SEC Form 4 · accession 0000912728-16-000208
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
Mar 7, 2016
Accepted (ET)
Mar 9, 2016 · 4:58 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 | Mar 7, 2016 | A | 1,859 | $0.00 | A | 17,953 | D | |
| Common Stock | Mar 7, 2016 | F | 504 | $0.00 | D | 17,449 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares awarded in conjunction with a Performance Share Agreement issued on 2/7/13 under the Forward Air Corporation Amended and Restated Stock Option and Incentive Plan. In accordance with the Performance Share Agreement, the number of shares awarded was determined based on the three year performance of Forward Air Corporation common stock as compared to the share price performance of a selected peer group.
- F2Stock withheld by Issuer to satisfy minimum tax withholding obligation on award of stock.