SEC Form 4 · accession 0000912728-15-000067
FORWARD AIR CORP · FWRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ray A Mundy
Director
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 5:00 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 Stock | Feb 19, 2015 | M | 7,500 | $25.87 | A | 51,944 | D | |
| Common Stock | Feb 19, 2015 | S | 7,500 | $53.5453 | D | 44,444 | 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 | $25.87 | Feb 19, 2015 | M | 7,500 | D | — | May 27, 2015 | Common Stock | 7,500 | 0 | D |
Explanation of responses
- F1At the time of grant, this option was scheduled to vest 50% each year over a two year period commencing on 5/27/06. As of 12/31/05, all options then outstanding became fully exercisable as a result of the Board of Directors accelerating the vesting of all outstanding stock options awarded to employees, officers and non-employee directors under the Company's stock option award plans.