WWD

SEC source: 0001209191-19-008234 · doc4.xml · nonDerivative · entry 5

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,390

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

SEC source: 0001209191-19-008234 · doc4.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,428

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

F3 · 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 $89.22 to $90.07 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: 0001209191-19-008234 · doc4.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 234,890

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: 0001209191-19-008234 · doc4.xml · derivative · entry 10

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,010

Underlying: Woodward, Inc. Common Stock · 8,500 shares

Expires 2019-09-30

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.

F6 · derivative.exercise_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

F6 · derivative.expiration_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

SEC source: 0001209191-19-008234 · doc4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,390

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

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 $89.62 to $90.50 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: 0001209191-19-008234 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 234,890

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: 0001209191-19-007266 · doc4.xml · derivative · entry 4

Preiss Chad Robert · CIK 0001446897 · Pres., Industrial Control Syst

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,000

Underlying: Woodward, Inc. Common Stock · 14,000 shares

Expires 2020-09-30

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 September 30, 2020 became exercisable as to 25% of the shares on October 1, 2011 and each one-year anniversary thereafter.

F3 · derivative.expiration_date: Options, which expire September 30, 2020 became exercisable as to 25% of the shares on October 1, 2011 and each one-year anniversary thereafter.

SEC source: 0001209191-19-007266 · doc4.xml · nonDerivative · entry 2

Preiss Chad Robert · CIK 0001446897 · Pres., Industrial Control Syst

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,127.457

F1 · price: The reporting person sold shares in multiple same day, same way open market sales, with prices ranging from $89.50 to $89.98 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 Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

SEC source: 0001209191-19-007266 · doc4.xml · nonDerivative · entry 1

Preiss Chad Robert · CIK 0001446897 · Pres., Industrial Control Syst

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,127.457

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: 0001209191-19-007258 · doc4.xml · derivative · entry 9

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 76,510

Underlying: Woodward, Inc. Common Stock · 8,500 shares

Expires 2019-09-30

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.

F6 · derivative.exercise_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

F6 · derivative.expiration_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

SEC source: 0001209191-19-007258 · doc4.xml · nonDerivative · entry 6

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,390

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

SEC source: 0001209191-19-007258 · doc4.xml · nonDerivative · entry 5

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 231,390

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

F4 · 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 $88.64 to $89.60 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: 0001209191-19-007258 · doc4.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 234,890

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: 0001209191-19-007258 · doc4.xml · derivative · entry 8

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 85,010

Underlying: Woodward, Inc. Common Stock · 8,490 shares

Expires 2019-09-30

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.

F6 · derivative.exercise_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

F6 · derivative.expiration_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

SEC source: 0001209191-19-007258 · doc4.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,930

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

F3 · 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 $89.95 to $90.85 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: 0001209191-19-007258 · doc4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 232,860

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

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 $88.75 to $89.68 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: 0001209191-19-007258 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 234,880

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: 0001209191-19-006249 · doc4.xml · derivative · entry 13

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 93,500

Underlying: Woodward, Inc. Common Stock · 8,500 shares

Expires 2019-09-30

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.

F7 · derivative.exercise_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

F7 · derivative.expiration_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

SEC source: 0001209191-19-006249 · doc4.xml · nonDerivative · entry 9

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,390

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

SEC source: 0001209191-19-006249 · doc4.xml · nonDerivative · entry 8

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 231,390

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

F5 · 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 $86.76 to $87.11 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: 0001209191-19-006249 · doc4.xml · nonDerivative · entry 7

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 234,290

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

F4 · 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 $85.76 to $86.56 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: 0001209191-19-006249 · doc4.xml · nonDerivative · entry 6

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 234,890

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: 0001209191-19-006445 · doc4.xml · derivative · entry 4

Taylor Matthew Freeman · CIK 0001381969 · President, Airframe Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,000

Underlying: Woodward, Inc. Common Stock · 6,000 shares

Expires 2019-09-30

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 September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

F3 · derivative.expiration_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

SEC source: 0001209191-19-006445 · doc4.xml · nonDerivative · entry 2

Taylor Matthew Freeman · CIK 0001381969 · President, Airframe Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,836.466

F1 · price: The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market purchases, with prices ranging from $90.46 to $90.65 per share. The reporting person has reported these purchases 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 purchased at each separate price.

SEC source: 0001209191-19-006445 · doc4.xml · nonDerivative · entry 1

Taylor Matthew Freeman · CIK 0001381969 · President, Airframe Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,836.466

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: 0001209191-19-006441 · 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 · 7,600 shares

Expires 2019-09-30

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 September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

F2 · derivative.expiration_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

SEC source: 0001209191-19-006441 · doc4.xml · nonDerivative · entry 2

COHN JOHN D · CIK 0001180036 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,000

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 $88.01 to $88.16 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: 0001209191-19-006441 · doc4.xml · nonDerivative · entry 1

COHN JOHN D · CIK 0001180036 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,600

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: 0001209191-19-006249 · doc4.xml · derivative · entry 12

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 102,000

Underlying: Woodward, Inc. Common Stock · 3,500 shares

Expires 2019-09-30

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.

F7 · derivative.exercise_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

F7 · derivative.expiration_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

SEC source: 0001209191-19-006249 · doc4.xml · nonDerivative · entry 5

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,390

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

F3 · 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 $86.24 to $86.75 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: 0001209191-19-006249 · doc4.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 227,490

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

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 $85.01 to $85.81 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: 0001209191-19-006249 · doc4.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 229,890

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: 0001209191-19-007031 · doc4a.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 229,890

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 · acquired: This Form 4/A corrects Table I, row 3, column 4 in the original filing.

SEC source: 0001209191-19-006249 · doc4.xml · derivative · entry 11

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 105,500

Underlying: Woodward, Inc. Common Stock · 1,000 shares

Expires 2019-09-30

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.

F7 · derivative.exercise_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

F7 · derivative.expiration_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

SEC source: 0001209191-19-006249 · doc4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,390

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

SEC source: 0001209191-19-006249 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 227,390

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: 0001209191-19-004204 · doc4.xml · derivative · entry 4

Taylor Matthew Freeman · CIK 0001381969 · President, Airframe Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,930.545

Underlying: Woodward, Inc. Common Stock · 847 shares

Expires 2019-01-15

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.

F2 · 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 01/15/2019 entitled the reporting person to receive one 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 539 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 also includes PSUs acquired in connection with dividend re-investments under the Plan.

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: 0001209191-19-004204 · doc4.xml · nonDerivative · entry 2

Taylor Matthew Freeman · CIK 0001381969 · President, Airframe Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,836.466

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: 0001209191-19-004204 · doc4.xml · nonDerivative · entry 1

Taylor Matthew Freeman · CIK 0001381969 · President, Airframe Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,144

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 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.

F2 · 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 01/15/2019 entitled the reporting person to receive one 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 539 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 also includes PSUs acquired in connection with dividend re-investments under the Plan.

F1 · 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.

F2 · 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 01/15/2019 entitled the reporting person to receive one 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 539 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 also includes PSUs acquired in connection with dividend re-investments under the Plan.

SEC source: 0001209191-19-003065 · doc4.xml · derivative · entry 2

Thayer Jonathan W · CIK 0001448765 · Director · Vice Chair, Corp. Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,700

Underlying: Woodward, Inc. Common Stock · 71,700 shares

Expires 2029-01-06

F2 · derivative.exercise_date: Options, which expire January 6, 2029 became exercisable as to 25% of the shares on January 7, 2020 and each one-year anniversary thereafter.

F2 · derivative.expiration_date: Options, which expire January 6, 2029 became exercisable as to 25% of the shares on January 7, 2020 and each one-year anniversary thereafter.

SEC source: 0001209191-19-003065 · doc4.xml · derivative · entry 1

Thayer Jonathan W · CIK 0001448765 · Director · Vice Chair, Corp. Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 116,000

Underlying: Woodward, Inc. Common Stock · 116,000 shares

Expires 2029-01-06

F1 · derivative.exercise_date: Options, which expire January 6, 2029 became exercisable as to 50% of the shares on January 7, 2021 and as to 25% of the shares each one-year anniversary thereafter.

F1 · derivative.expiration_date: Options, which expire January 6, 2029 became exercisable as to 50% of the shares on January 7, 2021 and as to 25% of the shares each one-year anniversary thereafter.

SEC source: 0001209191-18-061359 · doc4.xml · derivative · entry 10

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 106,500

Underlying: Woodward, Inc. Common Stock · 1,000 shares

Expires 2019-09-30

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.

F7 · derivative.exercise_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

F7 · derivative.expiration_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

SEC source: 0001209191-18-061359 · doc4.xml · nonDerivative · entry 7

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,390

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

F5 · 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 $82.87 to $82.91 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: 0001209191-18-061359 · doc4.xml · nonDerivative · entry 6

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,550

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

F4 · 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 $81.84 to $82.71 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: 0001209191-18-061359 · doc4.xml · nonDerivative · entry 5

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 227,390

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: 0001209191-18-060781 · doc4.xml · derivative · entry 3

Sega Ronald M · CIK 0001421389 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 7,600 shares

Expires 2019-09-30

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 September 30, 2019, become exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

SEC source: 0001209191-18-060781 · doc4.xml · nonDerivative · entry 2

Sega Ronald M · CIK 0001421389 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,275

SEC source: 0001209191-18-060781 · doc4.xml · nonDerivative · entry 1

Sega Ronald M · CIK 0001421389 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,400

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: 0001209191-18-061359 · doc4.xml · derivative · entry 9

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 107,500

Underlying: Woodward, Inc. Common Stock · 3,500 shares

Expires 2019-09-30

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.

F7 · derivative.exercise_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

F7 · derivative.expiration_date: Options, which expire September 30, 2019, became exercisable as to 25% of the shares on October 1, 2010 and each one-year anniversary thereafter.

SEC source: 0001209191-18-061359 · doc4.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,390

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 6, 2018.

F3 · 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 $85.10 to $85.13 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.