WWD

SEC source: 0001209191-20-048583 · doc4.xml · derivative · entry 5

Fawzy Christopher · CIK 0001299623 · VP, Gen Counsel & Corp Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 9,150 shares

Expires 2021-10-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: Options, which expire October 3, 2021, became exercisable as to 25% of the shares on October 3, 2012, and each one-year anniversary thereafter.

F2 · derivative.expiration_date: Options, which expire October 3, 2021, became exercisable as to 25% of the shares on October 3, 2012, and each one-year anniversary thereafter.

SEC source: 0001209191-20-048583 · doc4.xml · nonDerivative · entry 3

Fawzy Christopher · CIK 0001299623 · VP, Gen Counsel & Corp Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,506

SEC source: 0001209191-20-048583 · doc4.xml · nonDerivative · entry 2

Fawzy Christopher · CIK 0001299623 · VP, Gen Counsel & Corp Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,081

SEC source: 0001209191-20-048583 · doc4.xml · nonDerivative · entry 1

Fawzy Christopher · CIK 0001299623 · VP, Gen Counsel & Corp Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,656

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-048256 · doc4.xml · derivative · entry 4

Preiss Chad Robert · CIK 0001446897 · Business Unit President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,500

Underlying: Woodward, Inc. Common Stock · 11,500 shares

Expires 2021-10-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: Options, which expire October 3, 2021 became exercisable as to 25% of the shares on October 3, 2012 and each one-year anniversary thereafter.

F3 · derivative.expiration_date: Options, which expire October 3, 2021 became exercisable as to 25% of the shares on October 3, 2012 and each one-year anniversary thereafter.

SEC source: 0001209191-20-048256 · doc4.xml · nonDerivative · entry 2

Preiss Chad Robert · CIK 0001446897 · Business Unit President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,477.776

F1 · price: The reporting person sold shares in multiple same day, same way open market sales, with prices ranging from $83.50 to $83.94 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the sales. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

SEC source: 0001209191-20-048256 · doc4.xml · nonDerivative · entry 1

Preiss Chad Robert · CIK 0001446897 · Business Unit President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,977.776

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-046923 · doc4.xml · derivative · entry 5

Weber Robert F Jr · CIK 0001336978 · Vice Chairman & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 30,800 shares

Expires 2022-10-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: Options, which expire on October 1, 2022, became exercisable at the rate of 25% per year beginning on October 1, 2013.

F4 · derivative.expiration_date: Options, which expire on October 1, 2022, became exercisable at the rate of 25% per year beginning on October 1, 2013.

SEC source: 0001209191-20-046923 · doc4.xml · nonDerivative · entry 3

Weber Robert F Jr · CIK 0001336978 · Vice Chairman & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,553

F2 · price: The reporting person sold shares in multiple same day, same way open market transactions, with prices ranging from $84.31 to $85.30 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the sales. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

SEC source: 0001209191-20-046923 · doc4.xml · nonDerivative · entry 2

Weber Robert F Jr · CIK 0001336978 · Vice Chairman & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,490

F1 · price: The reporting person sold shares in multiple same day, same way open market transactions, with prices ranging from $85.31 to $85.37 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the sales. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

SEC source: 0001209191-20-046923 · doc4.xml · nonDerivative · entry 1

Weber Robert F Jr · CIK 0001336978 · Vice Chairman & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,353

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-046514 · doc4.xml · derivative · entry 8

Weber Robert F Jr · CIK 0001336978 · Vice Chairman & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 10,526 shares

Expires 2021-10-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: Options, which expire on October 3, 2021, became exercisable at the rate of 25% per year beginning on October 3, 2012.

F5 · derivative.expiration_date: Options, which expire on October 3, 2021, became exercisable at the rate of 25% per year beginning on October 3, 2012.

SEC source: 0001209191-20-046514 · doc4.xml · nonDerivative · entry 5

Weber Robert F Jr · CIK 0001336978 · Vice Chairman & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,553

F3 · price: The reporting person sold shares in multiple same day, same way open market transactions, with prices ranging from $85.69 to $86.48 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the sales. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

SEC source: 0001209191-20-046514 · doc4.xml · nonDerivative · entry 4

Weber Robert F Jr · CIK 0001336978 · Vice Chairman & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,079

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-046352 · doc4.xml · derivative · entry 4

COHN JOHN D · CIK 0001180036 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 6,700 shares

Expires 2022-10-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: Options, which expire October 3, 2021, became exercisable as to 25% of the shares on October 3, 2012 and each one-year anniversary thereafter.

F3 · derivative.expiration_date: Options, which expire October 3, 2021, became exercisable as to 25% of the shares on October 3, 2012 and each one-year anniversary thereafter.

SEC source: 0001209191-20-046352 · doc4.xml · nonDerivative · entry 3

COHN JOHN D · CIK 0001180036 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,000

F2 · price: The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $86.54 to $86.57 per share. The reporting person has reported these sales on an aggrarate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company, or a security holder of the Company, full information regarding the number fo shares purchased at each separate price.

SEC source: 0001209191-20-046352 · doc4.xml · nonDerivative · entry 2

COHN JOHN D · CIK 0001180036 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,816

F1 · price: The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $85.54 to $86.53 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

SEC source: 0001209191-20-046352 · doc4.xml · nonDerivative · entry 1

COHN JOHN D · CIK 0001180036 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,700

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-046313 · doc4.xml · derivative · entry 4

PETROVICH MARY L · CIK 0001180069 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 6,200 shares

Expires 2020-10-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: Options, which expire October 1, 2020, became exercisable as to 25% of the shares on October 1, 2011 and each one-year anniversary thereafter.

F1 · derivative.expiration_date: Options, which expire October 1, 2020, became exercisable as to 25% of the shares on October 1, 2011 and each one-year anniversary thereafter.

SEC source: 0001209191-20-046313 · doc4.xml · nonDerivative · entry 2

PETROVICH MARY L · CIK 0001180069 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,015

SEC source: 0001209191-20-046313 · doc4.xml · nonDerivative · entry 1

PETROVICH MARY L · CIK 0001180069 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,215

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-046514 · doc4.xml · derivative · entry 7

Weber Robert F Jr · CIK 0001336978 · Vice Chairman & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,526

Underlying: Woodward, Inc. Common Stock · 11,974 shares

Expires 2021-10-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: Options, which expire on October 3, 2021, became exercisable at the rate of 25% per year beginning on October 3, 2012.

F5 · derivative.expiration_date: Options, which expire on October 3, 2021, became exercisable at the rate of 25% per year beginning on October 3, 2012.

SEC source: 0001209191-20-046514 · doc4.xml · nonDerivative · entry 3

Weber Robert F Jr · CIK 0001336978 · Vice Chairman & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,553

F2 · price: The reporting person sold shares in multiple same day, same way open market transactions, with prices ranging from $87.06 to $87.51 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the sales. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

SEC source: 0001209191-20-046514 · doc4.xml · nonDerivative · entry 2

Weber Robert F Jr · CIK 0001336978 · Vice Chairman & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,715

F1 · price: The reporting person sold shares in multiple same day, same way open market transactions, with prices ranging from $86.00 to $86.54 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the sales. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

SEC source: 0001209191-20-046514 · doc4.xml · nonDerivative · entry 1

Weber Robert F Jr · CIK 0001336978 · Vice Chairman & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,527

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-046320 · doc4.xml · derivative · entry 4

Fawzy Christopher · CIK 0001299623 · VP, Gen Counsel & Corp Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,150

Underlying: Woodward, Inc. Common Stock · 4,575 shares

Expires 2021-10-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: Options, which expire October 3, 2021, became exercisable as to 25% of the shares on October 3, 2012, and each one-year anniversary thereafter.

F3 · derivative.expiration_date: Options, which expire October 3, 2021, became exercisable as to 25% of the shares on October 3, 2012, and each one-year anniversary thereafter.

SEC source: 0001209191-20-046320 · doc4.xml · nonDerivative · entry 2

Fawzy Christopher · CIK 0001299623 · VP, Gen Counsel & Corp Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,506

F1 · price: The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $84.27 to $84.28 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

SEC source: 0001209191-20-046320 · doc4.xml · nonDerivative · entry 1

Fawzy Christopher · CIK 0001299623 · VP, Gen Counsel & Corp Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,081

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-042894 · doc4.xml · derivative · entry 4

Preiss Chad Robert · CIK 0001446897 · Business Unit President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,631.6

Underlying: Woodward, Inc. Common Stock · 171.6 shares

Expires 2020-07-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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 · derivative.exercise_price: 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.

F5 · kind: Phantom Stock Units disposed of incident to the settlement of a distribution from the Plan in accordance with Rule 16b-3.

SEC source: 0001209191-20-042894 · doc4.xml · nonDerivative · entry 2

Preiss Chad Robert · CIK 0001446897 · Business Unit President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,477.776

F3 · shares: 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.

SEC source: 0001209191-20-042894 · doc4.xml · nonDerivative · entry 1

Preiss Chad Robert · CIK 0001446897 · Business Unit President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,530.676

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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 · shares: 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.

F1 · price: 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 · price: 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.

SEC source: 0001209191-20-042899 · doc4.xml · derivative · entry 4

GENDRON THOMAS A · CIK 0001113706 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 110,716.8

Underlying: Woodward, Inc. Common Stock · 8,470.7 shares

Expires 2020-07-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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 6782.5 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

F2 · derivative.exercise_price: 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.

F5 · kind: Phantom Stock Units disposed of incident to the settlement of a distribution from the Plan in accordance with Rule 16b-3.

SEC source: 0001209191-20-042899 · doc4.xml · nonDerivative · entry 2

GENDRON THOMAS A · CIK 0001113706 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,782.5

F3 · shares: 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.

SEC source: 0001209191-20-042899 · doc4.xml · nonDerivative · entry 1

GENDRON THOMAS A · CIK 0001113706 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,470.7

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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 6782.5 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

F2 · shares: 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.

F1 · price: 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 6782.5 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

F2 · price: 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.

SEC source: 0001209191-21-010424 · doc4a.xml · derivative · entry 3

GENDRON THOMAS A · CIK 0001113706 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 110,716

Underlying: Woodward, Inc. Common Stock · 8,471 shares

Expires 2020-07-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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 7/15/20 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 6217 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 · derivative.exercise_price: 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.

F4 · kind: Phantom Stock Units disposed of incident to the settlement of a distribution from the Plan in accordance with Rule 16b-3.

SEC source: 0001209191-21-010424 · doc4a.xml · nonDerivative · entry 2

GENDRON THOMAS A · CIK 0001113706 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · Held in the TEAGII, LLP

Disclosed balance after: 190,607

F3 · shares: 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.

SEC source: 0001209191-21-010424 · doc4a.xml · nonDerivative · entry 1

GENDRON THOMAS A · CIK 0001113706 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · Held in the TEAGII, LLP

Disclosed balance after: 192,861

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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 7/15/20 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 6217 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 · shares: 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.

F1 · price: 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 7/15/20 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 6217 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 · price: 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.

SEC source: 0001209191-20-034637 · doc4.xml · derivative · entry 5

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Options held indirectly in the DJPC&G, LLC

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 6,700 shares

Expires 2021-10-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: Options are fully vested and exercisable.

F5 · balance_after: Reflects the Reporting Person's transfer of vested options to DJPC&G, LLC (the "LLC"). The Reporting Person and his spouse are members of the LLC.

SEC source: 0001209191-20-034637 · doc4.xml · nonDerivative · entry 3

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Shares held indirectly in the DJPC&G, LLC

Disclosed balance after: 0

F2 · price: The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $76.00 to $76.06 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

SEC source: 0001209191-20-034637 · doc4.xml · nonDerivative · entry 2

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Shares held indirectly in the DJPC&G, LLC

Disclosed balance after: 6,700

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-034637 · doc4.xml · nonDerivative · entry 1

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · price: The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $73.60 to $73.98 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

SEC source: 0001209191-20-033899 · doc4.xml · derivative · entry 4

Fawzy Christopher · CIK 0001299623 · VP, Gen Counsel & Corp Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,725

Underlying: Woodward, Inc. Common Stock · 4,575 shares

Expires 2021-10-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: Options, which expire October 3, 2021, became exercisable as to 25% of the shares on October 3, 2012, and each one-year anniversary thereafter.

F2 · derivative.expiration_date: Options, which expire October 3, 2021, became exercisable as to 25% of the shares on October 3, 2012, and each one-year anniversary thereafter.

SEC source: 0001209191-20-033899 · doc4.xml · nonDerivative · entry 2

Fawzy Christopher · CIK 0001299623 · VP, Gen Counsel & Corp Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,506

SEC source: 0001209191-20-033899 · doc4.xml · nonDerivative · entry 1

Fawzy Christopher · CIK 0001299623 · VP, Gen Counsel & Corp Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,081

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-032620 · doc4.xml · derivative · entry 6

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Options held indirectly in the DJPC&G, LLC

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 6,200 shares

Expires 2020-10-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: Options are fully vested and exercisable.

SEC source: 0001209191-20-032620 · doc4.xml · nonDerivative · entry 2

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Shares held indirectly in the DJPC&G, LLC

Disclosed balance after: 0

F1 · price: The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $67.00 to $67.32 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

SEC source: 0001209191-20-032620 · doc4.xml · nonDerivative · entry 1

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Shares held indirectly in the DJPC&G, LLC

Disclosed balance after: 6,200

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-030430 · doc4.xml · derivative · entry 3

COHN JOHN D · CIK 0001180036 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 6,200 shares

Expires 2020-10-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: Options, which expire October 1, 2020, became exercisable as to 25% of the shares on October 1, 2011 and each one-year anniversary thereafter.

F1 · derivative.expiration_date: Options, which expire October 1, 2020, became exercisable as to 25% of the shares on October 1, 2011 and each one-year anniversary thereafter.

SEC source: 0001209191-20-030430 · doc4.xml · nonDerivative · entry 2

COHN JOHN D · CIK 0001180036 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,000

SEC source: 0001209191-20-030430 · doc4.xml · nonDerivative · entry 1

COHN JOHN D · CIK 0001180036 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,200

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.