Christopher Fawzy - Aug 31, 2023 Form 4 Insider Report for Woodward, Inc. (WWD)

Signature
Rebecca L. Dees, by Power of Attorney
Stock symbol
WWD
Transactions as of
Aug 31, 2023
Transactions value $
-$448,700
Form type
4
Date filed
9/5/2023, 12:15 PM
Previous filing
Aug 9, 2023
Next filing
Oct 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 $201K +5K +100.22% $40.26 9.99K Aug 31, 2023 Direct
transaction WWD Woodward, Inc. Common Stock Sale -$650K -5K -50.06% $130.00 4.99K Aug 31, 2023 Direct F1
holding WWD Woodward, Inc. Common Stock 3.26K Aug 31, 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 -5K -17.79% $0.00 23.1K Aug 31, 2023 Woodward, Inc. Common Stock 5K $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 $130.00 to $130.07 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 31, 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.