Woodward, Inc. — Director's Dealing 2012

Aug 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Woodward, Inc. (WWD)
CIK: 0000108312
Period of Report: 2012-08-13

Reporting Person: Preiss Chad Robert (President, Engine Systems)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-13	Woodward, Inc. Common Stock	M	4500	$7.9534	Acquired	4500	Direct
2012-08-13	Woodward, Inc. Common Stock	S	4500	$35.75	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-13	Nonqualified Stock Option (Right to buy)	$7.9534	M	4500	Disposed	2012-10-07	Woodward, Inc. Common Stock (4500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Woodward, Inc. Common Stock	13160.53	Indirect

Footnotes

F1: The information in this report regarding the number of shares held by Mr. Preiss in the Woodward Retirement Savings Plan is based on a calculation as of August 15, 2012.

F2: Options, which expire in October 2012, became excercisable at the rate of 25% per year beginning October 7, 2003.