FORWARD AIR CORP — Director's Dealing 2011

Feb 15, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2011-02-11

Reporting Person: CAMPBELL BRUCE A (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-11	Common Stock	A	12346.0000	$0.0000	Acquired	111659.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-11	Stock Option (Right to Buy)	$28.6100	A	37037.0000	Acquired	2018-02-11	Common Stock (37037.0000)	Direct

Footnotes

F1: Award of time-vesting restricted stock under the Forward Air Corporation Amended and Restated Stock Option and Incentive Plan in transaction exempt from Section 16(b) under Rule 16b-3. The stock vests equally in one-third increments over three years commencing 2/11/12 and fully vesting on 2/11/14.

F2: This option vests 33-1/3% each year over a three year period commencing on 2/11/12.