4 1 form4_cassens1007.txt CASSENS1007 ------ FORM 4 ------ STATEMENT OF CHANGES IN BENEFICAL OWNERSHIP /X/ Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. SEE Instruction 1(b). 1. Name and Address of Reporting Person* --------------------------------------------------------------------------- (Last) Cassens --------------------------------------------------------------------------- (First) Vern --------------------------------------------------------------------------- (Middle) H. --------------------------------------------------------------------------- (Street) 5001 N. Second Street --------------------------------------------------------------------------- (City) Rockford --------------------------------------------------------------------------- (State) IL --------------------------------------------------------------------------- (Zip) 61111 --------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol --------------------------------------------------------------------------- (Issuer Name) Woodward Governor Company --------------------------------------------------------------------------- (Ticker or Trading Symbol) WGOV --------------------------------------------------------------------------- 3. I.R.S. or Social Security Number of Reporting Person (Voluntary) --------------------------------------------------------------------------- (I.D. Number) --------------------------------------------------------------------------- 4. Statement for Month/Day/Year --------------------------------------------------------------------------- (Month/Day) 10/07 --------------------------------------------------------------------------- (Year) 2002 --------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Day/Year) --------------------------------------------------------------------------- (Month/Day) --------------------------------------------------------------------------- (Year) --------------------------------------------------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) /X/ --------------------------------------------------------------------------- (Director) --------------------------------------------------------------------------- (Officer, give title below) --------------------------------------------------------------------------- --------------------------------------------------------------------------- (10% Owner) --------------------------------------------------------------------------- (Other, specify below) --------------------------------------------------------------------------- --------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) /X/ --------------------------------------------------------------------------- /X/ Form filed by One Reporting Person --------------------------------------------------------------------------- Form filed by More than One Reporting Person --------------------------------------------------------------------------- -------------------------------------------------------------------------------- TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED --------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Transac- 2A. Deemed 3. Transaction 4. Securities Acquired 5. Amount of 6. Owner- 7. Nature of (Instr. 3) tion Date Execution Code (Instr. 8) (A) or Disposed of (D) Securities ship Form: Indirect (Month/ (Instr. 3, 4, and 5) Beneficially Direct (D) Beneficial ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Date/Year) Date, if Code V Amount (A) or Price Owned or Indirect Ownership any (D) Following (I) (Instr. 4) (Month/ Reported (Instr. 4) Day/Year) Transaction(s) (Instr. 3 & 4) ------------------------------------------------------------------------------------------------------------------------------------ Woodward Governor 6,970 D Company Common Stock ------------------------------------------------------------------------------------------------------------------------------------ Woodward Governor 16,000 I By Wife Company Common Stock ------------------------------------------------------------------------------------------------------------------------------------ Woodward Governor 20,000 I IRA Company Common Stock ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------- TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) --------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------ 2. 3. 1. Title of Conversion Transaction 3A. Deemed 5. Number of Derivative Derivative or Exercise Date Execution 4. Transaction Code Securities Acquired (A) or 6. Date Exercisable and Security Price of (Month/Day/ Date, if any (Instr.8) Disposed of (D) (Instr.3, 4, Expiration Date (Instr. 3) Derivative Year) (Month/Day/ and 5) (Month/Day/Year) Security Year) ---------------------------------------------------------------------------------- Code V (A) (D) Date Exercisable Expiration Date ------------------------------------------------------------------------------------------------------------------------------------ Nonqualified $16.625 01/17/1996 11/18/1996 01/17/2006 Stock Option (right to buy) ------------------------------------------------------------------------------------------------------------------------------------ Nonqualified $23.50 11/18/1996 11/18/1996 11/17/2006 Stock Option (right to buy) ------------------------------------------------------------------------------------------------------------------------------------ Nonqualified $69.22 04/26/2001 04/26/2001 04/25/2011 Stock Option (right to buy) ------------------------------------------------------------------------------------------------------------------------------------ Nonqualified $54.57 01/23/2002 01/23/2003 01/23/2012 Stock Option (right to buy) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------- TABLE II CONTINUED - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) --------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------ 7. Title and Amount of Underlying Securities 10. Ownership (Instr. 3 and 4) 9. Number of Derivative Form of Derivative -------------------------------------------- 8. Price of Securities Beneficially Securities Amount or Derivative Owned Following Beneficially Owned 11. Nature of Indirect Number of Security Reported Transaction(s) at End of Month Beneficial Ownership Title Shares (Instr. 5) (Instr. 4) (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 12,480(a) 12,480 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 21,600(b) 34,080 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1,000(b) 35,080 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1,000(c) 36,080 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses: (a) Stock options originally granted on January 17, 1996 under the Woodward Governor Company 1996 Long-Term Incentive Compensation Plan remaining upon partial attainment of performance goals for fiscal year 1996. (b) Grant to reporting person of option to buy shares of common stock under the Woodward Governor Company 1996 Long-Term Incentive Compensation Plan is an exempt transaction under Rule 16b-3. (c) Grant to reporting person of option to buy shares of common stock under the Woodward Governor Company 2002 Stock Option Plan is an exempt transaction under Rule 16b-3. /s/ Vern H. Cassens 10/7/2002 ------------------------------- -------------- **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 4(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.