FORWARD AIR CORP — Director's Dealing 2015

Feb 19, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2015-02-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-17	Common Stock	M	4700	$22.47	Acquired	19943.5638	Direct
2015-02-17	Common Stock	S	4700	$53.7764	Disposed	15243.5638	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-17	Stock Option (Right to Buy)	$22.47	M	4700	Disposed	2017-02-07	Common Stock (4700.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	29	Indirect

Footnotes

F1: This option vests 33-1/3% each year over a three year period commencing on 2/7/11.