FORWARD AIR CORP — Director's Dealing 2014

Feb 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2014-02-06

Reporting Person: McLean Michael P (VP & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-31	Common Stock	J	7.7430	$0.0000	Acquired	8900.3813	Direct
2014-02-06	Common Stock	A	1412.0000	$0.0000	Acquired	10312.3813	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-06	Stock Option (Right to Buy)	$42.4800	A	4009.0000	Acquired	2021-02-06	Common Stock (4009.0000)	Direct

Footnotes

F1: Includes 7.7430 shares acquired under the Issuer's employee stock purchase plan in June and December 2013.

F2: Award of time-vesting restricted stock under the Forward Air Corporation Amended and Restated Stock Option and Incentive Plan in a transaction exempt from Section 16(b) under Rule 16b-3. The stock vests equally in one-third increments over three years commencing 2/6/15 and fully vesting on 2/6/17.

F3: This option vests 33-1/3% each year over a three year period commencing on 2/6/15.