SEC Form 4 · accession 0000912728-15-000049
FORWARD AIR CORP · FWRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Hance
Officer — Senior VP, CLO and Secretary
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 9:33 am 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 Stock | Feb 12, 2015 | M | 9,000 | $22.47 | A | 21,722 | D | |
| Common Stock | Feb 12, 2015 | S | 9,000 | $53.9469 | D | 12,722 | 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)F1 | $22.47 | Feb 12, 2015 | M | 9,000 | D | — | Feb 7, 2017 | Common Stock | 9,000 | 27,000 | D |
Explanation of responses
- F1This option vests 33-1/3% each year over a three year period commencing on 2/7/11.