SEC Form 4 · accession 0000912728-15-000050
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 12, 2015
Accepted (ET)
Feb 17, 2015 · 9:34 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 | 4,076 | $22.87 | A | 19,320 | D | |
| Common Stock | Feb 12, 2015 | S | 4,076 | $54.00 | D | 15,244 | D | |
| Common Stock | Feb 13, 2015 | M | 12,591 | $22.87 | A | 27,835 | D | |
| Common Stock | Feb 13, 2015 | M | 12,257 | $22.47 | A | 40,092 | D | |
| Common Stock | Feb 13, 2015 | S | 24,848 | $53.4202 | D | 15,244 | 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 | $22.87 | Feb 12, 2015 | M | 4,076 | D | — | Feb 8, 2016 | Common Stock | 4,076 | 12,591 | D |
| Stock Option (Right to Buy)F1 | $22.87 | Feb 13, 2015 | M | 12,591 | D | — | Feb 8, 2016 | Common Stock | 12,591 | 0 | D |
| Stock Option (Right to Buy)F2 | $22.47 | Feb 13, 2015 | M | 12,257 | D | — | Feb 7, 2017 | Common Stock | 12,257 | 37,600 | D |
Explanation of responses
- F1This option vested 33-1/3% each year over a three year period commencing on 2/08/10.
- F2This option vests 33-1/3% each year over a three year period commencing on 2/7/11.