SEC Form 4 · accession 0001209191-16-136602
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Fawzy
Officer — VP, Gen Counsel & Corp Sec
Period of report
Aug 10, 2016
Accepted (ET)
Aug 11, 2016 · 4:57 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 | Aug 10, 2016 | M | 2,000 | $28.375 | A | 9,506 | D | |
| Woodward, Inc. Common StockF1 | Aug 10, 2016 | S | 6,000 | $59.3002 | D | 3,506 | D | |
| Woodward, Inc. Common StockF2 | holding | — | — | — | 2,103 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified Stock Option (right to buy)F3 | $28.375 | Aug 10, 2016 | M | 2,000 | D | Jun 18, 2008 | Jun 18, 2017 | Woodward, Inc. Common Stock | 2,000 | 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 $59.28 to $59.35 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 the reporting person in the Woodward Retirement Savings Plan (the "Plan") is based on a calculation as of August 9, 2016 and includes 4.26 shares acquired under the Plan since the date of the reporting person's last Form 4 with Table I reporting.
- F3Options, which expire June 18, 2017, became exercisable as to 25% of the shares on June 18, 2008, and each one-year anniversary thereafter.