SEC Form 4 · accession 0000912728-17-000131

FORWARD AIR CORP · FWRD

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP & CAO

Period of report

Aug 4, 2017

Accepted (ET)

Aug 8, 2017 · 2:40 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
Common Stock	Aug 4, 2017	M	2,174	$36.55	A	20,559	D
Common Stock	Aug 4, 2017	M	4,407	$37.14	A	24,966	D
Common Stock	Aug 4, 2017	M	4,009	$42.48	A	28,975	D
Common Stock	Aug 4, 2017	M	3,043	$50.71	A	32,018	D
Common Stock	Aug 4, 2017	M	2,085	$43.67	A	34,103	D
Common Stock	Aug 4, 2017	S	15,718	$51.046	D	18,385	D

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	Aug 4, 2017	M	2,174	D	—	Feb 7, 2019	Common Stock	2,174	0	D
Stock Option (Right to Buy)^F2	$37.14	Aug 4, 2017	M	4,407	D	—	Feb 7, 2020	Common Stock	4,407	0	D
Stock Option (Right to Buy)^F3	$42.48	Aug 4, 2017	M	4,009	D	—	Feb 6, 2021	Common Stock	4,009	0	D
Stock Option (Right to Buy)^F4	$50.71	Aug 4, 2017	M	3,043	D	—	Feb 9, 2022	Common Stock	3,043	1,521	D
Stock Option (Right to Buy)^F5	$43.67	Aug 4, 2017	M	2,085	D	—	Feb 8, 2023	Common Stock	2,085	4,168	D

F1This option vests 33 1/3% each year over a three year period commencing on 2/7/13.
F2This option vests 33-1/3% each year over a three year period commencing on 2/7/14.
F3This option vests 33-1/3% each year over a three year period commencing on 2/6/15.
F4This option vests 33 1/3% each year over a three year period commencing on 2/9/16.
F5This option vests 33 1/3% each year over a three year period commencing on 2/8/17.