SEC Form 4 · accession 0001209191-16-145203
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald M Sega
Director
Period of report
Oct 4, 2016
Accepted (ET)
Oct 6, 2016 · 11:49 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000108312
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | Oct 4, 2016 | A | 324 | A | — | — | Woodward, Inc. Common Stock | 324 | 1,475 | D |
Explanation of responses
- F1Represents deferred director retainer fees invested in phantom stock units under the terms of the Woodward Executive Benefit Plan (the "Plan"). Phantom stock units are accrued under the Plan and are to be settled in 100% common stock on a one-for-one basis at the distribution date specified at the time of election, or if earlier, upon separation from the Issuer. The total shown represents the dollar amount of director retainer fees deferred, divided by the then current share price and, therefore, the number of shares reported may fluctuate from period to period.
- F2Pursuant to an election made by Mr. Sega to defer his 2016 director retainer fees pursuant to the Plan, his director retainer fee was invested in phantom stock units on October 04, 2016.