Woodward, Inc. — Director's Dealing 2019

Jan 9, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Woodward, Inc. (WWD)
CIK: 0000108312
Period of Report: 2019-01-07

Reporting Person: Thayer Jonathan W (Director, Vice Chair, Corp. Operations)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-07	Non-Qualified Stock Option (Right to Buy)	$73.00	A	116000	Acquired	2029-01-06	Woodward, Inc. Common Stock (116000)	Direct
2019-01-07	Non-Qualified Stock Option (Right to Buy)	$73.00	A	71700	Acquired	2029-01-06	Woodward, Inc. Common Stock (71700)	Direct

Footnotes

F1: Options, which expire January 6, 2029 became exercisable as to 50% of the shares on January 7, 2021 and as to 25% of the shares each one-year anniversary thereafter.

F2: Options, which expire January 6, 2029 became exercisable as to 25% of the shares on January 7, 2020 and each one-year anniversary thereafter.