SEC Form 4 · accession 0000912728-17-000068
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
May 12, 2017
Accepted (ET)
May 15, 2017 · 6:01 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 12, 2017 | M | 3,333 | $28.61 | A | 21,718 | D | |
| Common Stock | May 12, 2017 | S | 3,333 | $50.327 | D | 18,385 | 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 | $28.61 | May 12, 2017 | M | 3,333 | D | — | Feb 11, 2018 | Common Stock | 3,333 | 3,333 | D |
Explanation of responses
- F1This option vests 33 1/3% each year over a three year period commencing on 2/11/12.