Nancee L. Ronning - 07 Feb 2023 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Signature
/s/ Michael L. Hance, Attorney-in-Fact
Issuer symbol
FWRD
Transactions as of
07 Feb 2023
Net transactions value
$0
Form type
4
Filing time
09 Feb 2023, 20:35:30 UTC
Previous filing
04 Nov 2022
Next filing
30 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FWRD Common Stock Award $0 +1,191 +77% $0.000000 2,730 07 Feb 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 +1,847 $0.000000 1,847 07 Feb 2023 Common Stock 1,847 $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.