FORWARD AIR CORP — Director's Dealing 2015

Nov 9, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2015-11-05

Reporting Person: CAMPBELL BRUCE A (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-05	Common Stock	M	58744	$22.87	Acquired	213718	Direct
2015-11-05	Common Stock	S	58744	$46.006	Disposed	154974	Direct
2015-11-06	Common Stock	M	32512	$22.87	Acquired	187486	Direct
2015-11-06	Common Stock	S	32512	$46.005	Disposed	154974	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-05	Stock Option (Right to Buy)	$22.87	M	58744	Disposed	2016-02-08	Common Stock (58744.0)	Direct
2015-11-06	Stock Option (Right to Buy)	$22.87	M	32512	Disposed	2016-02-08	Common Stock (32512.0)	Direct

Footnotes

F1: This option vests 33-1/3% each year over a three year period commencing on 2/8/10.