WWD

SEC source: 0001209191-17-055683 · doc4.xml · derivative · entry 1

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,000

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

Expires 2027-10-01

F1 · derivative.exercise_date: Options, which expire October 1, 2027, become exercisable as to 25% of the shares on October 2, 2018 and each one-year anniversary thereafter.

SEC source: 0001209191-17-055678 · doc4.xml · derivative · entry 1

COHN JOHN D · CIK 0001180036 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,000

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

Expires 2027-10-01

F1 · derivative.exercise_date: Options, which expire October 1, 2027, become exercisable as to 25% of the shares on October 2, 2018 and each one-year anniversary thereafter.

SEC source: 0001209191-17-051240 · doc4.xml · nonDerivative · entry 1

HALBROOK JOHN A · CIK 0001113697 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 345,720.999

SEC source: 0001209191-17-049367 · doc4.xml · derivative · entry 9

HALBROOK JOHN A · CIK 0001113697 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 5,700 shares

Expires 2017-11-15

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.

F4 · derivative.exercise_date: Options, which expire November 15, 2017, became exercisable at the rate of 25% per year beginning on November 16, 2008, and each one year anniversary thereafter.

F4 · derivative.expiration_date: Options, which expire November 15, 2017, became exercisable at the rate of 25% per year beginning on November 16, 2008, and each one year anniversary thereafter.

SEC source: 0001209191-17-049367 · doc4.xml · nonDerivative · entry 4

HALBROOK JOHN A · CIK 0001113697 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 347,520.999

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 $70.00 to $70.2839 per share. The reporting person has reported these shares 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: 0001209191-17-049367 · doc4.xml · nonDerivative · entry 3

HALBROOK JOHN A · CIK 0001113697 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 354,664.999

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: 0001209191-17-049367 · doc4.xml · nonDerivative · entry 2

HALBROOK JOHN A · CIK 0001113697 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 348,964.999

SEC source: 0001209191-17-048373 · doc4.xml · derivative · entry 7

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 4,982 shares

Expires 2017-11-15

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.

F3 · derivative.exercise_date: Options, which expire November 15, 2017, became exercisable as to 25% of the shares on November 16, 2008, and each one-year anniversary thereafter.

F3 · derivative.expiration_date: Options, which expire November 15, 2017, became exercisable as to 25% of the shares on November 16, 2008, and each one-year anniversary thereafter.

SEC source: 0001209191-17-048373 · doc4.xml · nonDerivative · entry 4

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,334

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 $70.40 to $70.50 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: 0001209191-17-048373 · doc4.xml · nonDerivative · entry 3

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,316

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: 0001209191-17-048373 · doc4.xml · derivative · entry 6

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,982

Underlying: Woodward, Inc. Common Stock · 718 shares

Expires 2017-11-15

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.

F3 · derivative.exercise_date: Options, which expire November 15, 2017, became exercisable as to 25% of the shares on November 16, 2008, and each one-year anniversary thereafter.

F3 · derivative.expiration_date: Options, which expire November 15, 2017, became exercisable as to 25% of the shares on November 16, 2008, and each one-year anniversary thereafter.

SEC source: 0001209191-17-048373 · doc4.xml · nonDerivative · entry 2

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,334

SEC source: 0001209191-17-048373 · doc4.xml · nonDerivative · entry 1

DONOVAN PAUL · CIK 0001017674 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,052

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: 0001209191-17-049367 · doc4.xml · nonDerivative · entry 1

HALBROOK JOHN A · CIK 0001113697 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 350,520.999

F1 · kind: The Reporting Person executed a transfer of 29,186 shares held in the John A. Halbrook Grantor Annuity Trust to the John A. Halbrook Living Trust.

SEC source: 0001209191-17-045894 · doc4.xml · derivative · entry 4

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,811.22

Underlying: Woodward, Inc. Common Stock · 168.94 shares

Expires 2017-07-19

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 7/19/2017 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 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: 0001209191-17-045894 · doc4.xml · nonDerivative · entry 2

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,760.28

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: 0001209191-17-045894 · doc4.xml · nonDerivative · entry 1

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,811.22

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 7/19/2017 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 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 7/19/2017 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 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: 0001209191-17-044375 · doc4.xml · derivative · entry 1

Sega Ronald M · CIK 0001421389 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,354.346

Underlying: Woodward, Inc. Common Stock · 297.841 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 2017 director retainer fees pursuant to the Plan, his director retainer fee was invested in phantom stock units on July 6, 2017.

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 2017 director retainer fees pursuant to the Plan, his director retainer fee was invested in phantom stock units on July 6, 2017.

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 2017 director retainer fees pursuant to the Plan, his director retainer fee was invested in phantom stock units on July 6, 2017.

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 2017 director retainer fees pursuant to the Plan, his director retainer fee was invested in phantom stock units on July 6, 2017.

SEC source: 0001209191-17-033359 · doc4.xml · derivative · entry 4

Weber Robert F Jr · CIK 0001336978 · CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,000

Underlying: Woodward, Inc. Common Stock · 14,500 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.

F3 · derivative.exercise_date: Options, which expire on November 24, 2018, became exercisable at the rate of 25% per year beginning on November 24, 2009.

F3 · derivative.expiration_date: Options, which expire on November 24, 2018, became exercisable at the rate of 25% per year beginning on November 24, 2009.

SEC source: 0001209191-17-033359 · 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 $66.40 to $66.60 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 Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

SEC source: 0001209191-17-033359 · doc4.xml · nonDerivative · entry 1

Weber Robert F Jr · CIK 0001336978 · CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,053

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: 0001209191-17-028634 · doc4.xml · nonDerivative · entry 1

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 $67.86 to $68.74 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: 0001209191-17-026446 · doc4.xml · derivative · entry 1

Sega Ronald M · CIK 0001421389 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,053.66

Underlying: Woodward, Inc. Common Stock · 290.82 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 2017 director retainer fees pursuant to the Plan, his director retainer fee was invested in phantom stock units on April 6, 2017.

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.

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 2017 director retainer fees pursuant to the Plan, his director retainer fee was invested in phantom stock units on April 6, 2017.

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 2017 director retainer fees pursuant to the Plan, his director retainer fee was invested in phantom stock units on April 6, 2017.

SEC source: 0001209191-17-059683 · doc5.xml · nonDerivative · entry 2

HALBROOK JOHN A · CIK 0001113697 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By self as holder of note

Disclosed balance after: 251,495

F1 · balance_after: Total reflects transfer, without receipt of consideration, of 186 shares held in The Halbrook Family Irrevocable Trust (the "Halbrook Family Trust Shares") to the John Halbrook Living Trust (the "J. Halbrook Living Trust"). Shares held by the J. Halbrook Living Trust are reported within the Reporting Person's direct ownership.

F2 · balance_after: The Reporting Person beneficially owns 251,495 shares sold in 2011 to The Halbrook Family Irrevocable Trust (the "Halbrook Family Trust Shares"), of which the Reporting Person's children are the beneficiaries and trustees without dispositive power with respect to the Halbrook Family Trust Shares. The Halbrook Family Trust Shares were sold by the Reporting Person in exchange for a promissory note.

SEC source: 0001209191-17-059683 · doc5.xml · nonDerivative · entry 1

HALBROOK JOHN A · CIK 0001113697 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 345,906.999

F1 · balance_after: Total reflects transfer, without receipt of consideration, of 186 shares held in The Halbrook Family Irrevocable Trust (the "Halbrook Family Trust Shares") to the John Halbrook Living Trust (the "J. Halbrook Living Trust"). Shares held by the J. Halbrook Living Trust are reported within the Reporting Person's direct ownership.

SEC source: 0001209191-17-018151 · doc4.xml · nonDerivative · entry 1

HALBROOK JOHN A · CIK 0001113697 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 321,334.999

SEC source: 0001209191-17-016836 · doc4.xml · derivative · entry 4

Glass Martin Val · CIK 0001414468 · President, Airframe Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 26,000 shares

Expires 2017-11-16

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 November 16, 2017, became exercisable as to 25% of the shares on November 16, 2008 and each one-year anniversary thereafter.

F3 · derivative.expiration_date: Options, which expire November 16, 2017, became exercisable as to 25% of the shares on November 16, 2008 and each one-year anniversary thereafter.

SEC source: 0001209191-17-016836 · doc4.xml · nonDerivative · entry 2

Glass Martin Val · CIK 0001414468 · President, Airframe Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 62,781

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 $71.72 to $72.20 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: 0001209191-17-016836 · doc4.xml · nonDerivative · entry 1

Glass Martin Val · CIK 0001414468 · President, Airframe Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 88,781

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: 0001209191-17-015396 · 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 · 5,700 shares

Expires 2017-11-16

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 16, 2017, became exercisable as to 25% of the shares on November 16, 2008 and each one-year anniversary thereafter

F2 · derivative.expiration_date: Options, which expire November 16, 2017, became exercisable as to 25% of the shares on November 16, 2008 and each one-year anniversary thereafter

SEC source: 0001209191-17-015396 · 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 $70.52 to $70.91 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: 0001209191-17-015396 · doc4.xml · nonDerivative · entry 1

COHN JOHN D · CIK 0001180036 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,700

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: 0001209191-17-013633 · doc4.xml · derivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 45,000 shares

Expires 2017-11-16

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 November 16, 2017, became exercisable as to 25% of the shares on November 16, 2008, and each one-year anniversary thereafter.

F3 · derivative.expiration_date: Options, which expire November 16, 2017, became exercisable as to 25% of the shares on November 16, 2008, and each one-year anniversary thereafter.

SEC source: 0001209191-17-013633 · 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 · shares: Includes (i) already owned shares of common stock delivered for payment of the exercise price and (ii) shares withheld to cover the tax liability, in each case incident to the exercise of a security issued in accordance with Rule 16b-3.

SEC source: 0001209191-17-013633 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 254,854

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: 0001209191-17-012506 · doc4.xml · nonDerivative · entry 1

RULSEH JAMES R · CIK 0001172676 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,112

SEC source: 0001209191-17-011982 · doc4.xml · derivative · entry 1

Korte Daniel G. · CIK 0001603393 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,500

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

Expires 2027-02-15

F1 · derivative.exercise_date: Options, which expire February 15, 2027, become exercisable as to 25% of the shares on February 15, 2018 and each one-year anniversary thereafter.

F1 · derivative.expiration_date: Options, which expire February 15, 2027, become exercisable as to 25% of the shares on February 15, 2018 and each one-year anniversary thereafter.

SEC source: 0001209191-17-011985 · doc4.xml · derivative · entry 1

Drake Eileen P. · CIK 0001635474 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,500

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

Expires 2027-02-15

F1 · derivative.exercise_date: Options, which expire February 15, 2027, become exercisable as to 25% of the shares on February 15, 2018 and each one-year anniversary thereafter.

F1 · derivative.expiration_date: Options, which expire February 15, 2027, become exercisable as to 25% of the shares on February 15, 2018 and each one-year anniversary thereafter.

SEC source: 0001209191-17-008539 · doc4.xml · derivative · entry 4

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Woodward, Inc. Common Stock · 3,400 shares

Expires 2017-11-16

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 November 16, 2017, became exercisable as to 25% of the shares on November 16, 2008 and each one-year anniversary thereafter.

F3 · derivative.expiration_date: Options, which expire November 16, 2017, became exercisable as to 25% of the shares on November 16, 2008 and each one-year anniversary thereafter.

SEC source: 0001209191-17-008539 · doc4.xml · nonDerivative · entry 2

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,642.281

F1 · price: The reporting person sold shares in multiple same day, same way open market sales, with prices ranging from $70.00 to $70.08 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: 0001209191-17-008539 · doc4.xml · nonDerivative · entry 1

Preiss Chad Robert · CIK 0001446897 · President, Engine Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,042.281

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: 0001209191-17-006466 · doc4.xml · derivative · entry 7

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,000

Underlying: Woodward, Inc. Common Stock · 31,420 shares

Expires 2018-11-16

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 18, 2018, became exercisable as to 25% of the shares on November 18, 2008 and each one-year anniversary thereafter

F4 · derivative.expiration_date: Options, which expire November 18, 2018, became exercisable as to 25% of the shares on November 18, 2008 and each one-year anniversary thereafter

SEC source: 0001209191-17-006466 · doc4.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 209,854

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 $69.10 to $69.25 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: 0001209191-17-006466 · doc4.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 241,274

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: 0001209191-17-006466 · doc4.xml · derivative · entry 6

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 76,420

Underlying: Woodward, Inc. Common Stock · 13,580 shares

Expires 2018-11-16

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 18, 2018, became exercisable as to 25% of the shares on November 18, 2008 and each one-year anniversary thereafter

F4 · derivative.expiration_date: Options, which expire November 18, 2018, became exercisable as to 25% of the shares on November 18, 2008 and each one-year anniversary thereafter

SEC source: 0001209191-17-006466 · doc4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 209,854

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 $70.00 to $70.05 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: 0001209191-17-006466 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 223,434

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: 0001209191-17-006089 · doc4.xml · derivative · entry 4

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 · 10,400 shares

Expires 2017-11-16

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 16, 2017, became exercisable as to 25% of the shares on November 16, 2008, and each one-year anniversary thereafter.

F2 · derivative.expiration_date: Options, which expire November 16, 2017, became exercisable as to 25% of the shares on November 16, 2008, and each one-year anniversary thereafter.

SEC source: 0001209191-17-006089 · 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: 0001209191-17-006089 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,906

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.