Form 4 for WWD Woodward, Inc.
Accepted 2022-01-20 00:00:00 ET · period of report 2022-01-18 · accession 0001209191-22-003940 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-01-20 | 2022-01-18 | WWD | Sega Ronald M | Dir | M - OptEx | — | +1,152 | 13.6K | +9% | — |
| D | 2022-01-20 | 2022-01-18 | WWD | Sega Ronald M | Dir | M - OptEx | $0.00 | -1,152 | 2,701 | -30% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Woodward, Inc. Common Stock | 2022-01-18 | M | A | 1,152 | — | 13,603 | D | — | — | (F1) 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 1/18/2022 entitled the reporting person to receive one share of Woodward, Inc. (Company) common stock. The reporting person received a distribution of 1,152 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. (F2) 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. (F3) Total reflects 176 shares acquired upon reinvestment of dividends since the date of the reporting person's last Form 4 with Table I reporting. |
| 2 | Derivative | Phantom Stock | 2022-01-18 | M | D | 1,152 | $0.00 | 2,701 | D | — · 2022-01-18 to 2022-01-18 | 1,152 Woodward, Inc. Common Stock | (F1) 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 1/18/2022 entitled the reporting person to receive one share of Woodward, Inc. (Company) common stock. The reporting person received a distribution of 1,152 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. (F2) 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. |