Paul Donovan - May 10, 2021 Form 4 Insider Report for Woodward, Inc. (WWD)

Role
Director
Signature
Rebecca L. Dees, by Power of Attorney
Stock symbol
WWD
Transactions as of
May 10, 2021
Transactions value $
-$494,103
Form type
4
Date filed
5/11/2021, 06:35 PM
Next filing
Jun 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWD Woodward, Inc. Common Stock Options Exercise $67.3K +2K $33.64 2K May 10, 2021 Shares held indirectly in the DJPC&G, LLC
transaction WWD Woodward, Inc. Common Stock Options Exercise $139K +3.38K +169.15% $40.99 5.38K May 10, 2021 Shares held indirectly in the DJPC&G, LLC
transaction WWD Woodward, Inc. Common Stock Sale -$519K -4K -74.31% $129.82 1.38K May 10, 2021 Shares held indirectly in the DJPC&G, LLC F1
transaction WWD Woodward, Inc. Common Stock Sale -$181K -1.38K -100% $130.71 0 May 10, 2021 Shares held indirectly in the DJPC&G, LLC F2
holding WWD Woodward, Inc. Common Stock 1.23K May 10, 2021 Shares held indirectly in the Reporting Person's spouse's IRA F3

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) Options Exercise $0 -2K -100% $0.00* 0 May 10, 2021 Woodward, Inc. Common Stock 2K $33.64 Options held indirectly in the DJPC&G, LLC F4
transaction WWD Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -3.38K -62.71% $0.00 2.01K May 10, 2021 Woodward, Inc. Common Stock 3.38K $40.99 Options held indirectly in the DJPC&G, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 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 $129.50 to $130.22 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.
F2 The 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 $130.70 to $130.74 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.
F3 The Reporting Person disclaims beneficial ownership of the shares held in his spouse's IRA.
F4 Options are fully vested and exercisable.