SEC Form 4 · accession 0000912728-19-000043
FORWARD AIR CORP · FWRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris C Ruble
Officer — Chief Operating Officer
Period of report
Feb 12, 2019
Accepted (ET)
Feb 14, 2019 · 11:49 am EST
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 | Feb 12, 2019 | M | 3,126 | $43.67 | A | 31,489 | D | |
| Common Stock | Feb 12, 2019 | M | 3,032 | $47.82 | A | 34,521 | D | |
| Common Stock | Feb 12, 2019 | M | 1,768 | $58.40 | A | 36,289 | D | |
| Common Stock | Feb 12, 2019 | S | 7,926 | $65.12 | D | 28,363 | 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 | $43.67 | Feb 12, 2019 | M | 3,126 | D | — | Feb 8, 2023 | Common Stock | 3,126 | 0 | D |
| Stock Option (Right to Buy)F2 | $47.82 | Feb 12, 2019 | M | 3,032 | D | — | Feb 6, 2024 | Common Stock | 3,032 | 3,033 | D |
| Stock Option (Right to Buy)F3 | $58.40 | Feb 12, 2019 | M | 1,768 | D | — | Feb 5, 2025 | Common Stock | 1,768 | 3,535 | D |
Explanation of responses
- F1This option vests 33-1/3% each year over a three year period commencing on 2/8/17.
- F2This option vests 33-1/3% each year over a three year period commencing on 2/6/18.
- F3This option vests 33-1/3% each year over a three year period commencing on 2/5/19.