Howard Morgan - Jun 17, 2021 Form 4 Insider Report for Forward Industries, Inc. (FORD)

Role
Director
Signature
/s/ Howard Morgan
Stock symbol
FORD
Transactions as of
Jun 17, 2021
Transactions value $
-$142,507
Form type
4
Date filed
6/21/2021, 04:19 PM
Next filing
Oct 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORD Common Stock Options Exercise $12.3K +10K +8.33% $1.23 130K Jun 17, 2021 Direct
transaction FORD Common Stock Options Exercise $77.3K +68.4K +52.63% $1.13 198K Jun 17, 2021 Direct
transaction FORD Common Stock Sale -$232K -78.4K -39.52% $2.96 120K Jun 17, 2021 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 FORD Stock Options (Right to Buy) Options Exercise $0 -10K -100% $0.00* 0 Jun 17, 2021 Common Stock 10K $1.23 Direct
transaction FORD Stock Options (Right to Buy) Options Exercise $0 -68.4K -100% $0.00* 0 Jun 17, 2021 Common Stock 68.4K $1.13 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions ranging from $2.94 to $3.05, inclusive. The reporting person undertakes to provide to Forward Industries, Inc., any security holder of Forward Industries, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in the preceding sentence.