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

Role
Director
Signature
/s/ Sangita Shah
Stock symbol
FORD
Transactions as of
Jul 1, 2022
Transactions value $
$0
Form type
4
Date filed
7/15/2022, 05:09 PM
Previous filing
Apr 5, 2022
Next filing
May 25, 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 FORD Stock Options (Right to Buy) Award +14.5K 14.5K Jul 1, 2022 Common Stock 14.5K $1.47 Direct F1, F2
transaction FORD Stock Options (Right to Buy) Award +13.6K 13.6K Jul 1, 2022 Common Stock 13.6K $1.47 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.