James Ziglar - Sep 1, 2021 Form 4 Insider Report for Forward Industries, Inc. (FORD)

Role: Director
Signature: /s/ James Ziglar
Stock symbol: FORD
Transactions as of: Sep 1, 2021
Transactions value $: -$41,550
Form type: 4
Date filed: 10/8/2021, 04:15 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	$33.9K	+30K	+300%	$1.13	40K	Sep 1, 2021	Direct
transaction	FORD	Common Stock	Sale	-$75.5K	-30K	-75%	$2.52	10K	Sep 1, 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	-30K	-61.96%	$0.00	18.4K	Sep 1, 2021	Common Stock	30K	$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 $2.50 to $2.56, 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 sold at each separate price within the ranges set forth in the preceding sentence.

Content

The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions ranging from $2.50 to $2.56, 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 sold at each separate price within the ranges set forth in the preceding sentence.