Gregg C. Sengstack - May 10, 2023 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, 2023
Transactions value $
-$2,909
Form type
4
Date filed
5/11/2023, 04:20 PM
Previous filing
May 8, 2023
Next filing
Jun 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWD Woodward, Inc. Common Stock Options Exercise $221K +5.4K +38.26% $40.99 19.5K May 10, 2023 Direct
transaction WWD Woodward, Inc. Common Stock Sale -$224K -2.05K -10.49% $109.56 17.5K May 10, 2023 Direct F1
holding WWD Woodward, Inc. Common Stock 15K May 10, 2023 Dianne Sengstack 2020 Dynasty Trust 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) Options Exercise $0 -5.4K -100% $0.00* 0 May 10, 2023 Woodward, Inc. Common Stock 5.4K $40.99 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 executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $109.41 to $109.79 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 Shares held indirectly in the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F3 Options, which expire October 1, 2023, became exercisable as to 25% of the shares on October 1, 2014 and each one-year anniversary thereafter.