Sangita Shah - Oct 1, 2021 Form 4 Insider Report for Forward Industries, Inc. (FORD)

Role
Director
Signature
/s/ Sangita Shah
Stock symbol
FORD
Transactions as of
Oct 1, 2021
Transactions value $
$0
Form type
4
Date filed
10/5/2021, 04:01 PM
Next filing
Jan 4, 2022

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) Award +9.55K 9.55K Oct 1, 2021 Common Stock 9.55K $2.39 Direct F1, F2
transaction FORD Stock Options (Right to Buy) Award +9.9K 9.9K Oct 1, 2021 Common Stock 9.9K $2.39 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options vest one year from the Transaction Date, subject to continued service as a director on the vesting date.
F2 Not applicable.
F3 Fully vested.