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Woodward, Inc. Director's Dealing 2018

Feb 10, 2018

30412_dirs_2018-02-09_736a55fc-8d2f-43ca-8df2-7ed45eaa2107.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Woodward, Inc. (WWD)
CIK: 0000108312
Period of Report: 2018-02-02

Reporting Person: Taylor Matthew Freeman (President, Airframe Systems)

Holdings (Non-Derivative)

Security Shares Ownership
Woodward, Inc. Common Stock 4297 Direct
Woodward, Inc. Common Stock 3231 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock $ Woodward, Inc. Common Stock (4396) Direct
Non-Qualified Stock Option (Right to Buy) $18.67 2018-11-24 Woodward, Inc. Common Stock (4000) Direct
Non-Qualified Stock Option (Right to Buy) $23.18 2019-10-01 Woodward, Inc. Common Stock (8000) Direct
Non-Qualified Stock Option (Right to Buy) $32.04 2020-10-01 Woodward, Inc. Common Stock (7000) Direct
Non-Qualified Stock Option (Right to Buy) $25.57 2021-10-03 Woodward, Inc. Common Stock (10500) Direct
Non-Qualified Stock Option (Right to Buy) $33.64 2022-10-01 Woodward, Inc. Common Stock (9100) Direct
Non-Qualified Stock Option (Right to Buy) $38.88 2023-01-14 Woodward, Inc. Common Stock (10000) Direct
Non-Qualified Stock Option (Right to Buy) $40.99 2023-10-01 Woodward, Inc. Common Stock (10200) Direct
Non-Qualified Stock Option (Right to Buy) $46.55 2024-10-01 Woodward, Inc. Common Stock (17900) Direct
Non-Qualified Stock Option (Right to Buy) $40.26 2025-10-01 Woodward, Inc. Common Stock (14600) Direct
Non-Qualified Stock Option (Right to Buy) $62.57 2026-10-03 Woodward, Inc. Common Stock (10800) Direct
Non-Qualified Stock Option (Right to Buy) $78.97 2027-10-02 Woodward, Inc. Common Stock (9600) Direct

Footnotes

F1: The information in this report regarding the number of shares held by the reporting person in the Woodward Retirement Savings Plan is based on a calculation as of February 2, 2018.

F2: The Reporting Person participates in the Woodward Executive Benefit Plan (the "Plan"). Phantom stock units are accrued under the Plan and are to be settled in 100% common stock on a one-for-one basis at the distribution date specified at the time of election, or if earlier, upon separation from the Issuer. The total shown represents the dollar amount of deferrals, divided by the then current share price and, therefore, the number of shares reported may fluctuate from period to period.

F3: Options are fully vested.

F4: Options become exercisable as to 25% of the shares on October 1, 2015 and each one-year anniversary thereafter.

F5: Options become exercisable as to 25% of the shares on October 1, 2016 and each one-year anniversary thereafter.

F6: Options become exercisable as to 25% of the shares on October 3, 2017 and each one-year anniversary thereafter.

F7: Options become exercisable as to 25% of the shares on October 2, 2018 and each one-year anniversary thereafter.