SEC Form 4 · accession 0000912728-17-000055
FORWARD AIR CORP · FWRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris C Ruble
Officer — President - Expedited Services
Period of report
May 3, 2017
Accepted (ET)
May 3, 2017 · 3:15 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 | May 3, 2017 | M | 1,435 | $28.61 | A | 21,734 | D | |
| Common Stock | May 3, 2017 | M | 8,560 | $36.55 | A | 30,294 | D | |
| Common Stock | May 3, 2017 | S | 9,995 | $52.50 | D | 20,299 | D | |
| Common Stock | holding | — | — | — | 29 | I | By Son |
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 | $28.61 | May 3, 2017 | M | 1,435 | D | — | Feb 11, 2018 | Common Stock | 1,435 | 0 | D |
| Stock Option (Right to Buy)F2 | $36.55 | May 3, 2017 | M | 8,560 | D | — | Feb 7, 2019 | Common Stock | 8,560 | 0 | D |
Explanation of responses
- F1This option vests 33 1/3% each year over a three year period commencing on 2/11/12.
- F2This option vests 33 1/3% each year over a three year period commencing on 2/7/13.