<SEC-DOCUMENT>0001171843-17-000925.txt : 20170216
<SEC-HEADER>0001171843-17-000925.hdr.sgml : 20170216
<ACCEPTANCE-DATETIME>20170216130013
ACCESSION NUMBER:		0001171843-17-000925
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20170215
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170216
DATE AS OF CHANGE:		20170216

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Woodward, Inc.
		CENTRAL INDEX KEY:			0000108312
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRICAL INDUSTRIAL APPARATUS [3620]
		IRS NUMBER:				361984010
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08408
		FILM NUMBER:		17617177

	BUSINESS ADDRESS:	
		STREET 1:		1081 WOODWARD WAY
		CITY:			FORT COLLINS
		STATE:			CO
		ZIP:			80524
		BUSINESS PHONE:		970-482-5811

	MAIL ADDRESS:	
		STREET 1:		1081 WOODWARD WAY
		CITY:			FORT COLLINS
		STATE:			CO
		ZIP:			80524

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WOODWARD GOVERNOR CO
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>f8k_021617.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"><html><head></head><body style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><div style="margin-top: 3pt; margin-bottom: 12pt;"><div style="font-size: 1pt; border-top: Black 2.5pt solid; border-bottom: Black 1.1pt solid; width: 100%;">&#160;</div></div><p style="font-size: 14pt;" align="center"><strong>UNITED STATES</strong><br><strong>SECURITIES AND EXCHANGE COMMISSION</strong><br><strong>Washington, D.C. 20549<br></strong>______________________</p><p style="font-size: 14pt; text-transform: uppercase;" align="center"><strong>Form 8-K<br></strong>______________________</p><p style="font-size: 12pt;" align="center"><strong>CURRENT REPORT</strong></p><p style="font-size: 12pt;" align="center"><strong>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</strong></p><p align="center">Date of Report (Date of earliest event Reported): <!--February 16, 2017-->February 15, 2017 &#160;</p><p align="center"><strong style="font-size: 14pt;">Woodward, Inc.</strong><br>(Exact Name of Registrant as Specified in Charter)</p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="top"><td align="center" width="33%"><strong>DELAWARE </strong></td><td align="center" width="34%"><strong>000-8408</strong></td><td align="center" width="33%"><strong>36-1984010</strong></td></tr><tr valign="top"><td align="center" width="33%">(State or Other Jurisdiction of Incorporation)</td><td align="center" width="34%">(Commission File Number)</td><td align="center" width="33%">(I.R.S. Employer Identification Number)</td></tr></table><p>&#160;</p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="bottom"><td align="center" width="50%"><strong>1081 Woodward Way, Fort Collins, Colorado 80524<!----></strong></td></tr><tr valign="top"><td align="center" width="50%">(Address of Principal Executive Offices) (Zip Code)</td></tr></table><p align="center"><strong>970-482-5811</strong><br>(Registrant's telephone number, including area code)</p><p align="center"><strong>Not Applicable</strong><br>(Former name or former address, if changed since last report)</p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="top"><td colspan="3">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:<br><br></td></tr><tr valign="top"><td width="21">&#160;</td><td width="40">[ &#160; ]</td><td nowrap="nowrap">&#160;&#160;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</td></tr><tr valign="top"><td width="21">&#160;</td><td width="40">[ &#160; ]</td><td nowrap="nowrap">&#160;&#160;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</td></tr><tr valign="top"><td width="21">&#160;</td><td width="40">[ &#160; ]</td><td nowrap="nowrap">&#160;&#160;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</td></tr><tr valign="top"><td width="21">&#160;</td><td width="40">[ &#160; ]</td><td nowrap="nowrap">&#160;&#160;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</td></tr></table><div style="margin-top: 12pt; margin-bottom: 3pt;"><div style="font-size: 1pt; border-top: Black 1.1pt solid; border-bottom: Black 2.5pt solid; width: 100%;">&#160;</div>&#160;</div><hr style="page-break-after: always;" noshade="noshade"><p>  <strong> &#160;</strong></p><p><strong>Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</strong></p><p><p>The Board of Directors (the &#8220;Board&#8221;) of Woodward, Inc. (&#8220;Woodward&#8221;) has appointed Eileen P. Drake and Daniel G. Korte to serve on the Board, effective immediately. Ms. Drake and Mr. Korte were each also appointed to the Audit Committee of the Board. Mr. Korte will be included in the class of directors who have been elected to hold office until Woodward&#8217;s 2017 annual meeting of stockholders (to be held in or about January 2018) and until their successors have been duly elected and qualified. Ms. Drake will be included in the class of directors who have been elected to hold office until Woodward&#8217;s 2018 annual meeting of stockholders (to be held in or about January 2019) and until their successors have been duly elected and qualified. In connection with these appointments, the Board increased the approved number of its directors from 9 to 11.</p><p>Ms. Drake and Mr. Korte will each receive the same cash compensation for service as a director as is provided to Woodward&#8217;s other directors (prorated for the balance of Woodward&#8217;s fiscal year 2017), as described in &#8220;Director Compensation&#8221; contained on page 24 of Woodward&#8217;s Proxy Statement dated December 9, 2016 filed with the Securities and Exchange Commission, which description is hereby incorporated by reference herein.&#160; In addition, Ms. Drake and Mr. Korte were each granted options to purchase 3,500 shares of Woodward common stock at an exercise price equal to the stock&#8217;s closing price on the NASDAQ on February 15, 2017, the date of grant. &#160;&#160;&#160;</p></p><p><strong> &#160;</strong></p><p><strong>Item 9.01. Financial Statements and Exhibits.</strong></p><p><p><strong><font style="font-size: 10.0pt;">(a) Financial statements:</font></strong><font style="font-size: 10.0pt;"><br> None<br> <strong>(b) Pro forma financial information:</strong><br> None<br> <strong>(c) Shell company transactions:</strong><br> None<br> <strong>(d) Exhibits</strong><br> 99.1 Press Release of Woodward, Inc. dated February 16, 2017<br> 99.2 Press Release of Woodward, Inc. dated February 16, 2017</font></p></p><p><p> &#160;</p><hr style="page-break-after: always;" noshade="noshade"><p align="center"><strong>SIGNATURE</strong></p><p>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="top"><td valign="top" width="49%">&#160;</td><td style="font-size: 12pt;" colspan="2" valign="top"><strong>Woodward, Inc.</strong></td></tr><tr valign="top"><td width="49%">&#160;</td><td width="2%">&#160;</td><td width="49%">&#160;</td></tr><tr valign="top"><td width="49%">&#160;</td><td width="2%">&#160;</td><td width="49%">&#160;</td></tr><tr valign="top"><td width="49%">Dated:&#160;February 16, 2017</td><td width="2%">By:&#160;</td><td style="text-decoration: underline;" width="49%">/s/ A. Christopher Fawzy&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td></tr><tr valign="top"><td width="49%">&#160;</td><td width="2%">&#160;</td><td width="49%">A. Christopher Fawzy</td></tr><tr valign="top"><td width="49%">&#160;</td><td width="2%">&#160;</td><td width="49%">Corporate Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer</td></tr><tr valign="top"><td width="49%">&#160;</td><td width="2%">&#160;</td><td width="49%"></td></tr></table><p><hr style="page-break-after: always;" noshade="noshade"><p style="text-align: center;"><font style="font-size: 10pt;"><strong>Exhibit Index</strong></font></p><p style="text-align: center;"><font style="font-size: 10pt;">&#160;</font></p><table style="font-size: 10pt;" border="0" cellspacing="0" cellpadding="0" class="mce-item-table"><tr><td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;"><strong>Exhibit No.</strong></font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td style="text-decoration: underline; text-align: center;" valign="bottom"><font style="font-size: 10pt;"><strong>Description</strong></font></td></tr><tr><td style="text-align: center;"><font style="font-size: 10pt;">99.1</font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;">Press Release of Woodward, Inc. dated February 16, 2017 </font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;">&#160;</font></td></tr><tr><td style="text-align: center;"><font style="font-size: 10pt;">99.2</font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;">Press Release of Woodward, Inc. dated February 16, 2017</font></td></tr></table></p></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh_991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"><html lang="en-US"><head><title>EdgarFiling</title><meta content="text/html; charset=windows-1252"><meta name="GENERATOR" content="MSHTML 8.00.7601.18094"></head><body bgcolor="#ffffff"><p style="text-align: right;"><strong>Exhibit 99.1</strong></p><p style="text-align: center;"><strong>Woodward Announces Appointment of New Board Member Eileen P. Drake</strong></p><p style="text-align: center;"><p> <p align="left">FORT COLLINS, Colo., Feb.  16, 2017  (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors has appointed Eileen P. Drake (51) to serve on the Board, effective immediately. Ms. Drake will also serve on the Audit Committee of the Board.<br></p>  <p>Ms. Drake joined El-Segundo, California-based Aerojet Rocketdyne in 2015 and serves as CEO and President. She was previously with United Technologies Corporation (UTC), where she served as president of Pratt &amp; Whitney AeroPower&#8217;s auxiliary power unit and small turbojet propulsion business. Prior experience includes various senior level roles at UTC and Ford Motor Company. Ms. Drake served on active duty for seven years as a U.S. Army aviator and airfield commander of Davison Army Airfield in Fort Belvoir, VA. &#160;</p>  <p>&#8220;Ms. Drake is an accomplished, dynamic leader with extensive experience in profit and loss management, operations, quality and supply chain. Her extensive experience in the Aerospace industry, and results-oriented mentality will be a great addition to our Board,&#8221; said Thomas A. Gendron, Woodward Chairman of the Board and Chief Executive Officer.</p>  <p>Ms. Drake is a distinguished military graduate of the U.S. Army Aviation Officer School. She received a Master&#8217;s of Business Administration from Butler University and a Bachelor of Arts from the College of New Rochelle. She also holds commercial and private pilot&#8217;s licenses in both fixed-wing and rotary-wing aircraft.</p>  <p><strong>About Woodward, Inc.</strong></p>  <p>Woodward is an independent designer, manufacturer, and service provider of control system solutions and components for the aerospace and industrial markets. The company's innovative fluid, combustion, electrical, and motion control systems help customers offer cleaner, more reliable, and more efficient equipment. Our customers include leading original equipment manufacturers and end users of their products. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com, and connect with us at www.facebook.com/woodwardinc.</p>  <p><strong>About Aerojet Rocketdyne Holdings, Inc.</strong></p>  <p>Aerojet Rocketdyne Holdings, Inc. is an innovative company delivering solutions that create value for its customers in the aerospace and defense markets. The company is a world-recognized aerospace and defense leader that provides propulsion and energetics to the space, missile defense and strategic systems, tactical systems and armaments areas, in support of domestic and international markets. Additional information about Aerojet Rocketdyne can be obtained by visiting our websites at www.AerojetRocketdyne.com and www.Rocket.com.</p>  <p><strong>Notice Regarding Forward-Looking Statements</strong></p>  <p>The statements in this release contain forward-looking statements that involve risks and uncertainties. Actual results could differ materially from projections or any other forward-looking statements and we have no obligation to update our forward-looking statements. Factors that could affect performance and could cause actual results to differ materially from projections and forward-looking statements are described in Woodward's Annual Report and Form 10-K for the year ended September 30, 2016 and any subsequently filed Quarterly Report on Form 10-Q.</p></p><p>CONTACT:<br><br>Woodward, Inc.<br>Tracy Gohari<br>Business Communications<br>970-498-3126<br>tracy.gohari@Woodward.com<br><br>Aerojet Rocketdyne Holdings, Inc.<br>Glenn Mahone<br>Communications<br>703-650-0278<br>glenn.mahone@rocket.com</p></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>exh_992.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"><html lang="en-US"><head><title>EdgarFiling</title><meta content="text/html; charset=windows-1252"><meta name="GENERATOR" content="MSHTML 8.00.7601.18094"></head><body bgcolor="#ffffff"><p style="text-align: right;"><strong>Exhibit 99.2</strong></p><p style="text-align: center;"><strong>Woodward Announces Appointment of New Board Member Daniel G. Korte</strong></p><p style="text-align: center;"><p> <p align="left">FORT COLLINS, Colo., Feb.  16, 2017  (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors has appointed Daniel G. (&#8220;Dan&#8221;) Korte (56) to serve on the Board, effective immediately. Mr. Korte will also serve on the Audit Committee of the Board.</p>  <p align="left">Mr. Korte joined St. Louis, Missouri-based LMI Aerospace in 2014, where he serves as CEO. Prior to joining LMI, he was the President of the Rolls Royce Defense Group in Washington, DC and London, UK. Prior experience includes various senior level roles at The Boeing Company in supply chain, program management and general management.</p>  <p align="left">&#8220;Mr. Korte is a results-oriented leader, skilled in identifying and capitalizing on global market opportunities that drive revenue and profitable growth. His experience and strong contributions in the commercial and defense aerospace markets brings a valuable set of skills to our Board,&#8221; said Thomas A. Gendron, Woodward Chairman of the Board and Chief Executive Officer.</p>  <p align="left">Mr. Korte holds a Bachelor&#8217;s degree in Electrical Engineering from Southern Illinois University and received his MBA from Lindenwood University.</p>  <p align="left"><strong>About Woodward, Inc.</strong></p>  <p align="left">Woodward is an independent designer, manufacturer, and service provider of control system solutions and components for the aerospace and industrial markets. The company's innovative fluid, combustion, electrical, and motion control systems help customers offer cleaner, more reliable, and more efficient equipment. Our customers include leading original equipment manufacturers and end users of their products. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com, and connect with us at www.facebook.com/woodwardinc.</p>  <p align="left"><strong>About LMI Aerospace</strong></p>  <p align="left">LMI Aerospace Inc. is a leading supplier of structural assemblies, kits and components and provider of engineering services to the commercial, business and regional, and military aerospace markets. Manufacturing more than 40,000 products for a variety of platforms and providing turnkey engineering capabilities to support aircraft lifecycles, LMI offers complete, integrated solutions in aerostructures, engineering and program management. Headquartered in St. Louis, LMI has 21 locations across the United States and in Mexico, the United Kingdom and Sri Lanka. For more information, visit: www.lmiaerospace.com.</p>  <p align="left"><strong>Notice Regarding Forward-Looking Statements</strong></p>  <p align="left">The statements in this release contain forward-looking statements that involve risks and uncertainties. Actual results could differ materially from projections or any other forward-looking statements and we have no obligation to update our forward-looking statements. Factors that could affect performance and could cause actual results to differ materially from projections and forward-looking statements are described in Woodward's Annual Report and Form 10-K for the year ended September 30, 2016 and any subsequently filed Quarterly Report on Form 10-Q.</p></p><p>CONTACT:<br><br>Woodward, Inc.<br>Tracy Gohari<br>Business Communications<br>970-498-3126<br>Tracy.Gohari@Woodward.com<br><br>LMI Aerospace, Inc.<br>Amy Horton<br>Corporate Communications<br>639-916-2130<br>AHorton@lmiaerospace.com</p></body></html>
</TEXT>
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