SEC Form 4 · accession 0001209191-16-116364
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
Apr 28, 2016
Accepted (ET)
Apr 29, 2016 · 1:24 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 28, 2016 | M | 16,500 | $18.49 | A | 32,818 | D | |
| Woodward, Inc. Common StockF1 | Apr 28, 2016 | S | 16,500 | $54.9322 | D | 16,318 | D | |
| Woodward, Inc. Common StockF2 | holding | — | — | — | 18,636 | 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 | $18.49 | Apr 28, 2016 | M | 16,500 | D | Nov 15, 2007 | Nov 15, 2016 | Woodward, Inc. Common Stock | 16,500 | 0 | D |
Explanation of responses
- F1The reporting person sold shares in multiple same day, same way open market sales, with prices ranging from $54.82 to $54.995 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. Rudolph in the Woodward Retirement Savings Plan (the "Plan") is based on a calculation as of April 28,2016, and includes 437.872 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.