4//SEC Filing
Preiss Chad Robert 4
Accession 0001209191-20-042894
CIK 0000108312other
Filed
Jul 16, 8:00 PM ET
Accepted
Jul 17, 5:02 PM ET
Size
11.2 KB
Accession
0001209191-20-042894
Insider Transaction Report
Form 4
Preiss Chad Robert
Group Vice President
Transactions
- Exercise/Conversion
Woodward, Inc. Common Stock
2020-07-15+171.6→ 17,530.676 total - Tax Payment
Woodward, Inc. Common Stock
2020-07-15$79.27/sh−52.8$4,185→ 17,477.776 total - Exercise/Conversion
Phantom Stock
2020-07-15−171.6→ 27,631.6 totalFrom: 2020-07-15Exp: 2020-07-15→ Woodward, Inc. Common Stock (171.6 underlying)
Holdings
- 15,615(indirect: Woodward Retirement Savings Plan)
Woodward, Inc. Common Stock
Footnotes (5)
- [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 7/15/19 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 118.7 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]Shares withheld to cover the tax liability incident to the issuance of shares under the Woodward Executive Benefit Plan in accordance with Rule 16b-3.
- [F4]The information in this report regarding the number of shares held by the reporting person in the Woodward Retirement Savings Plan is based on the calculation of July 16, 2020.
- [F5]Phantom Stock Units disposed of incident to the settlement of a distribution from the Plan in accordance with Rule 16b-3.
Documents
Issuer
Woodward, Inc.
CIK 0000108312
Entity typeother
Related Parties
1- filerCIK 0001446897
Filing Metadata
- Form type
- 4
- Filed
- Jul 16, 8:00 PM ET
- Accepted
- Jul 17, 5:02 PM ET
- Size
- 11.2 KB