SEC Form 4 · accession 0001209191-16-151486
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry E Rittenberg
Director
Period of report
Nov 18, 2016
Accepted (ET)
Nov 21, 2016 · 5:35 pm EST
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 | Nov 18, 2016 | M | 5,700 | $32.73 | A | 36,302 | D | |
| Woodward, Inc. Common StockF1 | Nov 18, 2016 | S | 5,700 | $67.175 | D | 30,602 | D |
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)F2 | $32.73 | Nov 18, 2016 | M | 5,700 | D | Nov 16, 2008 | Nov 16, 2017 | Woodward, Inc. Common Stock | 5,700 | 0 | D |
Explanation of responses
- F1The reporting person sold shares in multiple same day, same way open market transactions, with prices ranging from $67.15 to $67.20 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the sales. 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.
- F2Options, which expire on November 16, 2017, became exercisable at the rate of 25% per year beginning on November 16, 2008.