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Woodward, Inc. Director's Dealing 2017

Nov 20, 2017

30412_dirs_2017-11-20_27a3b29d-8cf5-49e4-978b-47c61595456b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Woodward, Inc. (WWD)
CIK: 0000108312
Period of Report: 2017-11-17

Reporting Person: Weber Robert F Jr (CFO & Treasurer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-11-17 Phantom Stock $ A 1088.378 Acquired Woodward, Inc. Common Stock (1088.378) Direct

Footnotes

F1: The reporting person participates in the Woodward Executive Benefit Plan (the "Executive Plan") and has elected to have a portion of his Woodward Variable Incentive Plan bonus deferred and denominated in Company stock. Phantom stock units are accrued under the Executive Plan and are to be settled in 100% stock on a one-for-one basis upon separation from the Company. The total shown represents the dollar amount of deferrals divided by the current share price and, therefore, the number of shares reported may fluctuate from period to period. The total shown also includes shares acquired under the Company's Dividend Reinvestment Plan.