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FORWARD AIR CORP Director's Dealing 2014

May 13, 2014

32398_dirs_2014-05-13_2a452d6a-0009-453a-ae42-7cf5799ff1d1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2013-05-07

Reporting Person: LEINBACH TRACY A (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-05-07 Common Stock A 2089.0000 $0.0000 Acquired 19215.0000 Direct
2014-05-09 Common Stock A 1989.0000 $0.0000 Acquired 21204.0000 Direct

Footnotes

F1: Represents restricted stock units awarded under the Forward Air Corporation Amended and Restated Non-Employee Director Stock Plan in a transaction exempt from Section 16(b) under Rule 16b-3. The stock units fully vest on the earlier to occur of (a) the day immediately prior to the first Annual Meeting that occurs after the grant date or (b) the first anniversary of the grant date. Following vesting, the reporting person has chosen to defer the settlement of the restricted stock units until after the reporting person's separation from service pursuant to the Plan.

F2: Represents restricted stock awarded under the Forward Air Corporation Amended and Restated Non-Employee Director Stock Plan in a transaction exempt from Section 16(b) under Rule 16b-3. The stock fully vests on the earlier of (a) the day immediately prior to the first Annual Meeting that occurs after the grant date or (b) the first anniversary of the grant date.