FORWARD AIR CORP — Director's Dealing 2015

Feb 11, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2015-02-09

Reporting Person: Hance Michael L (Senior VP, CLO and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-09	Common Stock	A	2169	—	Acquired	12722.4377	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-09	Stock Option (Right to Buy)	$50.71	A	6846	Acquired	2022-02-09	Common Stock (6846.0)	Direct

Footnotes

F1: 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 2/9/16 and fully vesting on 2/9/18.

F2: This option vests 33-1/3% each year over a three year period commencing on 2/9/16.