SEC Form 4 · accession 0001209191-17-033359

Woodward, Inc. · WWD

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CFO & Treasurer

Period of report

May 17, 2017

Accepted (ET)

May 17, 2017 · 6:21 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	May 17, 2017	M	7,500	$18.67	A	34,053	D
Woodward, Inc. Common Stock^F1	May 17, 2017	S	7,500	$66.4946	D	26,533	D
Woodward, Inc. Common Stock^F2	holding	—	—		—	3,320	I	Woodward Retirement Savings Plan

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	$18.67	May 17, 2017	M	7,500	D	Nov 24, 2009	Nov 24, 2018	Woodward, Inc. Common Stock	14,500	7,000	D

F1The reporting person sold shares in multiple same day, same way open market transactions, with prices ranging from $66.40 to $66.60 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.
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 May 17,2017 and includes 198 shares acquired under the Plan since the date of the reporting person's last Form 4 with Table I reporting.
F3Options, which expire on November 24, 2018, became exercisable at the rate of 25% per year beginning on November 24, 2009.