Christopher Fawzy - Aug 7, 2023 Form 4 Insider Report for Woodward, Inc. (WWD)

Role
VP, Gen Counsel & Corp Sec
Signature
Rebecca L. Dees, by Power of Attorney
Stock symbol
WWD
Transactions as of
Aug 7, 2023
Transactions value $
-$439,353
Form type
4
Date filed
8/9/2023, 06:20 PM
Previous filing
Oct 5, 2022
Next filing
Sep 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWD Woodward, Inc. Common Stock Options Exercise $164K +4.08K +81.76% $40.26 9.07K Aug 7, 2023 Direct
transaction WWD Woodward, Inc. Common Stock Sale -$523K -4.08K -44.98% $128.16 4.99K Aug 7, 2023 Direct F1
transaction WWD Woodward, Inc. Common Stock Options Exercise $37.1K +921 +18.46% $40.26 5.91K Aug 8, 2023 Direct
transaction WWD Woodward, Inc. Common Stock Sale -$118K -921 -15.58% $128.00 4.99K Aug 8, 2023 Direct
holding WWD Woodward, Inc. Common Stock 3.25K Aug 7, 2023 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 Nonqualified Stock Option (right to buy) Options Exercise $0 -4.08K -12.32% $0.00 29K Aug 7, 2023 Woodward, Inc. Common Stock 4.08K $40.26 Direct F3
transaction WWD Nonqualified Stock Option (right to buy) Options Exercise $0 -921 -3.17% $0.00 28.1K Aug 8, 2023 Woodward, Inc. Common Stock 921 $40.26 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 $128.00 to $128.46 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 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 August 8, 2023.
F3 Options, which expire October 1, 2025, became exercisable as to 25% of the shares on October 1, 2016, and each one-year anniversary thereafter.