SEC Form 4 · accession 0000912728-18-000085
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
Jun 6, 2018
Accepted (ET)
Jun 8, 2018 · 1:33 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 | Jun 6, 2018 | M | 2,282 | $50.71 | A | 24,756 | D | |
| Common Stock | Jun 6, 2018 | M | 3,126 | $43.67 | A | 27,882 | D | |
| Common Stock | Jun 6, 2018 | M | 3,033 | $47.82 | A | 30,915 | D | |
| Common Stock | Jun 6, 2018 | S | 7,969 | $60.50 | D | 22,946 | 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 | $50.71 | Jun 6, 2018 | M | 2,282 | D | — | Feb 9, 2022 | Common Stock | 2,282 | 0 | D |
| Stock Option (Right to Buy)F2 | $43.67 | Jun 6, 2018 | M | 3,126 | D | — | Feb 8, 2023 | Common Stock | 3,126 | 3,126 | D |
| Stock Option (Right to Buy)F3 | $47.82 | Jun 6, 2018 | M | 3,033 | D | — | Feb 6, 2024 | Common Stock | 3,033 | 6,065 | D |
Explanation of responses
- F1This option vests 33-1/3% each year over a three year period commencing on 2/9/16.
- F2This option vests 33-1/3% each year over a three year period commencing on 2/8/17.
- F3This option vests 33-1/3% each year over a three year period commencing on 2/6/18.