Valerie A. Bonebrake - Dec 8, 2022 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Role
Director
Signature
/s/ Michael L. Hance, Attorney-in-Fact
Stock symbol
FWRD
Transactions as of
Dec 8, 2022
Transactions value $
$0
Form type
4
Date filed
12/28/2022, 06:45 AM
Previous filing
Oct 11, 2022
Next filing
Mar 20, 2023

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 Dividend Equivalent Rights Award $0 +13.2 +8.26% $0.00 174 Dec 8, 2022 Common Stock 13.2 $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The dividend equivalent rights accrued on restricted stock units previously granted under the Forward Air Corporation Non-Employee Director Plans and are fully vested. Each dividend equivalent right is the economic equivalent of one share of Forward Air Corporation common stock.