SEC Form 4 · accession 0000912728-15-000006
FORWARD AIR CORP · FWRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris C Ruble
Officer — Executive VP, Operations
Period of report
Feb 4, 2015
Accepted (ET)
Feb 6, 2015 · 1:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912728
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 31, 2014 | J | 64 | $0.00 | A | 16,467 | D | |
| Common Stock | Feb 4, 2015 | M | 15,853 | $29.44 | A | 32,320 | D | |
| Common StockF2 | Feb 4, 2015 | F | 10,111 | $0.00 | D | 22,209 | D | |
| Common Stock | Feb 6, 2015 | M | 11,888 | $29.44 | A | 34,097 | D | |
| Common Stock | holding | — | — | — | 29 | I | By Son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $29.44 | Feb 4, 2015 | M | 15,853 | D | — | Feb 10, 2015 | Common Stock | 15,853 | 29,147 | D |
| Stock Option (Right to Buy)F3 | $29.44 | Feb 6, 2015 | M | 11,888 | D | — | Feb 10, 2015 | Common Stock | 11,888 | 17,259 | D |
Explanation of responses
- F1Includes 64.3768 shares acquired under the Issuer's employee stock purchase plan in June and December 2014.
- F2Represents shares surrendered to the Issuer as payment for the exercise price associated with the exercise of employee stock option expiring on February 10,2015.
- F3This option vests 33-1/3% each year over a three year period commencing on 2/10/09.