WWD

SEC source: 0001209191-18-058490 · doc4.xml · derivative · entry 7

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 123,000

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.

F5 · 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.

F5 · 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: 0001209191-18-058490 · 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 $80.43 to $81.80 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: 0001209191-18-058490 · doc4.xml · nonDerivative · entry 3

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: 0001209191-18-059091 · doc4.xml · nonDerivative · entry 1

PETROVICH MARY L · CIK 0001180069 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,883

SEC source: 0001209191-18-058490 · doc4.xml · derivative · entry 6

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 124,000

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.

F5 · 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.

F5 · 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: 0001209191-18-058490 · 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 $81.41 to $82.14 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: 0001209191-18-058490 · 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: 0001209191-18-058373 · doc4.xml · nonDerivative · entry 3

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Indirect · Held in trust for the benefit of a minor

Disclosed balance after: 700

SEC source: 0001209191-18-058373 · doc4.xml · nonDerivative · entry 2

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by wife

Disclosed balance after: 6,400

SEC source: 0001209191-18-054260 · doc4.xml · derivative · entry 1

Sega Ronald M · CIK 0001421389 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,783.952

Underlying: Woodward, Inc. Common Stock · 274.28 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents deferred director retainer fees invested in phantom stock units under the terms of the Woodward Executive Benefit Plan (the "Plan"). Phantom stock units are accrued under the Plan and are to be settled in 100% common stock on a one-for-one basis at the distribution date specified at the time of election, or if earlier, upon separation from the Issuer. The total shown represents the dollar amount of director retainer fees deferred, divided by the then current share price and, therefore, the number of shares reported may fluctuate from period to period.

F2 · derivative.exercise_price: Pursuant to an election made by Mr. Sega to defer his 2018 director retainer fees pursuant to the Plan, his director retainer fee was invested in phantom stock units on October 3, 2018.

F1 · shares: Represents deferred director retainer fees invested in phantom stock units under the terms of the Woodward Executive Benefit Plan (the "Plan"). Phantom stock units are accrued under the Plan and are to be settled in 100% common stock on a one-for-one basis at the distribution date specified at the time of election, or if earlier, upon separation from the Issuer. The total shown represents the dollar amount of director retainer fees deferred, divided by the then current share price and, therefore, the number of shares reported may fluctuate from period to period.

F2 · shares: Pursuant to an election made by Mr. Sega to defer his 2018 director retainer fees pursuant to the Plan, his director retainer fee was invested in phantom stock units on October 3, 2018.

F1 · derivative.exercise_date: Represents deferred director retainer fees invested in phantom stock units under the terms of the Woodward Executive Benefit Plan (the "Plan"). Phantom stock units are accrued under the Plan and are to be settled in 100% common stock on a one-for-one basis at the distribution date specified at the time of election, or if earlier, upon separation from the Issuer. The total shown represents the dollar amount of director retainer fees deferred, divided by the then current share price and, therefore, the number of shares reported may fluctuate from period to period.

F2 · derivative.exercise_date: Pursuant to an election made by Mr. Sega to defer his 2018 director retainer fees pursuant to the Plan, his director retainer fee was invested in phantom stock units on October 3, 2018.

F1 · derivative.expiration_date: Represents deferred director retainer fees invested in phantom stock units under the terms of the Woodward Executive Benefit Plan (the "Plan"). Phantom stock units are accrued under the Plan and are to be settled in 100% common stock on a one-for-one basis at the distribution date specified at the time of election, or if earlier, upon separation from the Issuer. The total shown represents the dollar amount of director retainer fees deferred, divided by the then current share price and, therefore, the number of shares reported may fluctuate from period to period.

F2 · derivative.expiration_date: Pursuant to an election made by Mr. Sega to defer his 2018 director retainer fees pursuant to the Plan, his director retainer fee was invested in phantom stock units on October 3, 2018.

SEC source: 0001209191-18-054126 · doc4.xml · derivative · entry 1

Taylor Matthew Freeman · CIK 0001381969 · President, Airframe Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,800

Underlying: Woodward, Inc. Common Stock · 10,800 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054117 · doc4.xml · derivative · entry 1

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,600

Underlying: Woodward, Inc. Common Stock · 27,600 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054114 · doc4.xml · derivative · entry 1

Patel Sagar A · CIK 0001523231 · Pres. Air. Turb. Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,100

Underlying: Woodward, Inc. Common Stock · 20,100 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054112 · doc4.xml · derivative · entry 1

Weber Robert F Jr · CIK 0001336978 · CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,900

Underlying: Woodward, Inc. Common Stock · 37,900 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054108 · doc4.xml · derivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,300

Underlying: Woodward, Inc. Common Stock · 29,300 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054105 · doc4.xml · derivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 139,100

Underlying: Woodward, Inc. Common Stock · 139,100 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054100 · doc4.xml · derivative · entry 1

Thayer Jonathan W · CIK 0001448765 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,200

Underlying: Woodward, Inc. Common Stock · 5,200 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054095 · doc4.xml · derivative · entry 1

Sega Ronald M · CIK 0001421389 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,200

Underlying: Woodward, Inc. Common Stock · 5,200 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054098 · doc4.xml · derivative · entry 1

SENGSTACK GREGG C · CIK 0001189242 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,200

Underlying: Woodward, Inc. Common Stock · 5,200 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054093 · doc4.xml · derivative · entry 1

RULSEH JAMES R · CIK 0001172676 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,200

Underlying: Woodward, Inc. Common Stock · 5,200 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054088 · doc4.xml · derivative · entry 1

PETROVICH MARY L · CIK 0001180069 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,200

Underlying: Woodward, Inc. Common Stock · 5,200 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054085 · doc4.xml · derivative · entry 1

Korte Daniel G. · CIK 0001603393 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,200

Underlying: Woodward, Inc. Common Stock · 5,200 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

F1 · derivative.expiration_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054082 · doc4.xml · derivative · entry 1

Drake Eileen P. · CIK 0001635474 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,200

Underlying: Woodward, Inc. Common Stock · 5,200 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

F1 · derivative.expiration_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054080 · doc4.xml · derivative · entry 1

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,200

Underlying: Woodward, Inc. Common Stock · 5,200 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-054077 · doc4.xml · derivative · entry 1

COHN JOHN D · CIK 0001180036 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,200

Underlying: Woodward, Inc. Common Stock · 5,200 shares

Expires 2028-09-30

F1 · derivative.exercise_date: Options, which expire September 30, 2028, become exercisable as to 25% of the shares on October 1, 2019 and each one-year anniversary thereafter.

SEC source: 0001209191-18-058373 · doc4.xml · nonDerivative · entry 1

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by wife

Disclosed balance after: 7,800

SEC source: 0001209191-18-050198 · doc4.xml · derivative · entry 7

PETROVICH MARY L · CIK 0001180069 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By self as sole trustee of Petrovich Remainder Trust - 2005.

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 678 shares

Expires 2018-11-23

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 November 23, 2018, became exercisable as to 25% of the shares on November 24, 2009 and each one-year anniversary thereafter.

F2 · derivative.expiration_date: Options, which expire November 23, 2018, became exercisable as to 25% of the shares on November 24, 2009 and each one-year anniversary thereafter.

SEC source: 0001209191-18-050198 · doc4.xml · derivative · entry 6

PETROVICH MARY L · CIK 0001180069 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 272 shares

Expires 2018-11-23

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 November 23, 2018, became exercisable as to 25% of the shares on November 24, 2009 and each one-year anniversary thereafter.

F2 · derivative.expiration_date: Options, which expire November 23, 2018, became exercisable as to 25% of the shares on November 24, 2009 and each one-year anniversary thereafter.

SEC source: 0001209191-18-050198 · doc4.xml · derivative · entry 5

PETROVICH MARY L · CIK 0001180069 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 2,850 shares

Expires 2018-11-23

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 November 23, 2018, became exercisable as to 25% of the shares on November 24, 2009 and each one-year anniversary thereafter.

F2 · derivative.expiration_date: Options, which expire November 23, 2018, became exercisable as to 25% of the shares on November 24, 2009 and each one-year anniversary thereafter.

SEC source: 0001209191-18-050198 · doc4.xml · nonDerivative · entry 4

PETROVICH MARY L · CIK 0001180069 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By self as sole trustee of Petrovich Remainder Trust - 2005.

Disclosed balance after: 1,703

SEC source: 0001209191-18-050198 · doc4.xml · nonDerivative · entry 3

PETROVICH MARY L · CIK 0001180069 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By self as sole trustee of Petrovich Remainder Trust - 2005.

Disclosed balance after: 2,381

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: 0001209191-18-050198 · doc4.xml · nonDerivative · entry 2

PETROVICH MARY L · CIK 0001180069 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,204

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 $79.75 to $79.811 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: 0001209191-18-050198 · doc4.xml · nonDerivative · entry 1

PETROVICH MARY L · CIK 0001180069 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,326

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: 0001209191-18-049103 · doc4.xml · derivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,000

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: 0001209191-18-049103 · 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 purchases, with prices ranging from $80.53 to $80.57 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: 0001209191-18-049103 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,506

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: 0001209191-18-047516 · doc4.xml · derivative · entry 4

Weber Robert F Jr · CIK 0001336978 · CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,000

Underlying: Woodward, Inc. Common Stock · 10,865 shares

Expires 2019-10-01

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.

F3 · derivative.exercise_date: Options, which expire on October 1, 2019, became exercisable at the rate of 25% per year beginning on October 1, 2010.

F3 · derivative.expiration_date: Options, which expire on October 1, 2019, became exercisable at the rate of 25% per year beginning on October 1, 2010.

SEC source: 0001209191-18-047516 · doc4.xml · nonDerivative · entry 2

Weber Robert F Jr · CIK 0001336978 · CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,533

F1 · price: The reporting person sold shares in multiple same day, same way open market transactions, with prices ranging from $79.00 to $79.35 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: 0001209191-18-047516 · doc4.xml · nonDerivative · entry 1

Weber Robert F Jr · CIK 0001336978 · CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,688

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: 0001209191-18-046933 · doc4.xml · derivative · entry 4

Weber Robert F Jr · CIK 0001336978 · CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,865

Underlying: Woodward, Inc. Common Stock · 9,135 shares

Expires 2019-10-01

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.

F3 · derivative.exercise_date: Options, which expire on October 1, 2019, became exercisable at the rate of 25% per year beginning on October 1, 2010.

F3 · derivative.expiration_date: Options, which expire on October 1, 2019, became exercisable at the rate of 25% per year beginning on October 1, 2010.

SEC source: 0001209191-18-046933 · doc4.xml · nonDerivative · entry 2

Weber Robert F Jr · CIK 0001336978 · CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,533

F1 · price: The reporting person sold shares in multiple same day, same way open market transactions, with prices ranging from $80.00 to $80.71 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: 0001209191-18-046933 · doc4.xml · nonDerivative · entry 1

Weber Robert F Jr · CIK 0001336978 · CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,688

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: 0001209191-18-046359 · doc4.xml · derivative · entry 7

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 2,188 shares

Expires 2018-11-24

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 November 24, 2018, became exercisable as to 25% of the shares on November 24, 2009 and each one-year anniversary thereafter.

F4 · derivative.expiration_date: Options, which expire November 24, 2018, became exercisable as to 25% of the shares on November 24, 2009 and each one-year anniversary thereafter.

SEC source: 0001209191-18-046359 · doc4.xml · nonDerivative · entry 4

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,000.387

F2 · price: The reporting person sold shares in multiple same day, same way open market sales, with prices ranging from $80.30 to $80.60 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: 0001209191-18-046359 · doc4.xml · nonDerivative · entry 3

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,188.387

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: 0001209191-18-046359 · doc4.xml · derivative · entry 6

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,188

Underlying: Woodward, Inc. Common Stock · 4,812 shares

Expires 2018-11-24

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 November 24, 2018, became exercisable as to 25% of the shares on November 24, 2009 and each one-year anniversary thereafter.

F4 · derivative.expiration_date: Options, which expire November 24, 2018, became exercisable as to 25% of the shares on November 24, 2009 and each one-year anniversary thereafter.

SEC source: 0001209191-18-046359 · doc4.xml · nonDerivative · entry 2

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,000.387

F1 · price: The reporting person sold shares in multiple same day, same way open market sales, with prices ranging from $80.75 to $81.00 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: 0001209191-18-046359 · doc4.xml · nonDerivative · entry 1

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,812.387

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: 0001209191-18-048047 · doc4.xml · nonDerivative · entry 1

RULSEH JAMES R · CIK 0001172676 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,000

F1 · date: This transaction was inadvertently previously not reported.

SEC source: 0001209191-18-042893 · doc4.xml · derivative · entry 4

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,291.82

Underlying: Woodward, Inc. Common Stock · 169.629 shares

Expires 2018-07-13

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 7/13/2018 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 124 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.