FORWARD AIR CORP — Director's Dealing 2019

Sep 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2019-08-29

Reporting Person: ADELAAR GLENN A (Former Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-29	Common Stock	M	2084	$43.67	Acquired	41176.8061	Direct
2019-08-29	Common Stock	M	1654	$47.82	Acquired	42830.8061	Direct
2019-08-29	Common Stock	M	1179	$58.40	Acquired	44009.8061	Direct
2019-08-29	Common Stock	S	4917	$61.0507	Disposed	39092.8061	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-29	Stock Option (Right to Buy)	$43.67	M	2084	Disposed	2023-02-08	Common Stock (2084.0)	Direct
2019-08-29	Stock Option (Right to Buy)	$47.82	M	1654	Disposed	2024-02-06	Common Stock (1654.0)	Direct
2019-08-29	Stock Option (Right to Buy)	$58.4	M	1179	Disposed	2025-02-05	Common Stock (1179.0)	Direct

Footnotes

F1: This option vests 33-1/3% each year over a three year period commencing on 2/8/17.

F2: This option vests 33-1/3% each year over a three year period commencing on 2/6/18.

F3: This option vests 33-1/3% each year over a three year period commencing on 2/5/19.