FORWARD AIR CORP — Director's Dealing 2018

Jun 8, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2018-06-06

Reporting Person: RUBLE CHRIS C (President - Expedited Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-06	Common Stock	M	2282	$50.71	Acquired	24755.8365	Direct
2018-06-06	Common Stock	M	3126	$43.67	Acquired	27881.8365	Direct
2018-06-06	Common Stock	M	3033	$47.82	Acquired	30914.8365	Direct
2018-06-06	Common Stock	S	7969	$60.50	Disposed	22945.8365	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-06	Stock Option (Right to Buy)	$50.71	M	2282	Disposed	2022-02-09	Common Stock (2282.0)	Direct
2018-06-06	Stock Option (Right to Buy)	$43.67	M	3126	Disposed	2023-02-08	Common Stock (3126.0)	Direct
2018-06-06	Stock Option (Right to Buy)	$47.82	M	3033	Disposed	2024-02-06	Common Stock (3033.0)	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 2/9/16.

F2: This option vests 33-1/3% each year over a three year period commencing on 2/8/17.

F3: This option vests 33-1/3% each year over a three year period commencing on 2/6/18.