FORWARD AIR CORP — Director's Dealing 2014

Mar 18, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2014-03-14

Reporting Person: RUBLE CHRIS C (Executive VP, Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-14	Common Stock	M	620.0000	$28.9733	Acquired	17022.1870	Direct
2014-03-14	Common Stock	S	620.0000	$45.0080	Disposed	16402.1870	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-14	Stock Option (Right to Buy)	$28.9733	M	620.0000	Disposed	2015-02-14	Common Stock (620.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	29.0000	Indirect

Footnotes

F1: At the time of grant, this option was scheduled to vest 25% each year over a four year period commencing on 2/14/06. As of 12/31/05, all options then outstanding became fully exercisable as a result of the Board of Directors accelerating the vesting of all outstanding stock options awarded to employees, officers and non-employee directors under the Company's stock option award plans.