SEC Form 4 · accession 0000912728-15-000168
FORWARD AIR CORP · FWRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael P McLean
Officer — VP & CAO
Period of report
Nov 20, 2015
Accepted (ET)
Nov 20, 2015 · 3:53 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 | Nov 20, 2015 | M | 9,000 | $22.87 | A | 23,866 | D | |
| Common Stock | Nov 20, 2015 | S | 9,000 | $48.00 | D | 14,866 | 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 | Nov 20, 2015 | M | 9,000 | D | — | Feb 8, 2016 | Common Stock | 9,000 | 0 | D |
Explanation of responses
- F1This option vests 33-1/3% each year over a three year period commencing on 2/8/10.