SEC Form 4 · accession 0000912728-17-000091
FORWARD AIR CORP · FWRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce A Campbell
Officer — Chairman, President & CEO · Director
Period of report
May 25, 2017
Accepted (ET)
May 30, 2017 · 2:15 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 25, 2017 | M | 15,000 | $28.61 | A | 203,235 | D | |
| Common Stock | May 25, 2017 | S | 15,000 | $51.69 | D | 188,235 | D | |
| Common Stock | May 26, 2017 | M | 5,529 | $28.61 | A | 193,764 | D | |
| Common Stock | May 26, 2017 | S | 5,529 | $51.52 | D | 188,235 | 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 25, 2017 | M | 15,000 | D | — | Feb 11, 2018 | Common Stock | 15,000 | 13,567 | D |
| Stock Option (Right to Buy)F1 | $28.61 | May 26, 2017 | M | 5,529 | D | — | Feb 11, 2018 | Common Stock | 5,529 | 8,038 | D |
Explanation of responses
- F1This option vests 33 1/3% each year over a three year period commencing on 2/11/12.