SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Voskuil Terence J.

(Last)

(First)

(Middle)

ONE WOODWARD WAY

(Street)

LOVES PARK

61111

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/18/2021

3. Issuer Name and Ticker or Trading Symbol
Woodward, Inc. [ WWD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President, ATS

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Woodward, Inc. Common Stock	4,136.88	I	By Woodward Retirement Savings Plan⁽¹⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Non-Qualified Stock Option (Right to Buy)	10/01/2016⁽²⁾	10/01/2025	Woodward, Inc. Common Stock	2,100	40.26	D
Non-Qualified Stock Option (Right to Buy)	10/03/2017⁽³⁾	10/03/2026	Woodward, Inc. Common Stock	5,200	62.57	D
Non-Qualified Stock Option (Right to Buy)	10/02/2018⁽⁴⁾	10/02/2027	Woodward, Inc. Common Stock	5,400	78.97	D
Non-Qualified Stock Option (Right to Buy)	10/01/2019⁽⁵⁾	10/01/2028	Woodward, Inc. Common Stock	3,500	79.81	D
Non-Qualified Stock Option (Right to Buy)	10/01/2020⁽⁶⁾	10/01/2029	Woodward, Inc. Common Stock	2,800	104.77	D
Non-Qualified Stock Option (Right to Buy)	04/28/2021⁽⁷⁾	04/28/2030	Woodward, Inc. Common Stock	2,800	58.35	D
Non-Qualified Stock Option (Right to Buy)	10/01/2021⁽⁸⁾	10/01/2030	Woodward, Inc. Common Stock	4,900	81.03	D

Explanation of Responses:

1. The information in this report regarding the number of shares held by the reporting person in the Woodward Retirement Savings Plan (the "Plan") is based on a calculation as of January 19, 2021.

2. Options become exercisable as to 25% of the shares on October 1, 2016 and each one-year anniversary thereafter.

3. Options become exercisable as to 25% of the shares on October 3, 2017 and each one-year anniversary thereafter.

4. Options become exercisable as to 25% of the shares on October 2, 2018 and each one-year anniversary thereafter.

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

6. Options become exercisable as to 25% of the shares on October 1, 2020 and each one-year anniversary thereafter.

7. Options become exercisable as to 25% of the shares on April 28, 2021 and each one-year anniversary thereafter.

8. Options become exercisable as to 25% of the shares on October 1, 2021 and each one-year anniversary thereafter.

Remarks:

	Rebecca L. Dees, by Power of Attorney	01/25/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.