SEC Form 4 · accession 0001209191-15-064410
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin Val Glass
Officer — President, Airframe Systems
Period of report
Aug 5, 2015
Accepted (ET)
Aug 6, 2015 · 5:06 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 | Aug 5, 2015 | M | 43,500 | $13.50 | A | 84,746 | D | |
| Woodward, Inc. Common StockF1 | Aug 5, 2015 | F | 24,148 | $47.99 | D | 60,598 | D | |
| Woodward, Inc. Common StockF2 | holding | — | — | — | 21,162 | I | By 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 | Aug 5, 2015 | M | 43,500 | D | Nov 23, 2006 | Nov 23, 2015 | Woodward, Inc. Common Stock | 43,500 | 0 | D |
Explanation of responses
- F1Includes (i) already owned shares of common stock delivered for payment of the exercise price and (ii) shares withheld to cover the tax liability, in each case incident to the exercise of a security issued in accordance with Rule 16b-3.
- 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 August 5, 2015.
- F3Options become exercisable at the rate of 25% per year beginning 11/23/2006