Ronald W. Allen - 13 Jun 2023 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Role
Director
Signature
/s/ Michael L. Hance, Attorney-in-Fact
Issuer symbol
FWRD
Transactions as of
13 Jun 2023
Net transactions value
$0
Form type
4
Filing time
16 Jan 2024, 08:12:44 UTC
Previous filing
11 May 2023
Next filing
18 Aug 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 +17 +8.5% $0.000000 216 13 Jun 2023 Common Stock 17 $0.000000 Direct F1
transaction FWRD Dividend Equivalent Rights Award $0 +25 +11% $0.000000 241 07 Sep 2023 Common Stock 25 $0.000000 Direct F1
transaction FWRD Dividend Equivalent Rights Award $0 +27 +11% $0.000000 268 07 Dec 2023 Common Stock 27 $0.000000 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.