Filing Details

Accession Number:
0001209191-21-041376
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-06-17 15:34:59
Reporting Period:
2021-06-15
Accepted Time:
2021-06-17 15:34:59
SEC Url:
Form 4 Filing
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
1113706 A Thomas Gendron 1081 Woodward Way
Fort Collins CO 80524
President And Ceo Yes Yes 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 Acquisiton 2021-06-15 20,561 $0.00 26,348 No 4 M Direct
Woodward, Inc. Common Stock Disposition 2021-06-15 8,233 $121.48 18,115 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Woodward, Inc. Common Stock Phantom Stock Disposition 2021-06-15 20,561 $0.00 20,561 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
82,658 2021-06-15 2021-06-15 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Woodward, Inc. Common Stock 42,000 Indirect The T2G Family Foundation
Woodward, Inc. Common Stock 1,906 Indirect TEAGII, LLP
Woodward, Inc. Common Stock 94,350 Indirect The 2020 Gendron Legacy Trust
Woodward, Inc. Common Stock 94,350 Indirect The Gendron Descendants Trust
Woodward, Inc. Common Stock 20,812 Indirect Woodward Retirement Savings Plan
Footnotes
  1. The reporting person participates in the Woodward Executive Benefit Plan (Plan). Pursuant to an election made under the Plan, each phantom stock unit (PSU) distributed under the Plan on 6/15/2021 entitled the reporting person to receive on share of Woodward, Inc. (Company) common stock, less shares not distributed to the reporting person to cover tax liabilities. See footnote 3. The reporting person received a net distribution of 12,328 shares of Company common stock. PSUs are accrued under the Plan and are to be settled in 100% stock on a 1-for-1 basis at the distribution date specified at the time of election. Each PSU is the economic equivalent of one share of Company common stock. 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 PSUs acquired in connection with dividend re-investments and other acquisitions made under the Plan
  2. The acquisition of shares represents a predetermined automatic distribution from the Plan based on the terms of the Plan and does not represent an open-market purchase by the reporting person.
  3. Shares sold to cover the tax liability incident to the issuance of shares under the Woodward Executive Benefit Plan in accordance with Rule 16b-3.
  4. The T2G Family Foundation is a family foundation in which the Reporting Person retains control of the shares held by the foundation.
  5. TEAGII LLP is a limited partnership of which the reporting person is the sole general partner and of which the reporting person and his wife are the sole limited partners.
  6. The 2020 Gendron Legacy Trust is a family trust of which the reporting person's wife is the trustee.
  7. The Gendron Descendants Trust is a family trust of which the reporting person is the trustee.
  8. 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 June 15, 2021.
  9. Phantom Stock Units disposed of incident to the settlement of a distribution from the Plan in accordance with Rule 16b-3.