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: JEWELL MATTHEW J (EVP-Intermodal Services & CSO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-17	Common Stock	M	5886	$22.87	Acquired	33880.8189	Direct
2015-02-17	Common Stock	S	5886	$53.6428	Disposed	27994.8189	Direct
2015-02-18	Common Stock	M	3407	$22.87	Acquired	31401.8189	Direct
2015-02-18	Common Stock	S	3407	$53.5066	Disposed	27994.8189	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-17	Stock Option (Right to Buy)	$22.87	M	5886	Disposed	2016-02-08	Common Stock (5886.0)	Direct
2015-02-18	Stock Option (Right to Buy)	$22.87	M	3407	Disposed	2016-02-08	Common Stock (3407.0)	Direct

Footnotes

F1: This option vested 33-1/3% each year over a three year period commencing on 2/08/10.