SEC FORM 3

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Hartman Mark D

(Last)

(First)

(Middle)

1081 WOODWARD WAY

(Street)

FORT COLLINS

80524

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/01/2021

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)
Chief Financial Officer

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	2,585	D
Woodward, Inc. Common Stock	2,886	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)	10/01/2013⁽²⁾	10/01/2022	Woodward, Inc. Common Stock	5,300	33.64	D
Non-Qualified Stock Option (Right to Buy)	10/01/2014⁽²⁾	10/01/2023	Woodward, Inc. Common Stock	5,600	40.99	D
Non-Qualified Stock Option (Right to Buy)	10/01/2015⁽²⁾	10/01/2024	Woodward, Inc. Common Stock	6,300	46.55	D
Non-Qualified Stock Option (Right to Buy)	10/01/2016⁽²⁾	10/01/2025	Woodward, Inc. Common Stock	8,400	40.26	D
Non-Qualified Stock Option (Right to Buy)	10/03/2017⁽²⁾	10/03/2026	Woodward, Inc. Common Stock	5,200	62.57	D
Non-Qualified Stock Option (Right to Buy)	10/02/2018⁽³⁾	10/02/2027⁽³⁾	Woodward, Inc. Common Stock	5,300	78.97	D
Non-Qualified Stock Option (Right to Buy)	10/01/2019⁽⁴⁾	10/01/2028⁽⁴⁾	Woodward, Inc. Common Stock	4,600	79.81	D
Non-Qualified Stock Option (Right to Buy)	10/01/2020⁽⁵⁾	10/01/2029⁽⁵⁾	Woodward, Inc. Common Stock	3,700	104.77	D
Non-Qualified Stock Option (Right to Buy)	04/28/2021⁽⁶⁾	04/28/2030⁽⁶⁾	Woodward, Inc. Common Stock	3,700	58.35	D
Non-Qualified Stock Option (Right to Buy)	10/01/2021⁽⁷⁾	10/01/2030⁽⁷⁾	Woodward, Inc. Common Stock	4,300	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 October 1, 2021.

2. Options are fully vested and exercisable.

3. Options, which expire October 2, 2027, became exercisable as to 25% of the shares on October 2, 2018, and each one-year anniversary thereafter.

4. Options, which expire October 1, 2028, became exercisable as to 25% of the shares on October 1, 2019, and each one-year anniversary thereafter.

5. Options, which expire October 1, 2029, became exercisable as to 25% of the shares on October 1, 2020, and each one-year anniversary thereafter.

6. Options, which expire April 28, 2030, became exercisable as to 25% of the shares on April 28, 2021, and each one-year anniversary thereafter.

7. Options, which expire October 1, 2030, became 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	10/05/2021
	** 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.

SEC Form 3: New insider Hartman Mark D claimed ownership of 5,471 units of Woodward