SEC Form 4 · accession 0000912728-16-000326
FORWARD AIR CORP · FWRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rodney L Bell
Other
Period of report
Dec 15, 2016
Accepted (ET)
Dec 16, 2016 · 3:31 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 | Dec 15, 2016 | M | 8,560 | $36.55 | A | 61,445 | D | |
| Common Stock | Dec 15, 2016 | S | 8,560 | $48.3386 | D | 52,885 | D | |
| Common Stock | Dec 15, 2016 | M | 8,080 | $37.14 | A | 60,965 | D | |
| Common Stock | Dec 15, 2016 | S | 8,080 | $48.3386 | D | 52,885 | D | |
| Common Stock | Dec 15, 2016 | S | 5,000 | $48.2251 | D | 47,885 | 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 | $36.55 | Dec 15, 2016 | M | 8,560 | D | — | Feb 7, 2019 | Common Stock | 8,560 | 0 | D |
| Stock Option (Right to Buy)F2 | $37.14 | Dec 15, 2016 | M | 8,080 | D | — | Feb 7, 2020 | Common Stock | 8,080 | 0 | D |
Explanation of responses
- F1This option vests 33-1/3% each year over a three year period commencing on 2/7/12.
- F2This option vests 33-1/3% each year over a three year period commencing on 2/7/13.