FORWARD AIR CORP — Director's Dealing 2014

Aug 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2014-08-13

Reporting Person: JEWELL MATTHEW J (EVP-Intermodal Services & CSO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-13	Common Stock	M	7100.0000	$29.4400	Acquired	33944.7248	Direct
2014-08-13	Common Stock	S	7100.0000	$46.5377	Disposed	26844.7248	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-13	Stock Option (Right to Buy)	$29.4400	M	7100.0000	Disposed	2015-02-10	Common Stock (7100.0000)	Direct

Footnotes

F1: This option vested 33-1/3% each year over a three year period commencing on 2/10/09.