Nancee L. Ronning - Feb 7, 2023 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Signature
/s/ Michael L. Hance, Attorney-in-Fact
Stock symbol
FWRD
Transactions as of
Feb 7, 2023
Transactions value $
$0
Form type
4
Date filed
2/9/2023, 08:35 PM
Previous filing
Nov 4, 2022
Next filing
Aug 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FWRD Common Stock Award $0 +1.19K +77.39% $0.00 2.73K Feb 7, 2023 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) Award $0 +1.85K $0.00 1.85K Feb 7, 2023 Common Stock 1.85K $115.42 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock. The restricted stock vests in equal installments on February 7, 2024, February 7, 2025, and February 7, 2026.
F2 These options vest in equal installments on February 7, 2024, February 7, 2025 and February 7, 2026.