SEC Form 4 · accession 0000912728-16-000301
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
Aug 23, 2016
Accepted (ET)
Aug 24, 2016 · 3:45 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 | Aug 23, 2016 | M | 10,300 | $22.47 | A | 27,749 | D | |
| Common Stock | Aug 23, 2016 | S | 10,300 | $46.0033 | D | 17,449 | 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 | Aug 23, 2016 | M | 10,300 | D | — | Feb 7, 2017 | Common Stock | 10,300 | 15,000 | D |
Explanation of responses
- F1This option vests 33-1/3% each year over a three year period commencing on 2/7/11.