SEC Form 4 · accession 0001209191-16-116078
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
Apr 26, 2016
Accepted (ET)
Apr 28, 2016 · 12:24 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 | Apr 26, 2016 | M | 14,500 | $18.49 | A | 30,817 | D | |
| Woodward, Inc. Common StockF1 | Apr 26, 2016 | S | 14,500 | $54.8524 | D | 16,317 | D | |
| Woodward, Inc. Common StockF2 | holding | — | — | — | 14,565 | 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 | Apr 26, 2016 | M | 14,500 | D | Nov 15, 2007 | Nov 15, 2016 | Woodward, Inc. Common Stock | 14,500 | 0 | D |
Explanation of responses
- F1The reporting person sold shares in multiple same day, same way open market sales, with prices ranging from $54.85 to $54.90 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 April 27,2016, and includes 22.17 shares acquired under the Plan since the date of the reporting person's last Form 4 with Table I reporting.
- F3Options, which expire November 15, 2016, became exercisable as to 25% of the shares on November 15, 2007 and each one-year anniversary thereafter.