Thomas A. Gendron - Mar 3, 2022 Form 4 Insider Report for Woodward, Inc. (WWD)

Signature
Rebecca L. Dees, by Power of Attorney
Stock symbol
WWD
Transactions as of
Mar 3, 2022
Transactions value $
-$5,362,256
Form type
4
Date filed
3/7/2022, 09:10 AM
Previous filing
Jan 20, 2022
Next filing
May 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWD Woodward, Inc. Common Stock Options Exercise $3.3M +70.9K +193.18% $46.55 108K Mar 3, 2022 Direct
transaction WWD Woodward, Inc. Common Stock Sale -$7.69M -63K -58.58% $122.06 44.6K Mar 3, 2022 Direct F1
transaction WWD Woodward, Inc. Common Stock Sale -$970K -7.87K -17.66% $123.20 36.7K Mar 3, 2022 Direct F2
holding WWD Woodward, Inc. Common Stock 42K Mar 3, 2022 The T2G Family Foundation F3
holding WWD Woodward, Inc. Common Stock 1.91K Mar 3, 2022 TEAGII, LLP F4
holding WWD Woodward, Inc. Common Stock 94.4K Mar 3, 2022 The 2020 Gendron Legacy Trust F5
holding WWD Woodward, Inc. Common Stock 94.4K Mar 3, 2022 The Gendron Descendants Trust F6
holding WWD Woodward, Inc. Common Stock 21K Mar 3, 2022 Woodward Retirement Savings Plan F7

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 -70.9K -39.21% $0.00 110K Mar 3, 2022 Woodward, Inc. Common Stock 70.9K $46.55 Direct F8
* 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 $122.00 to $122.97 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 $123.00 to $123.96 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.
F3 The T2G Family Foundation is a family foundation in which the Reporting Person retains control of the shares held by the foundation.
F4 TEAGII LLP is a limited partnership of which the reporting person is the sole general partner and of which the reporting person and his wife are the sole limited partners.
F5 The 2020 Gendron Legacy Trust is a family trust of which the reporting person's wife is the trustee.
F6 The Gendron Descendants Trust is a family trust of which the reporting person is the trustee.
F7 The information in this report regarding the number of shares held by the reporting person in the Woodward Retirement Savings Plan is based on a calculation as of March 3, 2022.
F8 Options, which expire October 1, 2024, became exercisable as to 25% of the shares on October 1, 2015 and each one-year anniversary thereafter.