Rebecca J. Garbrick - 16 Nov 2022 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Role
CFO
Signature
/s/ Michael L. Hance, Attorney-in-Fact
Issuer symbol
FWRD
Transactions as of
16 Nov 2022
Net transactions value
$0
Form type
4
Filing time
09 Feb 2023, 20:28:43 UTC
Previous filing
09 Feb 2022
Next filing
20 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FWRD Common Stock Disposed to Issuer $0 -81 -2.3% $0.000000 3,453 16 Nov 2022 Direct F1
transaction FWRD Common Stock Award $0 +2,166 +63% $0.000000 5,619 07 Feb 2023 Direct F2

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) Award $0 +3,358 $0.000000 3,358 07 Feb 2023 Common Stock 3,358 $115.42 Direct F3
* 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 November 16, 2022.
F2 Represents an award of restricted stock. The restricted stock vests in equal installments on February 7, 2024, February 7, 2025, and February 7, 2026.
F3 These options vest in equal installments on February 7, 2024, February 7, 2025 and February 7, 2026.