Woodward, Inc. 4
4 · Woodward, Inc. · Filed Nov 25, 2014
Insider Transaction Report
Form 4
Rudolph James D
President, Ind. Turb. Systems
Transactions
- Award
Phantom Stock
2014-11-21$51.82/sh+2,412.424$125,012→ 5,374.017 total→ Woodward, Inc. Common Stock (2,412.424 underlying)
Footnotes (1)
- [F1]The reporting person participates in the Woodward Executive Benefit Plan and has elected to have a portion of his Management Incentive Plan bonus deferred and denominated in Company stock. Phantom stock units are accrued under the Plan and are to be settled in 100% stock on a one-for-one basis upon separation from the Company. 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 shares acquired under the Company's Dividend Reinvestment Plan.