Valerie A. Bonebrake - 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, 08:12:55 UTC
Previous filing
11 May 2023
SEC
View on sec.gov

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 +14 +7.5% $0.000000 201 13 Jun 2023 Common Stock 14 $0.000000 Direct F1
transaction FWRD Dividend Equivalent Rights Award $0 +20 +10% $0.000000 222 07 Sep 2023 Common Stock 20 $0.000000 Direct F1
transaction FWRD Dividend Equivalent Rights Award $0 +23 +10% $0.000000 244 07 Dec 2023 Common Stock 23 $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.