SEC Form 4 · accession 0000912728-15-000022
FORWARD AIR CORP · FWRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew J Jewell
Officer — EVP-Intermodal Services & CSO
Period of report
Feb 6, 2015
Accepted (ET)
Feb 10, 2015 · 4:47 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 | 3 | $0.00 | A | 26,848 | D | |
| Common Stock | Feb 6, 2015 | F | 1,022 | $0.00 | D | 25,826 | D | |
| Common Stock | Feb 9, 2015 | M | 4,600 | $29.44 | A | 30,426 | D | |
| Common Stock | Feb 9, 2015 | S | 4,600 | $50.225 | D | 25,826 | D |
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 9, 2015 | M | 4,600 | D | — | Feb 10, 2015 | Common Stock | 4,600 | 0 | D |
Explanation of responses
- F1Includes 3.0941 shares acquired under the Issuer's employee stock purchase plan in December 2014.
- F2Restricted stock withheld by Issuer to satisfy minimum tax withholding obligation on vesting of restricted stock.
- F3This option vested 33-1/3% each year over a three year period commencing on 2/10/09.