SEC Form 4 · accession 0001209191-17-060664
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary L Petrovich
Director
Period of report
Nov 13, 2017
Accepted (ET)
Nov 14, 2017 · 5:17 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 13, 2017 | M | 5,700 | $32.73 | A | 27,904 | D | |
| Woodward, Inc. Common StockF1 | Nov 13, 2017 | S | 5,700 | $79.6871 | D | 22,204 | D | |
| Woodward, Inc. Common Stock | holding | — | — | — | 1,703 | I | By self as sole trustee of Petrovich Remainder Trust - 2005. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualifed Stock Option (right to buy)F2 | $32.73 | Nov 13, 2017 | M | 2,850 | D | Nov 16, 2008 | Nov 16, 2017 | Woodward, Inc. Common Stock | 2,850 | 0 | D |
| Nonqualifed Stock Option (right to buy)F2 | $32.73 | Nov 13, 2017 | M | 2,850 | D | Nov 16, 2008 | Nov 16, 2017 | Woodward, Inc. Common Stock | 2,850 | 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 $79.666 to $79.765 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.
- F2Options, which expire November 16, 2017, became exercisable as to 25% of the shares on November 16, 2008 and each one-year anniversary thereafter.