SEC Form 4 · accession 0001209191-16-116984
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 29, 2016
Accepted (ET)
May 3, 2016 · 3:57 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 29, 2016 | M | 32,129 | $18.49 | A | 241,983 | D | |
| Woodward, Inc. Common StockF1 | Apr 29, 2016 | S | 32,129 | $55.034 | D | 209,854 | D | |
| Woodward, Inc. Common Stock | May 2, 2016 | M | 41,871 | $18.49 | A | 251,725 | D | |
| Woodward, Inc. Common Stock | May 2, 2016 | S | 41,871 | $54.00 | D | 209,854 | D | |
| Woodward, Inc. Common StockF2 | holding | — | — | — | 19,443 | 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)F3 | $18.49 | Apr 29, 2016 | M | 32,129 | D | Nov 15, 2007 | Nov 15, 2016 | Woodward, Inc. Common Stock | 32,129 | 41,871 | D |
| onqualified Stock Option (right to buy)F3 | $18.49 | May 2, 2016 | M | 41,871 | D | Nov 15, 2007 | Nov 15, 2016 | Woodward, Inc. Common Stock | 41,871 | 0 | D |
Explanation of responses
- F1The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $55.00 to $55.075 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. 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. Gendron in the Woodward Retirement Savings Plan (the "Plan") is based on a calculation as of April 29, 2016 and includes 0.87 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