
May 26, 2015
Accepted (ET)
May 28, 2015 · 4:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000108312
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Woodward, Inc. Common Stock | May 26, 2015 | M | 6,713 | $13.50 | A | 14,413 | D | |
| Woodward, Inc. Common StockF1 | May 26, 2015 | S | 5,401 | $52.3061 | D | 9,012 | D | |
| Woodward, Inc. Common Stock | May 27, 2015 | M | 36,787 | $13.50 | A | 45,799 | D | |
| Woodward, Inc. Common StockF2 | May 27, 2015 | S | 29,599 | $51.9983 | D | 16,200 | D | |
| Woodward, Inc. Common StockF3 | holding | — | — | — | 14,157 | I | Woodward Retirement Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified Stock Option (Right to buy)F4 | $13.50 | May 26, 2015 | M | 6,713 | D | Nov 23, 2006 | Nov 23, 2015 | Woodward, Inc. Common Stock | 6,713 | 36,787 | D |
| Nonqualified Stock Option (Right to buy)F4 | $13.50 | May 27, 2015 | M | 36,787 | D | Nov 23, 2006 | Nov 23, 2015 | Woodward, Inc. Common Stock | 36,787 | 0 | D |
Explanation of responses
- F1The reporting person sold shares in multiple same day, same way open market sales, with prices ranging from $52.30 to $52.335 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the sales. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
- F2The reporting person sold shares in multiple same day, same way open market sales, with prices ranging from $51.92 to $52.065 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the sales. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
- F3The information in this report regarding the number of shares held by Mr. Preiss in the Woodward Retirement Savings Plan is based on a calculation as of May 26, 2015.
- F4Options, which expire on November 23, 2015, became exercisable at the rate of 25% per year beginning November 23, 2006.