SEC Form 4 · accession 0001209191-17-048373
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Donovan
Director
Period of report
Aug 8, 2017
Accepted (ET)
Aug 10, 2017 · 10:16 am 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 | Aug 8, 2017 | M | 718 | $32.73 | A | 39,052 | D | |
| Woodward, Inc. Common Stock | Aug 8, 2017 | S | 718 | $71.60 | D | 38,334 | D | |
| Woodward, Inc. Common Stock | Aug 9, 2017 | M | 4,982 | $32.73 | A | 43,316 | D | |
| Woodward, Inc. Common StockF1 | Aug 9, 2017 | S | 4,982 | $70.4032 | D | 38,334 | D | |
| Woodward, Inc. Common StockF2 | holding | — | — | — | 1,232 | I | By wife |
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 | $32.73 | Aug 8, 2017 | M | 718 | D | Nov 16, 2008 | Nov 15, 2017 | Woodward, Inc. Common Stock | 718 | 4,982 | D |
| Non-Qualified Stock Option (Right to Buy)F3 | $32.73 | Aug 9, 2017 | M | 4,982 | D | Nov 16, 2008 | Nov 15, 2017 | Woodward, Inc. Common Stock | 4,982 | 0 | 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 purchases, with prices ranging from $70.40 to $70.50 per share. The reporting person has reported these purchases 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 purchased at each separate price.
- F2The reporting person disclaims beneficial ownership of the shares held by his wife, and this report should not be deemed an admission that the reporting person is the beneficial owner of his wife's shares for purposes of Section 16 or for any other purposes.
- F3Options, which expire November 15, 2017, became exercisable as to 25% of the shares on November 16, 2008, and each one-year anniversary thereafter.