Randall Hobbs - 05 Dec 2022 Form 4 Insider Report for Woodward, Inc. (WWD)

Role
President, Industrial
Signature
Rebecca L. Dees, by Power of Attorney
Issuer symbol
WWD
Transactions as of
05 Dec 2022
Transactions value $
$0
Form type
4
Filing time
07 Dec 2022, 16:05:21 UTC
Next filing
29 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWD Woodward, Inc. Common Stock Award $0 +5.19K $0.00 5.19K 05 Dec 2022 Direct F1
transaction WWD Woodward, Inc. Common Stock Award $0 +36.3K +700.02% $0.00 41.5K 05 Dec 2022 Direct F2
transaction WWD Woodward, Inc. Common Stock Award $0 +2.87K +6.9% $0.00 44.4K 05 Dec 2022 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WWD Non-qualified Stock Options (Right to Buy) Award $0 +10.2K $0.00 10.2K 05 Dec 2022 Woodward, Inc. Common Stock 10.2K $96.30 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted an award of Restricted Stock Units ("RSUs"). All such RSUs will vest 100% on December 5, 2025. Upon vesting, the reporting person will receive one share of Woodward, Inc. common stock per RSU granted.
F2 The reporting person was granted an award of RSUs. RSUs will vest 50% on December 5, 2025 and 50% on December 5, 2026. Upon vesting, the reporting person will receive one share of Woodward, Inc. common stock per RSU granted.
F3 The reporting person was granted an award of RSUs. RSUs will vest 25% on December 5, 2023 and each one-year anniversary thereafter. Upon vesting, the reporting person will receive one share of Woodward, Inc. common stock per RSU granted.
F4 Options, which expire December 5, 2032, become exercisable as to 25% of the shares on December 5, 2023 and each one-year anniversary thereafter.