SEC Form 4 · accession 0001209191-17-006466
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Gendron
Officer — President and CEO · Director
Period of report
Jan 27, 2017
Accepted (ET)
Jan 31, 2017 · 6:09 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 | Jan 27, 2017 | M | 13,580 | $32.73 | A | 223,434 | D | |
| Woodward, Inc. Common StockF1 | Jan 27, 2017 | S | 13,580 | $70.01 | D | 209,854 | D | |
| Woodward, Inc. Common Stock | Jan 30, 2017 | M | 31,420 | $32.73 | A | 241,274 | D | |
| Woodward, Inc. Common StockF2 | Jan 30, 2017 | S | 31,420 | $69.14 | D | 209,854 | D | |
| Woodward, Inc. Common StockF3 | holding | — | — | — | 19,539 | I | Held in the 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)F4 | $32.73 | Jan 27, 2017 | M | 13,580 | D | Nov 16, 2008 | Nov 16, 2018 | Woodward, Inc. Common Stock | 13,580 | 76,420 | D |
| Nonqualified Stock Option (right to buy)F4 | $32.73 | Jan 30, 2017 | M | 31,420 | D | Nov 16, 2008 | Nov 16, 2018 | Woodward, Inc. Common Stock | 31,420 | 45,000 | 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 $70.00 to $70.05 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 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 $69.10 to $69.25 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.
- F3The 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 January 30, 2017 and includes 96.05 shares acquired under the Plan since the date of the reporting person's last Form 4 with Table I reporting.
- F4Options, which expire November 18, 2018, became exercisable as to 25% of the shares on November 18, 2008 and each one-year anniversary thereafter