Valerie A. Bonebrake - Jun 13, 2023 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Role
Director
Signature
/s/ Michael L. Hance, Attorney-in-Fact
Stock symbol
FWRD
Transactions as of
Jun 13, 2023
Transactions value $
$0
Form type
4
Date filed
1/16/2024, 08:12 AM
Previous filing
May 11, 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 +14 +7.46% $0.00 201 Jun 13, 2023 Common Stock 14 $0.00 Direct F1
transaction FWRD Dividend Equivalent Rights Award $0 +20.4 +10.14% $0.00 222 Sep 7, 2023 Common Stock 20.4 $0.00 Direct F1
transaction FWRD Dividend Equivalent Rights Award $0 +22.5 +10.17% $0.00 244 Dec 7, 2023 Common Stock 22.5 $0.00 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.