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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
108312	Woodward Inc.	WWD	Electrical Industrial Apparatus (3620)	361984010

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1113697	A John Halbrook	1000 E. Drake Road Fort Collins CO 80525		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Woodward, Inc. Common Stock	Disposition	2014-11-20	3,000	$51.25	459,131	No	4	S	Direct
Woodward, Inc. Common Stock	Disposition	2014-11-20	4,000	$51.50	455,131	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Woodward, Inc. Common Stock	245,000	Indirect	By Benita K. Halbrook as trustee for the John A. Halbrook Grantor Retained Annuity Trust
Woodward, Inc. Common Stock	134,472	Indirect	By self as trustee for the Benita K. Halbrook Grantor Retained Annuity Trust
Woodward, Inc. Common Stock	100,528	Indirect	By self as co-trustee for The Benita K. Halbrook Living Trust
Woodward, Inc. Common Stock	254,343	Indirect	By self as holder of note

Footnotes

Shares sold by the Halbrook Family Foundation.
Holding total reflects 245,000 shares transferred, without consideration, to the John A. Halbrook Grantor Retained Annuity Trust.
Totals reflect transfers, without consideration, between the Benita K. Halbrook GRAT and the Benita K. Halbrook Living Trust.
Total reflects transfer, without consideration, of 4,021 shares to the John Halbrook Living Trust (the "Living Trust"). Shares held by the Living Trust are reported within the Reporting Person's direct ownership.