SEC Form 4 · accession 0001209191-15-047816
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James D Rudolph
Officer — President, Ind. Turb. Systems
Period of report
May 27, 2015
Accepted (ET)
May 29, 2015 · 10:38 am 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 27, 2015 | M | 22,200 | $13.50 | A | 38,518 | D | |
| Woodward, Inc. Common StockF1 | May 27, 2015 | S | 22,200 | $51.9292 | D | 16,318 | D | |
| Woodward, Inc. Common StockF2 | holding | — | — | — | 18,198 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F3 | $13.50 | May 27, 2015 | M | 22,200 | D | Nov 23, 2006 | Nov 23, 2015 | Woodward, Inc. Common Stock | 22,200 | 0 | D |
Explanation of responses
- F1The reporting person sold shares in multiple same day, same way open market sales, with prices ranging from $51.90 to $51.96 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 information in this report regarding the number of shares held by the reporting person in the Woodward Retirement Savings Plan is based on a calculation as of May 27, 2015.
- F3Options become exercisable at the rate of 25% per year beginning one year from date of grant.