SEC Form 4 · accession 0001209191-18-060406
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
Nov 28, 2018
Accepted (ET)
Nov 30, 2018 · 5:03 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 28, 2018 | M | 1,000 | $23.18 | A | 227,390 | D | |
| Woodward, Inc. Common StockF2 | Nov 28, 2018 | S | 540 | $80.5163 | D | 226,850 | D | |
| Woodward, Inc. Common StockF3 | Nov 28, 2018 | S | 460 | $81.1702 | D | 226,390 | D | |
| Woodward, Inc. Common Stock | Nov 29, 2018 | M | 1,000 | $23.18 | A | 227,390 | D | |
| Woodward, Inc. Common StockF4 | Nov 29, 2018 | S | 1,000 | $83.1924 | D | 226,390 | D | |
| Woodward, Inc. Common Stock | Nov 30, 2018 | M | 1,000 | $23.18 | A | 227,390 | D | |
| Woodward, Inc. Common StockF5 | Nov 30, 2018 | S | 1,000 | $83.02 | D | 226,390 | D | |
| Woodward, Inc. Common StockF6 | holding | — | — | — | 20,128 | 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)F7 | $23.18 | Nov 28, 2018 | M | 1,000 | D | Oct 1, 2010 | Sep 30, 2019 | Woodward, Inc. Common Stock | 1,000 | 113,000 | D |
| Nonqualified Stock Option (right to buy)F7 | $23.18 | Nov 29, 2018 | M | 1,000 | D | Oct 1, 2010 | Sep 30, 2019 | Woodward, Inc. Common Stock | 1,000 | 112,000 | D |
| Nonqualified Stock Option (right to buy)F7 | $23.18 | Nov 30, 2018 | M | 1,000 | D | Oct 1, 2010 | Sep 30, 2019 | Woodward, Inc. Common Stock | 1,000 | 111,000 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.
- 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 $80.00 to $80.96 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 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 $81.02 to $81.35 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.
- F4The 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 $82.775 to $83.61 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.
- F5The 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 $82.44 to $83.31 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
- F6The 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 November 9, 2018.
- F7Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.