Terence J. Voskuil - Feb 12, 2024 Form 4 Insider Report for Woodward, Inc. (WWD)

Role
EVP and President, Aerospace
Signature
Rebecca L. Dees, by Power of Attorney
Stock symbol
WWD
Transactions as of
Feb 12, 2024
Transactions value $
$0
Form type
4
Date filed
2/14/2024, 07:58 PM
Previous filing
Oct 5, 2023
Next filing
Oct 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWD Woodward, Inc. Common Stock Award $0 +1.85K +149.84% $0.00 3.09K Feb 12, 2024 Direct F1
holding WWD Woodward, Inc. Common Stock 4.74K Feb 12, 2024 By Woodward Retirement Savings Plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WWD Non-Qualified Stock Option (Right to Buy) Award $0 +4.39K $0.00 4.39K Feb 12, 2024 Woodward, Inc. Common Stock 4.39K $137.76 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted an award of Restricted Stock Units ("RSUs"). RSUs vest at a rate of 34% of the award on February 12, 2025 and 33% each one-year anniversary thereafter. Upon vesting, the reporting person will receive one share of Woodward, Inc. Common Stock per RSU granted, as well as certain additional shares to be issued in connection with the dividend reinvestment provisions of the Issuer's RSU awards.
F2 The 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 February 13, 2024.
F3 Options, which expire February 12, 2034, become exercisable as to 25% of the shares on February 12, 2025 and 25% each one-year anniversary thereafter.