SEC Form 4 · accession 0001209191-16-104633
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
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 5:17 pm EST
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 | Feb 29, 2016 | M | 7,200 | $18.49 | A | 23,517 | D | |
| Woodward, Inc. Common StockF1 | Feb 29, 2016 | S | 7,200 | $47.1419 | D | 16,317 | D | |
| Woodward, Inc. Common StockF2 | holding | — | — | — | 14,543 | 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)F3 | $18.49 | Feb 29, 2016 | M | 7,200 | D | Nov 15, 2007 | Nov 15, 2016 | Woodward, Inc. Common Stock | 7,200 | 14,500 | D |
Explanation of responses
- F1The reporting person sold shares in multiple same day, same way open market sales, with prices ranging from $47.10 to $47.21 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 Mr. Preiss in the Woodward Retirement Savings Plan (the "Plan") is based on a calculation as of February 26, 2016.
- F3Options, which expire November 15, 2016, became exercisable as to 25% of the shares on November 15, 2007 and each one-year anniversary thereafter.