Kyle R. Mitchin - 07 May 2021 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Role
Chief People Officer
Signature
/s/ Michael L. Hance, Attorney-in-Fact
Issuer symbol
FWRD
Transactions as of
07 May 2021
Net transactions value
-$359,336
Form type
4
Filing time
12 May 2021, 21:18:12 UTC
Next filing
09 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FWRD Common Stock Options Exercise $275,366 +5,125 +38% $53.73 18,583 07 May 2021 Direct
transaction FWRD Common Stock Options Exercise $206,444 +3,535 +19% $58.40 22,118 07 May 2021 Direct
transaction FWRD Common Stock Sale $841,146 -8,660 -39% $97.13 13,458 07 May 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FWRD Stock Option (Right to Buy) Options Exercise $0 -5,125 -100% $0.000000* 0 07 May 2021 Common Stock 5,125 $53.73 Direct F2
transaction FWRD Stock Option (Right to Buy) Options Exercise $0 -3,535 -100% $0.000000* 0 07 May 2021 Common Stock 3,535 $58.40 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $96.87 to $97.47 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
F2 These options are immediately exercisable.