SEC Form 4 · accession 0001209191-18-032322
Woodward, Inc. · WWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chad Robert Preiss
Officer — President, Engine Systems
Period of report
May 21, 2018
Accepted (ET)
May 22, 2018 · 4:49 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 StockF1 | May 21, 2018 | M | 7,000 | $18.67 | A | 23,876 | D | |
| Woodward, Inc. Common StockF2 | May 21, 2018 | S | 7,000 | $76.2218 | D | 16,876 | D | |
| Woodward, Inc. Common StockF3 | holding | — | — | — | 15,131 | I | 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 | $18.67 | May 21, 2018 | M | 7,000 | D | Nov 24, 2009 | Nov 24, 2018 | Woodward, Inc. Common Stock | 7,000 | 7,000 | D |
Explanation of responses
- F1Total reflects 116.106 shares acquired upon reinvestment of dividends since the date of the reporting person's last Form 4 with Table I reporting.
- F2The reporting person sold shares in multiple same day, same way open market sales, with prices ranging from $76.15 to $76.40 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 Issuer or a security holder of the Issuer, 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 April 26, 2018, and includes 257.15 shares acquired under the Plan since the date of the reporting person's last Form 4 with Table I reporting.
- F4Options, which expire November 24, 2018, became exercisable as to 25% of the shares on November 24, 2009 and each one-year anniversary thereafter.