FORWARD AIR CORP — Director's Dealing 2014

Feb 18, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2014-02-13

Reporting Person: DRUM CRAIG A (Senior Vice President, Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-13	Common Stock	M	4444.0000	$28.6100	Acquired	10208.0000	Direct
2014-02-13	Common Stock	M	3113.0000	$36.5500	Acquired	13321.0000	Direct
2014-02-13	Common Stock	S	7557.0000	$45.1193	Disposed	5764.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-13	Stock Option (Right to Buy)	$36.5500	M	3113.0000	Disposed	2019-02-07	Common Stock (3113.0000)	Direct
2014-02-13	Stock Option (Right to Buy)	$28.6100	M	4444.0000	Disposed	2018-02-11	Common Stock (4444.0000)	Direct

Footnotes

F1: This option vested 33-1/3% each year over a three year period commencing on 2/7/13.

F2: This option vested 33-1/3% each year over a three year period commencing on 2/11/12.