Chris C. Ruble - Feb 2, 2022 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Role
Chief Operating Officer
Signature
/s/ Michael L. Hance, Attorney-in-Fact
Stock symbol
FWRD
Transactions as of
Feb 2, 2022
Transactions value $
$0
Form type
4
Date filed
2/9/2022, 06:20 PM
Next filing
Mar 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FWRD Common Stock Tax liability $0 -418 -1.54% $0.00 26.8K Feb 2, 2022 Direct F1
transaction FWRD Common Stock Tax liability $0 -752 -2.81% $0.00 26.1K Feb 4, 2022 Direct F2
transaction FWRD Common Stock Award $0 +2.94K +11.14% $0.00 29.3K Feb 8, 2022 Direct F3, F4
holding FWRD Common Stock 29 Feb 2, 2022 By Son
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 2, 2022.
F2 Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 4, 2022.
F3 Represents an award of restricted stock. The restricted stock vests in equal installments on February 8, 2023, February 8, 2024 and February 8, 2025.
F4 Includes 18.1792 shares of the Issuer's common stock purchased under the Forward Air Employee Stock Purchase Plan on June 30, 2021 and 321.9641 shares of the Issuer's common stock on December 31, 2021 in an exempt transaction.