SEC Form 4 · accession 0001209191-16-116362
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Gendron
Officer — President and CEO · Director
Period of report
Apr 27, 2016
Accepted (ET)
Apr 29, 2016 · 1:17 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 27, 2016 | M | 70,000 | $18.49 | A | 279,854 | D | |
| Woodward, Inc. Common Stock | Apr 27, 2016 | S | 70,000 | $55.00 | D | 209,854 | D | |
| Woodward, Inc. Common StockF1 | holding | — | — | — | 19,442 | I | Held in the 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)F2 | $18.49 | Apr 27, 2016 | M | 70,000 | D | Nov 15, 2007 | Nov 15, 2016 | Woodward, Inc. Common Stock | 70,000 | 74,000 | D |
Explanation of responses
- F1The information in this report regarding the number of shares held by Mr. Gendron in the Woodward Retirement Savings Plan (the "Plan") is based on a calculation as of April 28, 2016 and includes 30.905 shares acquired under the Plan since the date of the reporting person's last Form 4 with Table I reporting.
- F2Options, which expire November 15, 2016, became exercisable as to 25% of the shares on November 15, 2007 and each one-year anniversary thereafter