FORWARD AIR CORP — Director's Dealing 2011

Mar 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2011-03-08

Reporting Person: BELL RODNEY L (CFO, SVP & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-08	Common Stock	S	48.0000	$29.9200	Disposed	109787.4929	Direct
2011-03-08	Common Stock	S	100.0000	$29.9500	Disposed	109687.4929	Direct
2011-03-08	Common Stock	S	100.0000	$29.9300	Disposed	109587.4929	Direct
2011-03-08	Common Stock	S	100.0000	$29.9100	Disposed	109487.4929	Direct
2011-03-08	Common Stock	S	200.0000	$30.2200	Disposed	109287.4929	Direct
2011-03-08	Common Stock	S	200.0000	$30.1200	Disposed	109087.4929	Direct
2011-03-08	Common Stock	S	200.0000	$29.9450	Disposed	108887.4929	Direct
2011-03-08	Common Stock	S	274.0000	$29.9700	Disposed	108613.4929	Direct
2011-03-08	Common Stock	S	300.0000	$30.1300	Disposed	108313.4929	Direct
2011-03-08	Common Stock	S	300.0000	$30.0201	Disposed	108013.4929	Direct
2011-03-08	Common Stock	S	400.0000	$29.9000	Disposed	107613.4929	Direct
2011-03-08	Common Stock	S	500.0000	$30.2000	Disposed	107113.4929	Direct
2011-03-08	Common Stock	S	500.0000	$30.1900	Disposed	106613.4929	Direct
2011-03-08	Common Stock	S	500.0000	$30.0400	Disposed	106113.4929	Direct
2011-03-08	Common Stock	S	526.0000	$29.9500	Disposed	105587.4929	Direct
2011-03-08	Common Stock	S	600.0000	$30.2001	Disposed	104987.4929	Direct
2011-03-08	Common Stock	S	600.0000	$30.1600	Disposed	104387.4929	Direct
2011-03-08	Common Stock	S	600.0000	$30.0100	Disposed	103787.4929	Direct
2011-03-08	Common Stock	S	772.0000	$30.0100	Disposed	103015.4929	Direct
2011-03-08	Common Stock	S	800.0000	$29.9100	Disposed	102215.4929	Direct
2011-03-08	Common Stock	S	1200.0000	$29.9800	Disposed	101015.4929	Direct
2011-03-08	Common Stock	S	1228.0000	$30.0000	Disposed	99787.4929	Direct
2011-03-08	Common Stock	S	1352.0000	$29.9000	Disposed	98435.4929	Direct
2011-03-08	Common Stock	S	1400.0000	$30.1601	Disposed	97035.4929	Direct
2011-03-08	Common Stock	S	1500.0000	$30.0401	Disposed	95535.4929	Direct
2011-03-08	Common Stock	S	1700.0000	$30.0200	Disposed	93835.4929	Direct
2011-03-08	Common Stock	S	2000.0000	$30.0101	Disposed	91835.4929	Direct