SEC Form 4 · accession 0001209191-16-122250
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin Val Glass
Officer — President, Airframe Systems
Period of report
May 19, 2016
Accepted (ET)
May 20, 2016 · 5:15 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 StockF1 | May 19, 2016 | M | 29,000 | $18.49 | A | 85,937 | D | |
| Woodward, Inc. Common Stock | May 19, 2016 | F | 23,500 | $54.50 | D | 62,437 | D | |
| Woodward, Inc. Common StockF2 | holding | — | — | — | 21,577 | I | By 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 | May 19, 2016 | M | 29,000 | D | Nov 15, 2007 | Nov 15, 2016 | Woodward, Inc. Common Stock | 29,000 | 0 | D |
Explanation of responses
- F1Total reflects the correction of a clerical error as to the number of shares held.
- F2The information in this report regarding the number of shares held by Mr. Glass in the Woodward Retirement Savings Plan (the "Plan") is based on a calculation as of May 20, 2016 and includes 415.47 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.