SEC Form 4 · accession 0001209191-16-146579
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
John A Halbrook
Director
Period of report
Oct 19, 2016
Accepted (ET)
Oct 21, 2016 · 3:55 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 | Oct 19, 2016 | M | 8,200 | $18.49 | A | 336,535 | D | |
| Woodward, Inc. Common StockF1 | Oct 19, 2016 | F | 1,500 | $59.21 | D | 335,035 | D | |
| Woodward, Inc. Common Stock | holding | — | — | — | 191,893 | I | By Benita K. Halbrook as trustee for the John A. Halbrook Grantor Retained Annuity Trust | |
| Woodward, Inc. Common Stock | holding | — | — | — | 79,980 | I | By self as co-trustee for The Benita K. Halbrook Living Trust | |
| Woodward, Inc. Common Stock | holding | — | — | — | 102,000 | I | By self as trustee for the Benita K. Halbrook 2015 Grantor Retained Annuity Trust | |
| Woodward, Inc. Common StockF2 | holding | — | — | — | 251,681 | I | By self as holder of note |
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 | Oct 19, 2016 | M | 8,200 | D | Nov 15, 2007 | Nov 15, 2016 | Woodward, Inc. Common Stock | 8,200 | 0 | D |
Explanation of responses
- F1The shares were withheld by the Issuer for tax liability purposes pertaining to the exercise of the stock option.
- F2The Reporting Person beneficially owns 251,681 shares sold in 2011 to The Halbrook Family Irrevocable Trust (the "Halbrook Family Trust Shares"), of which the Reporting Person's children are the beneficiaries and trustees without dispositive power with respect to the Halbrook Family Trust Shares. The Halbrook Family Trust Shares were sold by the Reporting Person in exchange for a promissory note.
- F3Options, which expire November 15, 2016, became exercisable as to 25% of the shares on November 15, 2007, and each one-year anniversary thereafter.