Sangita Shah - Apr 1, 2022 Form 4 Insider Report for Forward Industries, Inc. (FORD)

Role
Director
Signature
/s/ Sangita Shah
Stock symbol
FORD
Transactions as of
Apr 1, 2022
Transactions value $
$0
Form type
4
Date filed
4/5/2022, 04:01 PM
Previous filing
Jan 4, 2022
Next filing
Jul 15, 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 +12.7K 12.7K Apr 1, 2022 Common Stock 12.7K $1.72 Direct F1, F2
transaction FORD Stock Options (Right to Buy) Award +11.9K 11.9K Apr 1, 2022 Common Stock 11.9K $1.72 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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