SEC Form 4 · accession 0000912728-16-000268
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
Jul 27, 2016
Accepted (ET)
Jul 29, 2016 · 4:29 pm EDT
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 | Jul 27, 2016 | M | 1,600 | $22.47 | A | 18,646 | D | |
| Common Stock | Jul 27, 2016 | S | 1,600 | $46.5547 | D | 17,046 | D | |
| Common Stock | Jul 28, 2016 | M | 16,400 | $22.47 | A | 33,446 | D | |
| Common Stock | Jul 28, 2016 | S | 16,400 | $46.0022 | D | 17,046 | 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 | Jul 27, 2016 | M | 1,600 | D | — | Feb 7, 2017 | Common Stock | 1,600 | 16,400 | D |
| Stock Option (Right to Buy)F1 | $22.47 | Jul 28, 2016 | M | 16,400 | D | — | Feb 7, 2017 | Common Stock | 16,400 | 0 | D |
Explanation of responses
- F1This option vests 33-1/3% each year over a three year period commencing on 2/7/11.